The short-term operation of microgrids in a transactive energy architecture

Abstract

The transactive energy framework provides value-driven control schemes that facilitate power delivery with higher efficiency, sustainability and economic soundness while ensuring the reliability and security of the energy infrastructure system. This article addresses the challenges and solution frameworks for the short-term operation of distributed energy resources, controllable demands, and microgrids in a transactive energy architecture, with a focus on the distributed energy management of hybrid AC/DC microgrids.