Transactive Energy Systems
This webinar will introduce basic TES principles and concepts. Using methods and tools from agent-based simulations and field studies, it will then demonstrate how TES techniques can facilitate the coordination of distributed energy resources and devices within electricity delivery systems using scalable market-based transactions that are simple to integrate and evolve as technology and objectives change over time.
Steve Widergren is an editor of IEEE’s Transactions on Power Systems and participates in standards efforts that bridge power engineering with power technology. He also is Principal Engineer for Pacific Northwest National Laboratory. Steve Widergren is the Smart Grid Interoperability Panel Plenary Chair for an effort started by National Institute of Standards and Technology (NIST) under the legislation of the Energy Independence and Security Act of 2007 (EISA). Under EISA, NIST was given the mandate to advance interoperability of Smart Grid devices and systems. In addition to working as a project manager at Pacific Northwest National Laboratory, he works with American Electric Power on the second largest Smart Grid demonstration project that was contracted under the American Recovery and Reinvestment Act of 2009 Legislation. For more information about PNNL's smart grid research, visit energyenvironment.pnnl.gov.
Koen Kok is a Senior Scientist in Intelligent Electricity Systems both at TNO, an applied research institute in The Netherlands, and at the Center for Electric Power and Energy (CEE) of the Danish Technical University DTU. He works on numerous EU and NL-national smart grid projects. He is a driving force behind The PowerMatcher, a technology that uses a transactive-energy approach to match demand and distributed generation.
Leigh Tesfatsion is Professor of Economics, Mathematics, and Electrical & Computer Engineering at Iowa State University. Her primary area of specialization is the development of agent-based test beds for the study of dynamic coupled natural and human systems, with a particular stress on electric power systems and transactive-energy issues related to demand response and standardized power-market contracts.
Publication Year: 2016
Earn 1 Professional Development Hour (PDH) for completing the webinar