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Transactive Energy

This book is about applying fundamental business concepts to move our electric power markets to a new paradigm. The heart of the new paradigm is the use of forward and spot transactions to manage risk, and guide investment and operating decisions. Our current business model is regulated cost-of-service and centralized resource optimization. This century-old centralized system is rapidly moving to a decentralized energy ecosystem. The evolution is driven by technology and the need to wean ourselves off of fossil fuels.


Details and Features:

AUTHORS: STEPHEN BARRAGER, PH.D and EDWARD CAZALET

ISBN: 978-0-910325-38-7
7 x 10 inches
Soft cover
216 pages
(c) 2016


Table of Contents:

PREFACE
Chapter One:
INTRODUCTION
Chapter Two: The Transactive Energy Vision
SECTION 1: Background
SECTION 2: The Process: Tenders, Transactions, and Deliveries
SECTION 3: Forward and spot transactions
SECTION 4: Transport
Chapter Three: The Three Pillars: Systems, Connection, and Protocols
SECTION 1: Transactive Energy Systems
SECTION 2: Connection
SECTION 3: Protocols
Chapter Four: The Challenges and Opportunities We Face
SECTION 1: Integrating Wind and Solar
SECTION 2: Integrating Storage
SECTION 3: Integrating Homes and Commercial Buildings
SECTION 4: Integrating Decentralized Energy Resources (DER’s)
SECTION 5: Integrating Microgrids
SECTION 6: Integrating the Electric Vehicle
SECTION 7: Maintaining Reliability
Chapter Five: Why Transactive Energy?
SECTION 1: Improving Efficiency
SECTION 2: More Innovation
SECTION 3: More Fair
SECTION 4: More Transparent
Chapter Six: How Do We Get There From Here?
SECTION 1: Legislative Decisions
SECTION 2: Stakeholder Impacts
SECTION 3: Roadmap
SECTION 4: Stewardship Board
Chapter Seven:
Our Basis for Writing This Book
GLOSSARY

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