Biblio

Transactive Energy (TE) is an emerging discipline that utilizes economic and control techniques for operating and managing the power grid effectively. Distributed Energy Resources (DERs) represent a fundamental shift away from traditionally centrally managed energy generation and storage to one that is rather distributed. However, integrating and managing DERs into the power grid is highly challenging owing to the TE implementation issues such as privacy, equity, efficiency, reliability, and security. The TE market structures allow utilities to transact (i.e., buy and sell) power services (production, distribution, and storage) from/to DER providers integrated as part of the grid. Flexible power pricing in TE enables power services transactions to dynamically adjust power generation and storage in a way that continuously balances power supply and demand as well as minimize cost of grid operations. Therefore, it has become important to analyze various market models utilized in different TE applications for their impact on above implementation issues.In this demo, we show-case the Transactive Energy Simulation and Analysis Toolsuite (TE-SAT) with its three publicly available design studios for experimenting with TE markets. All three design studios are built using metamodeling tool called the Web-based Graphical Modeling Environment (WebGME). Using a Git-like storage and tracking backend server, WebGME enables multi-user editing on models and experiments using simply a web-browser. This directly facilitates collaboration among different TE stakeholders for developing and analyzing grid operations and market models. Additionally, these design studios provide an integrated and scalable cloud backend for running corresponding simulation experiments.

Today's smart-grids have seen a clear rise in new ways of energy generation, transmission, and storage. This has not only introduced a huge degree of variability, but also a continual shift away from traditionally centralized generation and storage to distributed energy resources (DERs). In addition, the distributed sensors, energy generators and storage devices, and networking have led to a huge increase in attack vectors that make the grid vulnerable to a variety of attacks. The interconnection between computational and physical components through a largely open, IP-based communication network enables an attacker to cause physical damage through remote cyber-attacks or attack on software-controlled grid operations via physical- or cyber-attacks. Transactive Energy (TE) is an emerging approach for managing increasing DERs in the smart-grids through economic and control techniques. Transactive Smart-Grids use the TE approach to improve grid reliability and efficiency. However, skepticism remains in their full-scale viability for ensuring grid reliability. In addition, different TE approaches, in specific situations, can lead to very different outcomes in grid operations. In this paper, we present a comprehensive web-based platform for evaluating resilience of smart-grids against a variety of cyber- and physical-attacks and evaluating impact of various TE approaches on grid performance. We also provide several case-studies demonstrating evaluation of TE approaches as well as grid resilience against cyber and physical attacks.