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 language | English |
|---|---|
| Journal | IEEE Power & Energy Magazine |
| Volume | 14 |
| Issue number | 3 |
| Pages (from-to) | 34-45 |
| Number of pages | 12 |
| ISSN | 1540-7977 |
| DOIs | |
| Publication status | Published - 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
