Making Transactive Energy Markets Carbon-Aware 

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The Rise of Distributed Energy Resources  Electric power systems (EDS) are changing rapidly. The growth of distributed energy resources (DERs), such as rooftop solar panels, battery storage, and small-scale generators, is transforming the traditional EDS. Consumers are no longer passive users but are becoming prosumers who both consume and produce energy. While this shift introduces new flexibility and innovation to the…

Transmission Tower

Designing for Flexibility: Navigating Imperfections in Competitive Electricity Markets

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Competitive electricity markets are inherently complex. They require the integration of technically feasible operations, grounded in physical laws, with economically viable solutions that incentivize investments. These interactions aim to ensure a reliable, efficient, and technologically flexible market design. However, the operation of these markets is neither trivial nor perfect. Over time, they are exposed to…