Collaborative Energy, Transactive Energy, eCommerce, and the Smart Grid

When we effectively bring eCommerce and enterprise software technologies to the Smart Grid and Collaborative Energy (between smart grids, grid components, and responsive buildings/facilities), you get

  • Rapid innovation
  • Independent evolution of participating technologies
  • Solutions that scale
  • Protected business information while balancing supply and demand
  • High impact from proven, reliable technologies

We have been defining and working with Transactive Energy since 2009. With Transactive techniques, peers transact to buy and sell energy-related products such as demand and energy use.

We bring these business- and economic-grounded approaches to energy and facility interoperation and to markets.

Effective and flexible fault resilience and recovery is becoming more important as safety margins shrink and major storms affect energy infrastructre. In a series of papers we have shown that Microgrids are the fundamental structure of smart grids, and how to apply microgrids and flexible architectures to achieve automated fault resilience as well as Transactively operated microgrids.

William Cox has worked closely with participants in the NIST Smart Grid effort, the Electric Power Research Institute, the GridWise Architecture Council, OASIS, and the oBIX (Open Building Information Exchange) Technical Committee in OASIS, and many others to accelerate the Smart Grid. He has helped create three Smart Grid-related Technical Committees in OASIS producing standards that are now being considered by the IEC.

Please go to our Recent Updates page for our papers and presentations.

Service-Oriented Architectures provide a useful model for improving the effectiveness of enterprise interactions in the building and energy spaces. Toby Considine (a frequent collaborator) has written on Service-Oriented energy and buildings.

For devices, forward markets and clear communication of prices and energy characteristics (such as source or carbon information) are important. This applies from facilities (home, commercial building, industrial) to vehicles (the same issues apply to electric transportation) to Smart Grid-enabled appliances. We've done work in all of those areas.

Economic techniques including Transactive Energy can limit peak demand, reducing energy costs—peak energy is far more expensive than base energy. eCommerce techniques, including contracts and fine-grained security, are the keys to achieving responsive and finer-grained markets and load shaping.

Standardization of intelligent power and responsive building techniques requires expertise in enterprise architecture, economics, eCommerce, and buildings.

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