Transactive Systems Simulation and Valuation Platform Trial Analysis

Technical Report · Sat Apr 01 00:00:00 EDT 2017

DOI:https://doi.org/10.2172/1379448· OSTI ID:1379448

Widergren, Steven E. ^[1]; Hammerstrom, Donald J. ^[1]; Huang, Qiuhua ^[1]; Kalsi, Karanjit ^[1]; Lian, Jianming ^[1]; Makhmalbaf, Atefe ^[1]; McDermott, Thomas E. ^[1]; Sivaraman, Deepak ^[1]; Tang, Yingying ^[1]; Veeramany, Arun ^[1]; Woodward, James C. ^[1]

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1. Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

Transactive energy systems use principles of value to coordinate responsive supply and demand in energy systems. Work continues within the Transactive Systems Program, which is funded by the U.S. Department of Energy at Pacific Northwest National Laboratory, to understand the value of, understand the theory behind, and simulate the behaviors of transactive energy systems. This report summarizes recent advances made by this program. The main capability advances include a more comprehensive valuation model, including recommended documentation that should make valuation studies of all sorts more transparent, definition of economic metrics with which transactive mechanisms can be evaluated, and multiple improvements to the time-simulation environment that is being used to evaluate transactive scenarios.

• Research Organization: Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
• Sponsoring Organization: USDOE
• DOE Contract Number: AC05-76RL01830
• OSTI ID: 1379448
• Report Number(s): PNNL-26409; TE1204000; TRN: US1800562
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
ENERGY SYSTEMS
SIMULATION
COST
METRICS
transactive
simulation
valuation
control theory
economic theory
transactive control