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Transforming the future of energy: How to make every household the protagonist of electricity trading?
In today's rapidly changing energy and power markets, transactive energy has become a concept that has attracted much attention. It aims to improve the efficiency and reliability of power systems through economic and control technologies. This is not just a technology, but also a concrete manifestation of future smart energy. As every household gradually becomes a participant in electricity trading, how will this change our lifestyle?
The significance of energy transformation
Transition Energy promotes a network environment of decentralized energy nodes, replacing the traditional hierarchical grid structure.
In this new type of electricity trading, all energy generation and consumption levels can interact with each other, and this interactivity is called interoperability. Interoperability refers to the ability for related systems to connect and exchange energy information while maintaining workflow and utility constraints. All this makes the demand-side management of the power grid more complicated. Compared with the few power plant control points on the supply side, there are millions of control points on the demand side.
European Efforts
Energy Flexibility Platform and Interface (EF-Pi)
EF-Pi aims to decouple smart grid services from customer devices, opening up the market and empowering users with choice.
The Energy Flexibility Platform and Interface (EF-Pi) aims to give users greater freedom to exploit their smart devices without losing control of them. EF-Pi is an open source software platform running on low-power hardware. Through its user-friendly interface, users can configure and control devices in their home and gain insights into their operating status. At the heart of EF-Pi is the Energy Flexibility Interface (EFI), a common interface that enables device manufacturers to describe the energy flexibility of their devices and smart grid service providers to describe how to exploit this flexibility.
American Efforts
Pacific Northwest Demonstration Project
Completed in 2015, this project explored the application of transition energy concepts at a regional level and demonstrated their technical effectiveness.
The Pacific Northwest Demonstration Project is a five-year research project funded by the U.S. Department of Energy and involves 11 utilities and technology companies in Washington, Oregon, Idaho, Montana and Wyoming. . The project evaluated 55 technologies, including smart meters, advanced energy storage and voltage control, and tested the potential benefits of transformational control in regional power grids. Transformative control technologies enable automated electronic transactions between energy suppliers and users, providing timely updated signals about electricity prices and availability. The results of this project highlight the importance of customer participation in smart grid deployment.
GridSMART Demonstration Project
AEP Ohio's gridSMART demonstration project tested a variety of smart grid technologies and emphasized the importance of customer feedback.
From 2009 to 2013, AEP Ohio implemented the gridSMART demonstration project, which was designed to test local smart grid technologies, including smart meters and distribution automation. The eView device developed in the project helps users monitor electricity usage and costs, and is expected to provide more information to customers. The project results show that customer experience and feedback are important guides for advancing smart grids and their technology next steps.
NIST Transformative Energy Challenge
The NIST Transitional Energy Challenge fosters collaboration between researchers and industry to advance the development of simulation and modeling tools.
NIST's Transitional Energy Challenge aims to bring together researchers, companies, utilities and other stakeholders to explore modeling and simulation platforms for transitional energy and promote technologies that can be applied to real-world problems. Participants explored TE implementation through different pathways, including business/regulatory models, etc. During this challenge, different teams will share data and knowledge to advance the development of transformative energy.
Lack of standards
There are currently no global standards to promote the development of transition energy, but IEEE is actively developing guidelines.
Although the US IEEE is carrying out the P825 working group to develop relevant standards for transitional energy, there is no universal standard in the world to unify the development of this field. However, these efforts are moving towards making households the protagonists of energy production and trading.
As these technologies emerge like mushrooms after rain, every household in the future will be able to participate in electricity trading, changing our energy consumption patterns and methods. Are you ready to be part of this energy revolution?
