This study presents an open-source software platform specifically tailored to permit careful dynamic performance evaluation of transactive energy designs for end-to-end electric power systems. The platform models a centrally-managed wholesale power market operating over a transmission grid linked to one or more distribution systems, where each distribution system consists of a collection of grid-edge resources operating over a distribution grid. Test case findings are presented to illustrate the capabilities of the platform. The test cases implement a transmission system linked to a distribution system populated by households that have smart price-responsive appliances as well as conventional loads. Transactions at the distribution level are conducted in accordance with a well-known bid-based transactive energy design known as the PowerMatcher.
AbstractThis study presents an open-source software platform specifically tailored to permit careful dynamic performance evaluation of transactive energy designs for end-to-end electric power systems. The platform models a centrallymanaged wholesale power market operating over a transmission grid linked to one or more distribution systems, where each distribution system consists of a collection of grid-edge resources operating over a distribution grid. Test case findings are presented to illustrate the capabilities of the platform. The test cases implement a transmission system linked to a distribution system populated by households that have smart price-responsive appliances as well as conventional loads. Transactions at the distribution level are conducted in accordance with a well-known bid-based transactive energy design known as the PowerMatcher.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.