By - Jon Brown

Transactive Energy Fundamentals
June 23-24, 2016 | San Diego, CA

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Overview

The electric industry landscape is undergoing significant changes due to advances in technology, increased use of intermittent renewable resources at both the bulk power and distribution levels, and increased participation of consumers/prosumers in power system operations. The salient features of the emerging electricity systems and energy markets include bidirectional flow of energy, information, and money to and from the consumer/prosumer premises and across the distribution grid. This leads to the a new paradigm to accommodate multi-lateral Transactive exchanges including new products and services at wholesale and retail levels and new distribution operation structures, procedures and tools.

The emerging Transactive Energy paradigm provides a framework to address these challenges. It expands the transactive paradigm established in mid-nineties for wholesale markets into the retail domain, with consumers/prosumers and the end-use intelligent devices and platforms as transactive counterparties. In this emerging construct Transactive commodities need not be limited to energy, but may also include energy derivatives, e.g., ancillary services, as well as transport rights similar to their wholesale counterparts. Transactions may take place among prosumers, between prosumers and distribution operations/retail market operator, through the distribution utility to bulk power system operation or wholesale markets, as well as among distribution utilities and bulk power markets.

The mechanisms for accommodating retail level transactions in the face of distribution system constraints may be based on implicit economic values expressed in bids and offers from transactive parties, priorities established by the distribution system operator based on operating guidelines, or a combination.

This course covers the drivers and fundamentals of Transactive Energy and provides the framework and tools for using it for the mutual benefit of consumers and system operations.

Who should attend?

  • Prosumers and grid-edge service and system providers
  • Micro-grid operators
  • Intelligent device and system integrators
  • Engineers, managers, and policy analysts from the utility industry
  • Facility managers and electrical engineers for corporate, academic, or residential campuses
  • State regulators and staff
  • County and municipal officials
  • Distributed generation industry
  • Combined heat and power industry
  • Renewable energy suppliers
  • Researchers and academics
  • Hardware suppliers, advanced metering vendors, software vendors, construction firms

Learning Outcomes

  • Discuss the changing regulatory and technological changes in the electric industry and how renewables and prosumers are affecting these changes
  • Review the transactive energy framework and Transactive Control
  • Identify the similarities and differences between wholesale and grid-edge systems
  • Review price mechanisms for reliable grid operation
  • Discuss use cases of transactive energy

Agenda

Thursday, June 23, 2016

8:00 – 830 a.m. :: Registration and Continental Breakfast

8:30 a.m. – 5:00 p.m. :: Course Timing

12:00 – 1:00 p.m. :: Group Luncheon

Session 1: Background

Changing Electric Industry Landscape

  • Regulatory: Proliferation of renewable resources (Federal Clean power Plan and State RPS)
  • Technology: Intelligent devices and systems; Increased distributed generation; increased prosumer participation
  • Utility/Distribution operations: Changing business model and dealing with operational issues
  • Bulk Power/ Market operations: Need for increased services from demand-side and distributed assets

Emerging Solutions (Introduction):

  • Transactive Energy Systems
  • New Distribution Operator Construct (DSO) and Distributed Systems Platform (DSP)
Session 2 Transactive Energy Systems Fundamentals

Transactive Energy Framework

  • TE Definition
  • TE Principles
  • TE Attributes
  • TE Systems Architectural Considerations

TE Systems

  • TE Systems Architectural Considerations
  • TE System Definition and Deployment Considerations
  • Transactive Control and Coordination
Session 3: End-to-End Transactive System Operation
  • Similarities and Differences between Wholesale and Grid-Edge Transactive Systems
  • Transmission/Distribution Interface and the DSO/DSP Constructs
Session 4: Value-based Transactive Exchange Mechanisms (Farrokh Rahimi, OATI)

Pricing Mechanisms:

  • Prices to devices
  • Single buyer Auctions
  • Double-sided Auctions

Dispatch vs Price mechanisms for reliable grid operation

  • Priority-based dispatch for grid reliability
  • Incentive compatible price-based dispatch

DAY 2 AGENDA

Friday, June 24, 2016

8:00 – 830 a.m. :: Continental Breakfast

8:30 a.m. – 12:00 p.m. :: Course Timing

Session 5: Prosumer and Long-term Value Signals
  • Prosumer to Grid Transactive Exchanges
  • Incentive mechanisms for DER investments: Long-term Distribution Locational Marginal Prices (DLMPs)
Session 6: Illustrative Use Cases
  • PNW TE Project
  • New York REV and CA DSO structures
  • Building to Grid Services
  • Provision of Grid Services from Distributed Assets

Instructors

Farrokh Rahimi, Senior Vice President, Market Design & Consulting, OATI

Farrokh Rahimi has a Ph.D. in Electrical Engineering from Massachusetts Institute of Technology (MIT) and over 40 years of experience in the electric power industry. In his current role as Senior Vice President, Market Design and Consulting at Open Access Technology International, Inc. (OATI), Dr. Rahimi oversees development of market design and consulting activities, and is also a key contributor to OATI Smart Grid product development. Dr. Rahimi has made pioneering contributions to the energy market design and monitoring topics and emerging Smart Grid initiatives, including the new Distribution System Operator (DSO) and Transactive Energy (TE) constructs. He has published extensively and organized conferences, tutorials, and panel sessions on these topics, and participated as panelist and contributor at numerous conferences including IEEE, ISGT, and GWAC meetings. He is a member of a number of Smart Grid task forces and committees collaborating with GWAC, IEEE, NERC, NAESB, WECC, and IRC among others.

Lorenzo Kristov, Principal, Market and Infrastructure Policy, California ISO

Lorenzo Kristov is Principal, Market and Infrastructure Policy at the California ISO. For most of the 2000s he was a lead designer of the locational marginal pricing-based market structure the CAISO implemented in 2009. He later led initiatives to redesign the transmission planning process and the new generator interconnection process to accommodate rapid growth of renewable energy projects triggered by California’s renewable portfolio standards. Since then he has focused on integrating distributed energy resources into CAISO markets, grid operations and planning. He has written articles and given numerous presentations on electric system evolution, alternative distribution system operator (DSO) models for structuring transmission-distribution interface coordination, and grid architecture considerations for a more decentralized electric system. He has been leading CAISO’s engagement in CPUC proceedings that deal with growth of distributed energy resources, and participates for CAISO in national forums on electric system evolution and architecture.

During the industry restructuring of the 1990s he worked at the California Energy Commission in collaboration with the CPUC and stakeholders to develop the rules for retail direct access. In 1993-4 he was a Fulbright Scholar in Indonesia working on a commercial and regulatory framework for direct foreign investment in power generation. He has a B.S. in mathematics from Manhattan College, an M.S. in statistics from North Carolina State University, and a Ph.D. in economics from the University of California at Davis.

 

Ron Melton, Director, Pacific Northwest Smart Grid Demonstration Project, Pacific Northwest National Laboratory

Dr. Melton is the administrator of the GridWise® Architecture Council, manager of the US Department of Energy’s Advanced Distribution Systems Management project and a senior technical leader for smart grid research anddevelopment projects. He was the director of the Pacific Northwest Smart Grid Demonstration project that concluded in June 2015. He has over 30 years of experience applying computer technology to a variety of engineering and scientific problems. In addition to smart grid related projects, recent experience includes research and engineering in cyber security for critical infrastructure protection and process control system security. Dr. Melton is a Senior Member of the Institute of Electrical and Electronics Engineers and a Senior Member of the Association for Computing Machinery.

Dr. Ali Ipakchi, Vice President – Smart Grid and Green Power, Open Access Technology International, Inc. (OATI)

Dr. Ali Ipakchi is Vice President of Smart Grid and Green Power at Open Access Technology International, Inc. (OATI).  He leads the firm’s business growth in these emerging markets.  Prior to joining OATI, Dr. Ipakchi held various executive positions at KEMA Consulting and at leading Transmission and Distribution systems vendors, and has been assisting utility clients with technology and business strategies, directing new business initiatives, and leading development and delivery of software products and services. Dr. Ipakchi brings 30 years of experience in the power industry with a successful track record of business and technology innovation. He has been an active participant in utility industry initiatives including Smart Grid.

Location

SpringHill Suites San Diego Downtown/Bayfront
900 Bafront Ct
San Diego, CA 92101

To reserve your room, please call 1-619-831-0224
Please indicate that you are with the EUCI group to receive the group rate.

ROOM RATE:

The room rate is $209.00 single or double plus applicable taxes

ROOM BLOCK DATES:

A room block has been reserved for the nights of June 22 – 23, 2016.

RATE AVAILABLE UNTIL:

Make your reservations prior to May 22, 2016. There are a limited number of rooms available at the conference rate. Please make your reservations early.

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