Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
706560 | The Electricity Journal | 2008 | 9 Pages |
Abstract
The project highlights the idea that technology-enabled decentralized coordination can achieve the same, or better, economic and reliability benefits when compared to utility-focused centralized physical and economic control. Among the design’s unique features was a retail double auction with five-minute market-clearing intervals that included residential customers as direct, active market participants.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
David P. Chassin, Lynne Kiesling,