Panel Session: Local Markets in the Emerging Self Driving Grid (slides)
F. Albuyeh, R. Melton, L. Kristov, M. Shahidehpour
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PES
IEEE Members: $10.00
Non-members: $20.00Pages/Slides: 66
The proliferation of Distributed Energy Resources (DERs) is perceived by some as a challenge for reliable grid operation, and by others as a win-win opportunity for improved grid reliability and resilience, as well as beneficial outcomes for prosumers and passive consumers. A combination of regulator provisions, grid architectural changes, and market design frameworks can swing the pendulum in one direction or the other.
This panel session will address these factors, the current possibilities ad impediments, and the roadmap that could lead to a win-win outcome for all stakeholders. The panel will particularly address the design of local transactive markets for grid-edge participation, along with illustrative examples. Interactions with bulk power markets at the seams will also be addressed as the electricity grid moves towards increased levels of automation.
The following topics will be covered:
- The changing electricity landscape and impacts of proliferation of DERs
- Current regulatory landscape impeding or enhancing DER utilization
- Grid architectural principles for a high DER grid
- Local transactive markets for DERs
- Illustrative Use Case: Transactive Local market for Electric Vehicle Charging Stations (EVCS)
This panel session will address these factors, the current possibilities ad impediments, and the roadmap that could lead to a win-win outcome for all stakeholders. The panel will particularly address the design of local transactive markets for grid-edge participation, along with illustrative examples. Interactions with bulk power markets at the seams will also be addressed as the electricity grid moves towards increased levels of automation.
The following topics will be covered:
- The changing electricity landscape and impacts of proliferation of DERs
- Current regulatory landscape impeding or enhancing DER utilization
- Grid architectural principles for a high DER grid
- Local transactive markets for DERs
- Illustrative Use Case: Transactive Local market for Electric Vehicle Charging Stations (EVCS)
Chairs:
Farrokh Rahimi