Search Results for: transactive

Three Little Questions About Behavioral Energy Economics and Transactive Energy

Recently I spoke at the Surge Summit event of the Illinois Science & Engineering Innovation Foundation (ISEIF). ISEIF’s mission is customer education, awareness, and engagement as Illinois implements policies enabling a digital distribution grid and transactive energy. I am honored to serve as a peer reviewer on ISEIF’s Peer Review Committee. As a lead-up to …

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Nest’s Elegant Learning Thermostat — but is It Transactive?

Lynne Kiesling A team of highly skilled and design-savvy engineers have revealed Nest, an elegant, well-designed thermostat that can learn your preferred settings, analyze your data to spot energy-saving and money-saving opportunities, and look lovely on your wall. Earth2Tech has a review article on Nest, as does Greentech Enterprise. This summary description, from the Earth2Tech …

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Intelligent End-use Devices Make a Transactive Smart Grid Valuable (Part 3 of 5)

Lynne Kiesling Digital communication capabilities in the network, including in end-use devices, provides increasingly feature-rich, mobile, and customizable ways to create consumer awareness about electricity consumption, electricity expenditure, and the environmental impact of that consumption. It also provides ways to change electricity consumption, either manually or automatically, in the home or remotely. In yesterday’s post …

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A Smart Grid is a Transactive Grid (Part 2 of 5)

Lynne Kiesling One of the hallmarks of smart grid technology is how it enables and reduces the cost of two-way communication. In electricity as in other industries, digital communication technology makes it possible and easy to have two-way communication, and to use that communication capability to automate individual actions. As we have seen throughout society …

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Google Enters Smart Grid; Will They Pass the Transactive Test?

Lynne Kiesling Just a quick note because I am teaching at a workshop for judges … Google announced today that it is entering the smart grid space, as discussed in this CNet article: The driving idea behind the Google PowerMeter iGoogle gadget–and nearly all smart-grid companies–is that giving consumers access to more detailed home energy …

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Nifty Smart Grid End Use Devices. But Are They Transactive?

Lynne Kiesling The smart grid technology space is growing. Nifty, clever, useful devices proliferate in the market, whether your interests lie in remote sensing and monitoring in the wires, in distribution automation (which is actually sexier than it sounds!), or in intelligent end-use devices and building automation. Many of the end use devices, especially for …

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About Lynne Kiesling

Lynne Kiesling is a Visiting Associate Professor in the Department of Economics at Purdue University and the Associate Director of the John H. Schnatter Center for Economic Research at Purdue. She was recently an Associate Professor of Instruction in the Department of Economics at Northwestern University, and also Director of the Electricity Policy Program in the Searle …

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The Uk Smart Meter Transition: Industry Structure, Market Power, and Interoperability

The UK government started an energy digital smart meter rollout in 2008, an “… £11bn scheme to put 53m devices in 30m homes and small businesses by 2020” to yield an estimated gross benefit of £16.7bn. Calling the rollout a disaster would be generous — it’s behind schedule, about £1bn over budget, and full of technical …

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Two Ev Entries in the “How Cool is This?” File

Economical energy storage has long been the Holy Grail of electricity. Since 1800, when Alessandro Volta invented the electric pile (a forerunner of the modern battery), hobbyists, scientists, and engineers have experimented with chemicals and materials to create economical storage at a smaller scale than a hydroelectric dam and with a more portable technology than, …

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Edf on Grid Modernization

Last week the Environmental Defense Fund released a new report on grid modernization, Grid Modernization: The Foundation for Climate Change Progress (pdf). This short report provides a clear overview of how grid modernization enables a cleaner energy future, examining six areas where investment and regulatory policy should focus to make that happen. The focus of this …

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