Article ID Journal Published Year Pages File Type
706560 The Electricity Journal 2008 9 Pages PDF
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
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