What Is Transactive Energy?

Over the past two years, the GridWise® Architecture Council has been developing a body of knowledge aimed at addressing one of the major challenges to the electrical system. Traditionally, power system operations have been centrally managed with a focus on maintaining adequate capacity, power and …

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Transactive Control and its Role in Optimizing Grid Performance

The Pacific Northwest Smart Grid Demonstration Project (PNW-SGDP) is implementing a leading-edge technology it calls “transactive control” that is considered a specific instantiation of a GridWise Architecture Council Transactive Energy architecture. The intent of transactive control is to standardize a scalable, distributed mechanism for exchanging …

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