Transactive Energy A Review of State of The Art and Implementation

Zhaoxi Liu, Qiuwei Wu, Shaojun Huang, Haoran Zhao

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    2112 Downloads (Pure)


    In future smart grids, large-scale deployment of distributed energy resources (DERs) and renewable energy sources (RES) is expected. In order to integrate a high penetration level of DERs and RES in the grid while operating the system safely and efficiently, new control methods for power system operations are in demand so that the flexibility of the responsive assets in the grid can be further explored. Transactive control, considered as one of the most novel distributed control approaches for power system operations, has been extensively discussed and studied
    around the world in recent years. This paper provides a bibliographical review on the researches and implementation of the transactive energy concepts and transactive control techniques in power systems. The ideas of transactive control are introduced mainly according to the transactive energy framework proposed by the GridWise Architecture Council. The implementation pilots and research studies on transactive control applications in power systems are reviewed subsequently.
    Original languageEnglish
    Title of host publicationProceedings of 12th IEEE Power and Energy Society PowerTech Conference
    Number of pages6
    Publication date2017
    ISBN (Print)9781509042371
    Publication statusPublished - 2017
    Event12th IEEE Power and Energy Society PowerTech Conference: Towards and Beyond Sustainable Energy Systems - University Place, University of Manchester., Manchester, United Kingdom
    Duration: 18 Jun 201722 Jun 2017


    Conference12th IEEE Power and Energy Society PowerTech Conference
    LocationUniversity Place, University of Manchester.
    Country/TerritoryUnited Kingdom


    • Demand response
    • Smart grid
    • Transactive control
    • Transactive energy


    Dive into the research topics of 'Transactive Energy A Review of State of The Art and Implementation'. Together they form a unique fingerprint.

    Cite this