Transactive Energy webinar
https://www.bigmarker.com/canary-media1/Transactive-Energy-101 Smart thermostats bid for the right to keep using electricity. If they lose the bid, they have to adjust the setpoint to avoid using energy. Lynne Kiesling. PNNL. The real-time market (5 min market) is where the transactive energy opportunity gets real. Double auction: the buyers submit their acutions, the suppliers all submit their bids, the algorithm creates the supply & demand curve, that generates a clearing price. Olympic Peninsula Project How do we incorporate DERs? Quantity on the X axis, $ on the Y axis. The demand line slopes down. What if the PV and EVs were connected together in an energy market. They have a willingness to pay for charging their EV. In the middle of the day, the supply curve shifts out since there is a lot of solar generation. The cars that have most willingness to pay will charge higher. SLAC + Holy Cross Energy ⇒ TESS (Transactive Energy Service System). Mostly working on market design, but also building out the platform. She focuses on bottom-up economics and price discovery in a complex system. Having 20% of load be fully price responsive gets you 80% of the benefit. There is a coincident peak charge that Holy Cross is trying to avoid. Transactive Energy is a more efficient alternative to net metering. TEMix: https://www.slideshare.net/barrager/transactive-energy-keystone-of-sustainable-electricity-markets Blockchain for transactive energy!
https://eesg.mit.edu/project_page/
https://www.linkedin.com/in/rupamathi/
Samir Succar and Ryan Hledik both have heard very little interest from utilities about this topic.