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Opening Up Transactive Systems: Introducing TESS and Specification in a Field Deployment

Author

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  • Marie-Louise Arlt

    (Seminar für Komparative Wirtschaftsforschung, Ludwig Maximilians University Munich, D-80539 Munich, Germany
    These authors contributed equally to this work.)

  • David P. Chassin

    (Seminar für Komparative Wirtschaftsforschung, Ludwig Maximilians University Munich, D-80539 Munich, Germany
    SLAC National Accelerator Laboratory, Menlo Park, CA 94025, USA
    These authors contributed equally to this work.)

  • L. Lynne Kiesling

    (College of Engineering, Design & Computing, University of Colorado-Denver, Denver, CO 80204, USA)

Abstract

Transactive energy systems (TS) use automated device bidding to access (residential) demand flexibility and coordinate supply and demand on the distribution system level through market processes. In this work, we present TESS, a modularized platform for the implementation of TS, which enables the deployment of adjusted market mechanisms, economic bidding, and the potential entry of third parties. TESS thereby opens up current integrated closed-system TS, allows for the better adaptation of TS to power systems with high shares of renewable energies, and lays the foundations for a smart grid with a variety of stakeholders. Furthermore, despite positive experiences in various pilot projects, one hurdle in introducing TS is their integration with existing tariff structures and (legal) requirements. In this paper, we therefore describe TESS as we have modified it for a field implementation within the service territory of Holy Cross Energy in Colorado. Importantly, our specification addresses challenges of implementing TS in existing electric retail systems, for instance, the design of bidding strategies when a (non-transactive) tariff system is already in place. We conclude with a general discussion of the challenges associated with “brownfield” implementation of TS, such as incentive problems of baseline approaches or long-term efficiency.

Suggested Citation

  • Marie-Louise Arlt & David P. Chassin & L. Lynne Kiesling, 2021. "Opening Up Transactive Systems: Introducing TESS and Specification in a Field Deployment," Energies, MDPI, vol. 14(13), pages 1-22, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:13:p:3970-:d:587203
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    References listed on IDEAS

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    1. Ableitner, Liliane & Tiefenbeck, Verena & Meeuw, Arne & Wörner, Anselma & Fleisch, Elgar & Wortmann, Felix, 2020. "User behavior in a real-world peer-to-peer electricity market," Applied Energy, Elsevier, vol. 270(C).
    2. Sousa, Tiago & Soares, Tiago & Pinson, Pierre & Moret, Fabio & Baroche, Thomas & Sorin, Etienne, 2019. "Peer-to-peer and community-based markets: A comprehensive review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 104(C), pages 367-378.
    3. Mengelkamp, Esther & Gärttner, Johannes & Rock, Kerstin & Kessler, Scott & Orsini, Lawrence & Weinhardt, Christof, 2018. "Designing microgrid energy markets," Applied Energy, Elsevier, vol. 210(C), pages 870-880.
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    Cited by:

    1. Lynne L. Kiesling & Leonardo Meeus & Michael G. Pollitt, 2021. "Special Issue “Innovation, Policy, and Regulation in Electricity Markets”," Energies, MDPI, vol. 14(19), pages 1-4, September.
    2. Charbonnier, Flora & Morstyn, Thomas & McCulloch, Malcolm D., 2022. "Coordination of resources at the edge of the electricity grid: Systematic review and taxonomy," Applied Energy, Elsevier, vol. 318(C).
    3. Alexander Theisen & Lynne Kiesling & Michael Munger, 2022. "From Airbnb to solar: electricity market platforms as local sharing economies," Public Choice, Springer, vol. 193(3), pages 141-162, December.

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