TE-SAT: Transactive Energy Simulation and Analysis Toolsuite

Himanshu Neema, Janos Sztipanovits, David J. Hess, Dasom Lee

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

Abstract

Transactive Energy (TE) is an emerging discipline that utilizes economic and control techniques for operating and managing the power grid effectively. Distributed Energy Resources (DERs) represent a fundamental shift away from traditionally centrally managed energy generation and storage to one that is rather distributed. However, integrating and managing DERs into the power grid is highly challenging owing to the TE implementation issues such as privacy, equity, efficiency, reliability, and security. The TE market structures allow utilities to transact (i.e., buy and sell) power services (production, distribution, and storage) from/to DER providers integrated as part of the grid. Flexible power pricing in TE enables power services transactions to dynamically adjust power generation and storage in a way that continuously balances power supply and demand as well as minimize cost of grid operations. Therefore, it has become important to analyze various market models utilized in different TE applications for their impact on above implementation issues.In this demo, we show-case the Transactive Energy Simulation and Analysis Toolsuite (TE-SAT) with its three publicly available design studios for experimenting with TE markets. All three design studios are built using metamodeling tool called the Web-based Graphical Modeling Environment (WebGME). Using a Git-like storage and tracking backend server, WebGME enables multi-user editing on models and experiments using simply a web-browser. This directly facilitates collaboration among different TE stakeholders for developing and analyzing grid operations and market models. Additionally, these design studios provide an integrated and scalable cloud backend for running corresponding simulation experiments.

Original languageEnglish
Title of host publication2020 IEEE Workshop on Design Automation for CPS and IoT (DESTION)
Place of PublicationPiscataway, NJ
PublisherIEEE
Pages19-20
Number of pages2
ISBN (Electronic)978-1-7281-9994-8
ISBN (Print)978-1-7281-9995-5
DOIs
Publication statusPublished - 2020
Externally publishedYes
Event2020 IEEE Workshop on Design Automation for CPS and IoT, DESTION 2020 - Sydney, Australia
Duration: 21 Apr 202021 Apr 2020

Conference

Conference2020 IEEE Workshop on Design Automation for CPS and IoT, DESTION 2020
Abbreviated titleDESTION
CountryAustralia
CitySydney
Period21/04/2021/04/20

Keywords

  • Co-simulation
  • Collaboration platform
  • Cyber-physical systems
  • Design studio
  • Global grid
  • Grid security
  • GridLAB-D
  • Modeling and simulation
  • Societal implications
  • Solar energy
  • Transactive energy

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