About 11 years ago, the U.S. Department of Energy (DOE) funded the Pacific Northwest National Laboratory (PNNL) to conduct one of the first-ever field demonstrations of what later became called a transactive system. Transactive systems have since become important tools in the DOE’s research efforts to modernize the U.S. electric power grid and conserve energy in U.S. buildings. The DOE currently funds fundamental and applied research to advance transactive system technologies, including their simulation, standardization, theoretical principles, valuation, demonstration, and automation. This article will discuss both the historical and recent DOE research and development activities in this topic area, including especially a recent PNNL report concerning the valuation of transactive systems.
Revised: February 20, 2018 |
Published: December 1, 2016
Citation
Hammerstrom D.J., S.E. Widergren, and C. Irwin. 2016.Evaluating Transactive Systems: Historical and Current U.S. DOE Research and Development Activities.IEEE Electrification Magazine 4, no. 4:30-36.PNNL-SA-120597.doi:10.1109/MELE.2016.2628259