Welcome to Beyond the Electron: The Energy Cloud podcast series.
For more than a century, the system for generating and delivering electricity to homes and businesses has followed a one-way hub-and-spoke model. But that traditional approach of generating electricity at large power plants and delivering it long distances to customers is quickly giving way to a much more dynamic, sustainable and customer-centric model.
Check out the podcast episodes below.⬆
- Ep. 5 Understanding Transactive Energy
- Ep. 4 Neural Grid and the Internet of Energy
- Ep. 3 The Foundation of Our Distributed Energy Future
- Ep. 2 What Makes a City Smart?
- Ep. 1 What's Driving the Energy Cloud Transformation?
Understanding Transactive Energy
Last July, Arizona regulators opened the country’s first docket focused exclusively on transactive energy. In doing so, Arizona joined a host of other states and utilities in attempting to grapple with the opportunities and challenges associated with transactive energy. In a nutshell, transactive energy refers to the power and energy platform that facilitates decisions and transactions involving the generation, distribution and consumption of power. For example, the ability of rooftop solar and electric vehicle owners to trade electricity and other energy services is one type of transactive energy. And as the energy system as a whole evolves to become cleaner and more distributed, the concept of transactive energy and how it could work in practice is becoming less and less abstract.
Understanding transactive energy and its potential impact on utilities and customers will be our topic on this episode of Beyond the Electron: The Energy Cloud podcast series. Dan Bradley, a Managing Director in Navigant’s Energy Practice, and Joshua Wong, president and CEO of Opus One Solutions, will lay out what has already been accomplished with transactive energy and where it’s headed in the future.