Panels

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Transactive energy systems with a focus on the ongoing transformation to a participatory grid, including the following topical categories:

• Drivers of Change – Profound changes to our energy system are being driven by decarbonization, distributed systems, expansion of distributed energy resources, the advancement of related technologies, and now a global pandemic.  What are primary drivers of change and where will they impact the future of an integrated grid at all scales? How big will the transformation be in the near and long term?
• Business Models and Value Realization– What does it take to create value for participants? How do different systems assign risk, cost and value to stakeholders? What do our transactive energy systems incentivize? Where should the focus be for the next transactive system implementations?
• Visions for Participation – A future grid will have many transactive systems and may include buildings, microgrids, campuses, smart cities and active residential participation. What models for participation will be possible and necessary?
• Regulation and Policy– How do legislation and regulation support or limit transactive energy implementations today? What’s working well? What changes are needed and what should the industry do to encourage alignment of policy and regulatory measures to create a more flexible and interactive grid?
• System Design and Architecture – What steps are needed to support the transition from a centralized to a decentralized grid based on highly coordinated self-optimization? How does the electric grid integrate with other infrastructures like water and gas through smart buildings and smart cities? How can Grid Architecture accelerate pragmatic action?
• Resilience – Some qualities of the power system by their nature improve the resilience of the system, and these qualities may be provided by transactive or non-transactive systems. What resilience benefits can a flexible and adaptive grid provide by incorporating transactive systems?
• System Implementation Strategies and Examples – In recent years, a number of states, municipalities, utilities, NGO’s and corporations have engaged in putting transactive energy theory into practice around the globe. This topic will revisit some of these implementations, the lessons learned, and discuss the interdependence of the electric grid and the communication networks that are necessary to monitor and coordinate actions on the grid and how to build explicit, well-defined, trust models that define identity, authentication, service-level agreements, and privacy into TE systems.