Smart Energy

Today's Power Markets are Too Big

in , , ,

The span of power markets today is too big. Market participation by net metering applying tariffs across a whole region makes no sense if power from the seller cannot physically get to the would-be buyer. Power markets are intrinsically local. Atop this, one must factor in the line loss transforming up from the local small-scale prosumer

For such local markets, there needs to be some equivalence of market participant scale…

Read More

Spontaneous Order on a Continental Scale

in , , , , , , , ,
A recent conversation about European power markets and some “glitches” in early June shown a light on profound issues in cybersecurity, in system architectures for big infrastructure, and to an extent the scalability problems with many of the hottest applications for the Internet of Things (IOT). The specific observations was a plea for direct central control, even as it used an example that showed the shortcoming of infrastructure architecture based on assumptions of central control. It then learned the wrong lesson, that spontaneous order is too “risky” at large scale.
Read More

Profiles for the Economic Actors in Distributed Energy

in , , , ,

As this series continues its survey of Transactive Energy, we get, at last to what I see are the essential agent personalities. The Agent Personalities are a mid-level abstraction that makes it easier for the appliance supplier and the EMS/BMS maker to know what is being attached. Every appliance at the local store could be a pluripotent transactive agent, but this does not aid the brain-developer in understanding what you just bought. A wine cellar may not be on the list of known appliances, but it is useful to know that it is similar to the refrigerator and to an air conditioner in how it approaches... Read More

Profiling Economic Actors for Transactive Energy

in , , ,
p>The communications defined in the common transactive services (CTS) can be used by every actor in transactive energy.

The needs of particular environments may require an actor to use different communications profiles. Security needs will be different for different environments. Security standards will change over time. Actors that participate only in small non-critical negotiations where both parties share a common owner may opt for lighter-weight standards to record transactions. These communications requirements will be expressed as profiles. These communications profiles will change over time without changing the fundamental information exchange between each actor.

There is profiling along a different dimension, profiling systems as economic actors

Read More