This post is part of the continuing Paths to Transactive Energy series. You can find them all listed by clicking on the matching metatag at the bottom of each post.
The Common Transactive Services (CTS) simplify integration of a facility into the grid, managing the interactions between facilities and the larger market. CTS can work within a Facility, using the market to smooth and shape the external load curve. This potentially reduces the integration costs of bringing new equipment and technology into a facility that is participating in larger markets.
In proposed regulation on Distributed Energy Resource Aggregates (DERA), directs each state to promulgate rules to allow DERAs full participation in power markets. But what does this mean? One came easily manage the market within the distribution loop, driven by the LMP, and residing under a single injection point from Transmission to Distribution, but what does this mean? We are all waiting for the regulators in each state to tell us.
The Common Transactive Services were defined in the OASIS Energy Interoperation Technical Committee.
There are numerous groups studying the internal market design for agent-based markets, including market rules, and anti-gaming, and … The CTS messages include the means to advertise parameterized market rules for machine understanding. The rule set was defined so as to be extensible. New rules and new rule types is the portion of the CTS most likely to see change.