A review of transactive energy systems: Concept and implementation

Transactive energy is an effective way to share and trade energy among peers. A transactive energy framework is composed of several integrated blocks such as an energy market, service providers, generation companies, transmission and distribution networks, prosumers, etc. The success of such a frame...

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Autores principales:	Qi Huang, Waqas Amin, Khalid Umer, Hoay Beng Gooi, Foo Yi Shyh Eddy, Muhammad Afzal, Mahnoor Shahzadi, Abdullah Aman Khan, Syed Adrees Ahmad
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Transactive energy Peer-to-peer Energy market Prosumers Blockchain Transmission and distribution Electrical engineering. Electronics. Nuclear engineering TK1-9971
Acceso en línea:	https://doaj.org/article/6dde633ba6e74efba03decd6ed99a90f
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spelling	oai:doaj.org-article:6dde633ba6e74efba03decd6ed99a90f2021-11-26T04:31:55ZA review of transactive energy systems: Concept and implementation2352-484710.1016/j.egyr.2021.05.037https://doaj.org/article/6dde633ba6e74efba03decd6ed99a90f2021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2352484721003164https://doaj.org/toc/2352-4847Transactive energy is an effective way to share and trade energy among peers. A transactive energy framework is composed of several integrated blocks such as an energy market, service providers, generation companies, transmission and distribution networks, prosumers, etc. The success of such a framework can be measured by analyzing the effectiveness of its major building blocks. This paper provides a basic definition of transactive energy which helps in identifying its primary building blocks. Based on the identified building blocks, each block of the transactive energy system is discussed briefly to highlight its significant role and effectiveness. Some enabling technologies for such systems are then reviewed along with pilot projects. In the end, some policy guidelines are presented to speed up their implementation.Qi HuangWaqas AminKhalid UmerHoay Beng GooiFoo Yi Shyh EddyMuhammad AfzalMahnoor ShahzadiAbdullah Aman KhanSyed Adrees AhmadElsevierarticleTransactive energyPeer-to-peerEnergy marketProsumersBlockchainTransmission and distributionElectrical engineering. Electronics. Nuclear engineeringTK1-9971ENEnergy Reports, Vol 7, Iss , Pp 7804-7824 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Transactive energy Peer-to-peer Energy market Prosumers Blockchain Transmission and distribution Electrical engineering. Electronics. Nuclear engineering TK1-9971
spellingShingle	Transactive energy Peer-to-peer Energy market Prosumers Blockchain Transmission and distribution Electrical engineering. Electronics. Nuclear engineering TK1-9971 Qi Huang Waqas Amin Khalid Umer Hoay Beng Gooi Foo Yi Shyh Eddy Muhammad Afzal Mahnoor Shahzadi Abdullah Aman Khan Syed Adrees Ahmad A review of transactive energy systems: Concept and implementation
description	Transactive energy is an effective way to share and trade energy among peers. A transactive energy framework is composed of several integrated blocks such as an energy market, service providers, generation companies, transmission and distribution networks, prosumers, etc. The success of such a framework can be measured by analyzing the effectiveness of its major building blocks. This paper provides a basic definition of transactive energy which helps in identifying its primary building blocks. Based on the identified building blocks, each block of the transactive energy system is discussed briefly to highlight its significant role and effectiveness. Some enabling technologies for such systems are then reviewed along with pilot projects. In the end, some policy guidelines are presented to speed up their implementation.
format	article
author	Qi Huang Waqas Amin Khalid Umer Hoay Beng Gooi Foo Yi Shyh Eddy Muhammad Afzal Mahnoor Shahzadi Abdullah Aman Khan Syed Adrees Ahmad
author_facet	Qi Huang Waqas Amin Khalid Umer Hoay Beng Gooi Foo Yi Shyh Eddy Muhammad Afzal Mahnoor Shahzadi Abdullah Aman Khan Syed Adrees Ahmad
author_sort	Qi Huang
title	A review of transactive energy systems: Concept and implementation
title_short	A review of transactive energy systems: Concept and implementation
title_full	A review of transactive energy systems: Concept and implementation
title_fullStr	A review of transactive energy systems: Concept and implementation
title_full_unstemmed	A review of transactive energy systems: Concept and implementation
title_sort	review of transactive energy systems: concept and implementation
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/6dde633ba6e74efba03decd6ed99a90f
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A review of transactive energy systems: Concept and implementation

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