Transactive Energy: Next Step in a New Energy Future? (Washington D.C. Meeting)

Thursday, February 20th, 2014, 9:30am - 12:00pm EST / Streamed Panel Discussion: 7:00am - 8:30am PST / 10:00am - 11:30am EST / 16:00 - 17:30 (Paris-Brussels)

Meeting in New York

 

This meeting will take place in Washington D.C.

 

Proliferation of physical infrastructure and data sources in the grid (distributed generation assets, microgrid systems, energy storage, demand response enabled smart meters and appliances, and more), has put pressure on the energy system to move away from a central utility or grid operator controlled model. Instead, focus has recently turned to “transactive energy”. Enabled by software, these interwoven and interconnected devices and systems would be parsed and managed by a flexible “free-market” based exchange which would not only account for physical assets but also be pegged to economic relations. In other words, it will entail “a set of economic and control mechanisms that allows the dynamic balance of supply and demand across the entire electrical infrastructure using value as a key operational parameter” (GridWise Architecture Council).

 

Defined as “a software-defined grid managed through market-based incentives to ensure grid reliability and resiliency,” a process that is “done with software applications that use economic signals and operational information to coordinate and manage devices' production and/or consumption of electricity in the grid,” transactive energy is the amalgamation of “technologies, policies and financial drivers in an active prosumer market where prosumers are buildings, EVs, microgrids, VPPs or other assets” (Smart Grid Dictionary). Though currently existing largely in theory and discussions, TE is poised to become a lynchpin concept in a new, distributed, and resilient energy model.

 

Given the breadth required by such a complex system of transactions, and its variable system sizes (a transactive energy system may exist within a smart building, campus, microgrid, or a larger grid), there are many pieces of the puzzle to be considered. For example, clear definition of key terms and concepts (e.g. “value”, which roughly equates to prices of generation, maintenance, operation etc.), is one such issue tackled by the GWAC’s recently released transactive energy framework. Transparent and comprehensive categorization will allow for a more integrated and better coordinated approach towards the commercialization of these technologies. GWAC also outlines the need for informational interoperability across the different parties and systems, as well as the “cyber-physical” infrastructure to realize such a complex system. This will require physical grids, wireless networks, data analytics and storage capabilities; whether current “soft grid” capacities can meet these requirements has yet to be fully flushed out.

 

In this meeting, experts will discuss the definition of transactive energy, a technological framework for the concept, and address some of the associated regulatory hurdles.

 

Speakers:

Rob Ruyak, Booz Allen Hamilton, Senior Associate, Strategic Innovations Group

Phil Davis, Schneider Electric, Senior Manager, Demand Response/ Smart Grid Resource Center

Paul Molitor, National Electrical Manufacturers Association (NEMA), Assistant Vice President

Doug Houseman, EnerNex, Vice President of Technical Innovation

Richard Walsh, Washington Gas Energy Services (WGES), Manager, Technical Energy Sales

John Marciano, Chadbourne & Parke, Partner (Moderator)

Event Brochure

Attendees list
64 people will attend this meeting, among them
Will attend in person Via streaming
MA DOER
Renewable Energy Project Coordinator
Solantro Semiconductor
Systems Architecture
Solantro Semiconductor
Systems Architecture
Solergy
CEO & Co-Founder
ABest Energy Power
VP
Energy Future Coalition
Senior Associate
Utilities Telecom Council
Director, Engineering and Standards
Deloitte
Analyst
TimberRock Energy Solutions
CEO
UN Foundation
Officer, Global Partnerships
Booz Allen Hamilton
Senior Renewable Energy Project Finance Advisor
TeMix Inc. & MegaWatt Storag
CEO
The Southern California Gas
Energy Efficiency Strategic Planning
Tyga-Box Systems
CEO & Co-Inventor
California Energy Commission
Policy and Planning Analyst
HELIO International
Directrice
City of Cambridge
Sustainability Planner
Cox Software Architects LLC
Principal
US EPA
Director, Clean Technology Initiatives
DC Government
Program Manager
Solar Grid Storage
CFO
General MicroGrids
Senior Vice President, Legal, Regulatory and Policy
Pew Clean Energy Program
Senior Associate
Meister Consultants Group
Research Fellow
MalekRemian
Managing Director
The Pew Charitable Trusts
Associate
PHIUS
Advisor
NIST
B2G project lead
Energetics Incorporated
Program Director
Technology Transition Corpor
Program Manager
UK Trade & Investment
BDA Energy/Environment, Creative and Digital Media
FERC
Economist
Alliance to Save Energy
Project Manager
The Selestos Group, Inc.
Principal
IEEE Spectrum
senior editor
Coergon
...
Johnson Controls
Executive Director, Institute for Building Efficiency
National Grid
Director of Market Strategy
EPA
Communications Director, Green Power Partnership
DNV KEMA
Microgrid Director
Healthy Planet Partners
VP Business Development
U.S. DOE
Senior Advisor, Renewable Energy
Energi Insurance Services
VP, Alternative Energy Solutions
Skanska
Vice President
OPC
Sr. Economist
PJM
Sr. Business Solutions Analyst
Third Mutual Laguna Woods Vi
Energy Committee Chair and Director
US EPA -- ENERGY STAR
National Program Manager, C&I Utility Partnerships
Pareto Energy
Director of Development
Consulting
Business Development
Virginia Tech
Research Fellow
Solar Energy Industries Asso
Director, State Affairs
National Renewable Energy La
Principal Project Lead - Energy Systems Integration
Booz Allen Hamilton
Senior Associate
Clean Currents
Senior Manager of Strategic Innovation
Booz Allen Hamilton
Senior Consultant
CPUC
Principal Analyst, Renewable Energy Market Reform
Verdant Power Inc.
CEO
New York Energy Policy Insti
Executive Director
Energy Future Coalition
Program Associate
CCAP
Climate Adaptation Policy Analyst
Booz Allen Hamilton
Lead Associate
ScottMadden, Inc.
Practice Lead, Clean Tech & Sustainability
Bywater Partners LLC
Partner
See the report & presentations
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Speakers
Rob Ruyak
Booz Allen Hamilton
Senior Associate
Phil Davis
Schneider Electric
Senior Manager, Demand Response Resource Center
Paul Molitor
National Electrical Manufacturers Association
Assistant Vice President
Richard Walsh
WGES
Manager, Technical Energy Sales
John Marciano
Chadbourne & Parke
Partner