Smart Cities

Transactive Energy Markets will Drive Distributed Power

We have previously discussed how distributed power is gradually becoming a serious part of the new business model for Smart Grid and explored the reasons why common sense is now starting to change regulatory powers. We highlighted how in Germany the utilities are coming together with owners of distributed energy to invest in major distributed power schemes that will benefit all the stake holders and reduce CO2 emissions. Recently we have seen a lot of discussion on distributed energy in the US; taking into account how it would apply there given the differences in the structure of utility operations and the need to accommodate major swings in electrical demand. This includes “transactive energy” which roughly translates into interactive pricing through combining Smart Grid hardware and economic / time of use software now making real time pricing a possibility. As Kathleen Wolf-Davis, editor of Intelligent Utility puts it in her article http://www.intelligentutility.com/article/13/05/transactive-energy-isn-t-new-ability-make-it-work transactive energy markets can […]

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