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.
The Transactive Energy business model is more transparent than our current electricity model.
Electricity pricing is complex and confusing the way it is done today. Investor-owned utilities (IOUs) typically have many ways of charging customers. Pacific Gas and Electric in California has over seventy electric service tariffs in their tariff book. A...