Visible to the public Introduction to Transactive EnergyConflict Detection Enabled

Introduction to Transactive Energy
Prepared by David J. Hess and Magdalena Sudibjo, Sociology Department and VIEEE, Vanderbilt University

Slides | Lecture Video
Abstract: The lecture provides a brief introduction to the electricity system and restructuring in the U.S., including wholesale and retail competition, load balancing authorities, and electricity load management. The transition of the electricity system is described, with an explanation of the change from the twentieth-century model of a centralized, one-way transmission of power based on stable baseload generation to the twenty-first century model of two-way transmission with distributed energy resources. Various types of transactive energy are reviewed, then a more detailed discussion is provided of two types where there is a substantial consumer interface: distributed energy resources and microgrids, and smart meters. A summary of some of Hess's research on public rejection of smart meters is given as an example of how a backlash can emerge when public perceptions and ELSI issues are ignored.

Outline:

  1. Assigned Readings (download)
  2. Transactive Energy
    1. General background studies and social science
    2. Law and policy studies
    3. Sample policy documents
    4. Technology References

I. Assigned Readings

II. Transactive Energy

A. General Background Studies and Social Science

B. Law and Policy Papers

C. Sample Policy Documents

D. Technology References