Transactive Energy in California: A Platform for 100 Percent Clean Energy and Electrification
This book is about transactive energy (TE) and its role in achieving California’s goal of 100 percent clean energy and electrification of buildings and transportation. It describes how TE works, the RATES project, and the TE roadmap for California. The authors are...
Popular Transactive Energy book is now published in Chinese and Japanese
Transactive Energy is about applying fundamental business concepts to move our electric power markets to a new paradigm. The new paradigm uses forward and spot transactions to manage risk, and to guide investment and operating decisions. Our current business model is...
We need a Plug and Play business model for electricity.
I am an Apple guy. I prefer Apple products because I can just plug in my printer, plug in my backup hard drive, or any other peripheral device and I can start working (or playing.) I don’t have to go through any anxiety-inducing installation process. Apple has...
The Transactive Energy business model will stimulate innovation.
The TE business model will increase innovation by:
– reducing investment risk for all players, retail, and wholesale,
-providing transparent, predictable, and actionable prices to everyone, and
-stimulating new services and technology.
The Transactive Energy business model is more fair than command and control.
Small parties have the same access to the market as large parties. Customers pay for what they need and use.
The TE business model provides a level playing field for all technologies. All ways to make or save energy can compete fairly regardless of their type, technology, size, location, and ownership. This possibility has been the dream of rate-makers and stakeholders.