Today I am restating some definitions of terms, reflecting how my own understanding has changed over time: Transactive Energy, Transactive Resource Management, Microgrids, Micromarkets, the Common Transactive Services, and Cyber-Physical Systems.
Read MoreMicrogrids and Distrib...
Spontaneous Order on a Continental Scale
A recent conversation about European power markets and some “glitches” in early June shown a light on profound issues in cybersecurity, in system architectures for big infrastructure, and to an extent the scalability problems with many of the hottest applications for the Internet of Things (IOT).
The specific observations was a plea for direct central control, even as it used an example that showed the shortcoming of infrastructure architecture based on assumptions of central control. It then learned the wrong lesson, that spontaneous order is too “risky” at large scale.
Read MoreESIF and Security at the Edge of Smart Grids
I attended the NREL ESIF Cybersecurity Workshop last month.
ESIF names the Energy Systems Integration Facility. The workshop demonstrated
both what should be done to secure future energy systems, and how difficult,
labor intensive, and non-scalable this is using standard practice.
Read MoreThe first morning showed off the ESIF’s model of how to secure the un-securable.
Architectural Principals of Transactive Energy
Transactive energy describes a pattern of integration where parties exchange the value or a commodity resource [power] over time and make forward commitments to sell or purchase that commodity. The Common Transactive Services (CTS) can be used in central auction-type systems, where a single entity announces or broadcasts prices or in markets were two or more parties come to a mutual agreement on price and delivery.
All forward transactions are committed, that is one party commits...