A society of devices: integrating intelligent distributed resources with transactive energy

K. Kok, Steve Widergren

Research output: Contribution to journalArticleAcademicpeer-review

143 Citations (Scopus)

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
Article number7452756
Pages (from-to)34-45
Number of pages12
JournalIEEE Power and Energy Magazine
Volume14
Issue number3
DOIs
Publication statusPublished - 2016
Externally publishedYes

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