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46 Smart Grid Conference 2014 (SGC’14) - Grid Renovation Workshop

Wholesale vs. Retail Transactive Techniques

(Continued)

• Lessons learned from bulk power operations and wholesale

energy markets can be applied to distributed resources,

demand response, retail markets, and distribution system

operations. These include:

– Scheduling and dispatch of demand-side resources with economic

and reliability based objectives

– Distribution congestion management and capacity reservations

– Distribution capacity auction to hedge against limited distribution

capacity

– Variable Generation balancing using demand-side resources –

scheduling and operational considerations

• Except for Energy, products transacted in wholesale markets

and used for bulk power operation do not have a corresponding

counterpart in retail markets and distribution operations

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SGC DSP Manual do Utilizador Página 43