Rebuilding the Grid from the Ground up with Transactive Distributed Energy Resources

Explore the future of the U.S. power system as we discuss research aimed at transforming both community and C&I facilities into advanced microgrids capable of dynamic use case value prioritization both independently from and in cooperation with the broader grid. The methodology behind creating such microgrids involves utilizing innovative decentralized approaches to run optimal control logic at both individual sites and broader grid levels, continuously balancing objectives and constraints on an evolving Pareto optimal front and turning the systems into intelligent grid resources. Using such decentralized and distributed solutions results in a more transactive energy network, empowering all stakeholders to proactively participate at the distribution side of the grid while creating additional revenue streams and supporting overall stability, reliability, and sustainability both on-premises and system-wide.