The simulation and evaluation of transactive systems depends to a large extent on the context in which those efforts are performed. Assumptions regarding the composition of the electric power system, the regulatory and policy environment, the distribution of renewable and other distributed energy resources (DERs), technological advances, and consumer engagement all contribute to, and affect, the evaluation of any given transactive system, regardless of its design. It is our position that the assumptions made about the state of the future power grid will determine, to some extent, the systems ultimately deployed, and that the transactive system itself may play an important role in the evolution of the power system.
Revised: March 15, 2018 |
Published: March 6, 2018