GRID INTEGRATION
OPTIMAL OPERATIONS
- Stochastic optimization to coordinate distributed energy resources
- Accurate prediction and quantification of uncertainties
In the following example, the HVAC systems in a coordinated group of buildings are alternating their schedules to smooth out the aggregated load profile while meeting the physical requirements for the grid and occupants.
![coordination](http://www.smartinfralab.com/wp-content/uploads/2019/09/coordination.png)
TRANSACTIVE ENERGY AND NEW BUSINESS MODELS
- Transactive signals and tariff design for demand responses
- Utilities provide batteries and reserves as service to individual customers
The new paradigm of generation following load requires utility companies to develop new business models to maintain a sustainable portfolio. It is trending that utility companies use the grid as a service rather than purely selling energy to profit. The risks and returns are now shared among utility companies and end consumers, which requires new mathematical modeling.