A Society of Devices: Integrating Intelligent Distributed Resources with Transactive Energy

Koen Kok, Steve Widergren

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    Secure, Clean, and Efficient Energy is one of the great societal challenges of our time. Electricity as a sustainable energy carrier plays a central role in the most effective transition scenarios toward sustainability. To harness this potential, the current electricity infrastructure needs to be rigorously re-engineered into an integrated and intelligent electricity system: the smart grid. Key elements of the smart grid vision are the coordination mechanisms. In such a system, vast numbers of devices, currently just passively connected to the grid, will become actively involved in system-wide and local coordination tasks. In this light, transactive energy (TE ) is emerging as a strong contender for orchestrating the coordinated operation of so many devices.
    Original languageEnglish
    JournalIEEE Power & Energy Magazine
    Volume14
    Issue number3
    Pages (from-to)34-45
    Number of pages12
    ISSN1540-7977
    DOIs
    Publication statusPublished - 2016

    Keywords

    • Electrical and Electronic Engineering
    • Energy Engineering and Power Technology
    • Electric power transmission networks
    • Coordinated operation
    • Coordination mechanisms
    • Distributed resources
    • Electricity infrastructure
    • Electricity system
    • Local coordination
    • Sustainable energy
    • Transition scenarios
    • Smart power grids
    • Artificial intelligence
    • Energy management
    • Optimization
    • Smart grids
    • Multi-agent systems
    • Transactive energy
    • ENGINEERING,
    • Distribution networks
    • distribution networks
    • intelligent distributed resources
    • transactive energy
    • sustainable energy carrier
    • transition scenarios
    • electricity infrastructure
    • intelligent electricity system
    • coordination mechanisms
    • local coordination tasks
    • coordinated operation

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