GridWise Transactive Energy Framework (V.1.1)
Ronald B. Melton, USDOE Office of Energy Efficiency and Renewable Energy (EERE) · 2019
The GridWise Architecture Council was formed by the U.S. Department of Energy to promote and enable interoperability among the many entities that interact with the electric power system.This balanced team of industry representatives proposes principles for the development of interoperability concepts and standards.The Council provides industry guidance and tools that make it an available resource for smart grid implementations.In the spirit of advancing interoperability of an ecosystem of smart grid devices and systems, this document presents a Transactive Energy framework to provide the context for identifying and discussing development and application of this technology.You are expected to have a good understanding of interoperability, familiarity with the GWAC Interoperability Context-Setting Framework, and knowledge of energy markets and their business models.Those without this technical background should read the Executive Summary for a description of the purpose and contents of the document.Other documents, such as checklists, guides, and whitepapers, exist for targeted purposes and audiences.Please see the www.gridwiseac.orgwebsite for more products of the Council that may be of interest to you.