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
JournalI E E E 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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