In the US, National Grid has partnered with software engineering firm Opus One Solutions to create and pilot a transactive energy marketplace.
The distributed system platform is being tested with members of the Buffalo Niagara Medical Campus in New York.
The pilot includes integrating energy from distributed energy resources owned by consumers at the campus with the main grid.
The aim is to ensure reliability of National Grid’s local distribution system, whilst ensuring consumers avoid using energy during peaks to avoid expensive energy tariffs. This would help consumers to keep their bills low, as well as assist the utility to reduce operational costs, at the same time expanding its renewable energy portfolio.
Consumers will earn market rate compensation through to October 2019 for the energy they direct into the main grid.
The demonstration is part of National Grid’s support of New York State’s Reforming the Energy Vision initiative.
The distributed energy resources include renewable generation, energy storage and responsive demand.
“The demonstration is proving that our strategy for DSP development and market engagement can be viable and beneficial to all parties involved,” says Carlos Nouel, vice president, New Energy Solutions for National Grid. “We’ve made a strong commitment to the adoption of distributed energy resources as a benefit to customers and our experiences in Buffalo will help guide our efforts going forward.”
“I see this as a win-win for customers and for the grid itself, since the use of this leading-edge technology makes the grid stronger; more resilient and reliable,” said Paul Tyno, strategic advisor for energy initiatives for BNMC.
“This is consistent with our energy focus of providing high quality, continuous energy that defines a global standard for innovation, energy efficiency and modern energy management.”
Phase 2 of the pilot will include expanding rollout of the distributed system platform within the utility’s service territory, as well as adding additional distributed energy concepts.