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Smart Grid Con
ference
2014 (SGC’14
)
- Grid Reno
vation Wo
rkshop
TIS-TF
S Illus
tr
ation
t = 0
t = 0
t = 72hrs
t = 72hrs
TIS
TFS
1
2
...
43
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52
The Grid of the Future
1
Farrokh Rahimi, Ph.D
1
• Overall Description
2
• Implementation
2
ISO and Wholesale
4
Markets
4
Bulk Power Operation
4
Distribution System
4
Customers
4
©2014 OATI, Inc
5
Net Benefit Test
7
On-peak NBT
8
Threshold: $56.63
8
Off-peak NBT
8
Threshold: $57.42
8
Threshold: $79.43
9
Threshold: $80.26
9
Price Threshold ($/MWh)
10
Impact of FERC Order 745
11
Product Differentiation
12
Demand-Side Programs
13
Capacity
14
Flexibility Reserves
14
American ISO Markets
15
DSO/DSP Construct
16
– Phase unbalance impacts
17
Available DR
18
• Use Case:
19
Resource Operations
20
DSO Construct
21
DSO Construct (Continued)
22
Different DSO Models
23
Balancing Authority
24
Functionality Timeline
25
Illustrative Example
26
Distribution Congestion
30
DSO Application Requirements
33
Process started mid-2014)
34
(Process started
34
Customer Service
35
• Forecast is for a hot day
37
CSP Offer:
38
Challenges and Opportunities
39
Transactive Energy Paradigm
40
Transactive Energy
41
– Bidding and Scheduling
42
– Congestion management
42
(Continued)
43
• Transactive Control
44
• Transactive node
44
Transactive Nodes
45
An Incentive Signal
46
A Feedback Signal
47
TIS-TFS Illustration
48
Demand Curve
49
Node Supply
50
Concluding Remarks
51
QUESTIONS
52
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