lesson 3 5 smart grid electricity market
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Dr. Anurag K. Srivastava, Dr. Carl Hauser, and Dr. Dave Bakken,
Smart Grid Electricity Market and Application
Requirements
Cyber Infrastructure for the Smart Grid
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Compute and Control: Market operation
What is Restructuring for Market Operation Unbundling electric utilities from vertically-integrated
monopolies into separate generation, transmissionand
distributionentities.
Let market forces drive the priceof electric supply.
Reduce the net costthrough increased competition.
Goal Reduce energy chargesthrough a competitive market.
More customer choiceby creating an open access
environment that will allow consumers to choose a provider
for electric energy.
Level of service reliabilitycan be priced for customers.
More business opportunitiesfor selling new products and
services.
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Compute and Control:Electricity Market in USA
U.S. electric industry
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Compute and Control: Market operation
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Compute and Control: Market operation
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Compute and Control: Market operation
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Compute and Control: Application Requirements
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Compute and Control:Other Applications and Geographical Scale