Transactive energy (original) (raw)

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dbo:abstract Transactive energy refers to the economic and control techniques used to manage the flow or exchange of energy within an existing electric power system in regards to economic and market based standard values of energy. It is a concept that is used in an effort to improve the efficiency and reliability of the power system, pointing towards a more intelligent and interactive future for the energy industry. Transactive energy promotes a network environment for distributed energy nodes as opposed to the traditional hierarchical grid structure. The network structure allows for communication such that all levels of energy generation and consumption are able to interact with one another, a concept that is also known as interoperability. In transactive energy, interoperability refers to the ability of involved systems to connect and exchange energy information while maintaining workflow and utility constraints. The network is exponentially more complex than traditional control of generating sources because the demand side of the grid offers millions points of control in contrast with an average 10 to 20 power plant points of control on the supply side. (en)
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dbo:wikiPageWikiLink dbr:Electric_power_system dbr:Energy_industry dbr:Battelle_Memorial_Institute dbr:United_States_Department_of_Energy dbr:Interoperability dbr:Smart_grid dbr:Montana dbc:Energy_in_the_United_States dbr:Washington_(state) dbr:Load_shifting dbr:Customer_engagement dbr:Edison_Electric_Institute dbr:Pacific_Northwest_National_Laboratory dbr:Idaho dbr:National_Electrical_Manufacturers_Association dbr:National_Institute_of_Standards_and_Technology dbr:Navigant_Consulting dbr:Open-source_software dbr:Oregon dbr:Wyoming dbr:Smart_meter dbr:Smart_appliance dbr:AEP_Ohio
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rdfs:comment Transactive energy refers to the economic and control techniques used to manage the flow or exchange of energy within an existing electric power system in regards to economic and market based standard values of energy. It is a concept that is used in an effort to improve the efficiency and reliability of the power system, pointing towards a more intelligent and interactive future for the energy industry. (en)
rdfs:label Transactive energy (en)
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