Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 666-679 |
| Journal | Applied Energy |
| Volume | 240 |
| State | Published - 2019 |