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Transactive Energy: Real World Applications for the Modern Grid

Posted to Smart Electric Power Alliance (SEPA) in the Utility Management Group
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Jennifer Szaro's picture
President/CEO Association of Energy Services Professionals (AESP)

Jennifer joined the Association of Energy Services Professionals (AESP) as their newest President and CEO in April of 2020.  Prior to her current role, she served as Vice President of Research...

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  • Sep 20, 2019 5:00 pm GMT
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Take Your Understanding of Transactive Energy from Theoretical to Practical

Get a clear understanding of what Transactive Energy really is and its potential to solve some of the challenges that arise with an increasingly distributed grid. Through an in-depth discussion of transactive energy definitions and real-world case studies, you’ll learn that TxE is not a hypothetical end state, but a solution that is already being actively tested and deployed.

What’s in the Report:

  • A detailed explanation of transactive energy systems as comprised of coordinated participants that use automation tools to communicate and exchange energy based on value and grid constraints
  • Discussion of the evolving roles of stakeholders in an increasingly distributed grid where transactive energy systems are being used
  • Four transactive energy case studies with detailed discussion of objectives, challenges, and outcomes

As the grid evolves, the growth of distributed energy resources (DERs) — particularly behind the meter and out of visibility of the utility — poses challenges to the planning, operation, and oversight of the grid. Transactive energy systems, comprised of coordinated participants that use automation tools to communicate and exchange energy based on value and grid constraints, offer a potential approach forward. This new report breaks down the definition of transactive energy and includes four real-world case studies from utilities:

  • Distribution System Platform (DSP) Demonstration in Buffalo, New York
  • Microgrid Project in Isle au Haut, Maine
  • Olympic Peninsula Demonstration Project in Olympic Peninsula, Washington
  • Retail Automated Transactive Energy System (RATES) Pilot in Thousand Oaks, California

The included case studies show that transactive energy systems can employ a wide range of technologies including, but not limited to, solar, energy storage, demand response, smart meters, and distributed ledger technologies. Pilots today range from one-way automated price signals incentivizing behavior to two-way pricing and are demonstrating real-world applications for the grid.

Smart Electric Power Alliance (SEPA)
The Smart Electric Power Alliance (SEPA) is an educational nonprofit working to facilitate the electric power industry’s smart transition to a clean and modern energy future through education, research, standards and collaboration.
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Matt Chester's picture
Matt Chester on Sep 20, 2019

The included case studies show that transactive energy systems can employ a wide range of technologies including, but not limited to, solar, energy storage, demand response, smart meters, and distributed ledger technologies

Distributed energy generally, it seems, will be reliant on these kinds of transactive energy. It's a match well made

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