Transactive Campus Energy Systems: Final Report

Katipamula, Srinivas; Corbin, Charles D.; Haack, Jereme; Hao, He; Kim, Woohyun; Hostick, Donna J.; Akyol, Bora A.; Allwardt, Craig; Carpenter, Brandon J.; Huang, Sen; Liu, Guopeng; Lutes, Robert G.; Makhmalbaf, Atefe; Mendon, Vrushali V.; Ngo, Hung Q.; Somasundaram, S.; Underhill, Ronald M.; Zhao, Mingjie

doi:10.2172/1398229

Cited by 6 publications

(5 citation statements)

References 3 publications

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“…In the literature, cost optimization involving microgrids and consumers reacting to signals is a current trend of study which requires tools and simulation platforms to overcome practical challenges such as communication failures, cyber-attacks, automation infrastructure challenges, etc. There is a wide gap between real (sometimes referred to as actual) and expected results with TE systems for which emulation tools and prototypes are required for implementation [65]. However, there should be more emphasis on projects involving validations with TE for addressing the practical issues during simulation.…”

Section: New Technologies and Innovations In Transactive Energymentioning

confidence: 99%

The Role of Transactive Energy in the Future Energy Industry: A Critical Review

et al. 2022

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Transactive energy is a highly effective technique for peers to exchange and trade energy resources. Several interconnected blocks, such as generation businesses, prosumers, the energy market, energy service providers, transmission and distribution networks, and so on, make up a transactive energy framework. By incorporating the prosumers concept and digitalization into energy systems at the transmission and distribution levels, transactive energy systems have the exciting potential to reduce transmission losses, lower electric infrastructure costs, increase reliability, increase local energy use, and lower customers’ electricity bills at the transmission and distribution levels. This article provides a state-of-the-art review of transactive energy concepts, primary drivers, architecture, the energy market, control and management, network management, new technologies, and the flexibility of the power system, which will help researchers comprehend the various concepts involved.

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Section: New Technologies and Innovations In Transactive Energymentioning

confidence: 99%

The Role of Transactive Energy in the Future Energy Industry: A Critical Review

et al. 2022

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“…[3] HVAC only; no brownfield bidding; no consistent utility framework [4] HVAC only; no brownfield bidding [8] EV only; heuristic bidding function; no brownfield [2] No brownfield bidding; no consistent utility framework Li et al [6] General economic framework of bidding, without specification for devices [9] No active bidding, but response to real-time price signal; PV only; no brownfield bidding [5] General economic framework of bidding, without specification for devices Moreover, we observe that most of the implemented TS operate on the assumption that the TS fully substitutes the existing tariff system ("greenfield"). In that case, devices bid their marginal value (or some heuristic estimate of it) and supply is offered at marginal cost, typically the real-time wholesale market price (e.g., Katipamula et al [1], Katipamula et al [19]). Past deployments operated under experimental conditions: customers were either assigned to an experimental tariff or received side-payments for a separate billing through the TS.…”

Section: References Limitationsmentioning

confidence: 99%

Opening Up Transactive Systems: Introducing TESS and Specification in a Field Deployment

Arlt¹,

Chassin

Kiesling

2021

Energies

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Transactive energy systems (TS) use automated device bidding to access (residential) demand flexibility and coordinate supply and demand on the distribution system level through market processes. In this work, we present TESS, a modularized platform for the implementation of TS, which enables the deployment of adjusted market mechanisms, economic bidding, and the potential entry of third parties. TESS thereby opens up current integrated closed-system TS, allows for the better adaptation of TS to power systems with high shares of renewable energies, and lays the foundations for a smart grid with a variety of stakeholders. Furthermore, despite positive experiences in various pilot projects, one hurdle in introducing TS is their integration with existing tariff structures and (legal) requirements. In this paper, we therefore describe TESS as we have modified it for a field implementation within the service territory of Holy Cross Energy in Colorado. Importantly, our specification addresses challenges of implementing TS in existing electric retail systems, for instance, the design of bidding strategies when a (non-transactive) tariff system is already in place. We conclude with a general discussion of the challenges associated with “brownfield” implementation of TS, such as incentive problems of baseline approaches or long-term efficiency.

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“…It uses a private blockchain to create a virtual community energy market platform. The Clean Energy and Transactive Campus (CETC) project is another example of campus-based TE framework, in which Pacific Northwest National Laboratory (PNNL), Washington State University, and the University of Washington have teamed to form a multi-campus TE framework to employ TE control for the economic dispatch of DER and real-time grid management [110]. Another pilot project, implemented by TeMix, provides a cloud-based platform for Retail Au-tomated Transactive Energy System (RATES) [111].…”

Section: ) Pilot Projectsmentioning

confidence: 99%

Paving the Path for Two-Sided Energy Markets: An Overview of Different Approaches

et al. 2020

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The transition in the energy sector, initiated by increasing uptake of distributed energy resources (DER) and grid digitization, provides opportunities to improve energy efficiency through electricity market reformation. The development of a two-sided market allows delivering benefits of improved efficiency to energy customers. This paper discusses the opportunities and challenges related to transitioning to a two-sided energy market. The drivers to move toward a two-sided market, the benefits that this market can provide for different stakeholders, and enabling technologies for this transition are studied. An overview of different approaches that lay the groundwork for two-sided markets, including demand response (DR), virtual power plants (VPPs), peer-to-peer (P2P) trading, and transactive energy (TE) is provided. A classification of different approaches, along with examples of academic and industrial works, are presented to give some insights on the way each approach can pave the path to the market reformation. Finally, different approaches are compared and some of the challenges that need to be addressed in future works are identified. INDEX TERMS Demand response, distributed energy resources (DER), negawatt trading, peer-to-peer (P2P) trading, transactive energy (TE), two-sided market, virtual power plant (VPP).

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Transactive Campus Energy Systems: Final Report

Cited by 6 publications

References 3 publications

The Role of Transactive Energy in the Future Energy Industry: A Critical Review

The Role of Transactive Energy in the Future Energy Industry: A Critical Review

Opening Up Transactive Systems: Introducing TESS and Specification in a Field Deployment

Paving the Path for Two-Sided Energy Markets: An Overview of Different Approaches

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