Abstract
The electric power system is rapidly decarbonizing with variable renewable energy resources (VREs) to mitigate rising climate change resources and rising climate change concerns. There are, however, fundamental VRE penetration limits that can only be lifted with the complementary integration of flexible demand-side resources. A recent study has shown that flexible energy-water resources can serve such a role, provide much needed operating reserves and cost-effectively reduce power system imbalances. The implementation of such demand-side resources necessitates a 'shared integrated grid' that is characterized by: 1) integral social and retail market engagement from individual electricity consumers; 2.) the digitization of energy resources through the energy internet of things (eIoT); and 3) community level coordination. This paper discusses the efforts of Dartmouth College and the City of Lebanon, NH, and Liberty Utilities to develop such a shared integrated grid. It leverages the newly passed New Hampshire municipal aggregation bill (SB 286). The goal is to ultimately develop a prototype transactive energy (TE) market that enables Lebanon residents to trade carbon-free electricity products and services amongst themselves.
| Original language | English |
|---|---|
| Title of host publication | 2019 IEEE International Symposium on Technology and Society, ISTAS 2019 |
| ISBN (Electronic) | 9781728154800 |
| DOIs | |
| State | Published - Nov 2019 |
| Event | 2019 IEEE International Symposium on Technology and Society, ISTAS 2019 - Boston, United States Duration: 15 Nov 2019 → 16 Nov 2019 |
Publication series
| Name | International Symposium on Technology and Society, Proceedings |
|---|---|
| Volume | 2019-November |
Conference
| Conference | 2019 IEEE International Symposium on Technology and Society, ISTAS 2019 |
|---|---|
| Country/Territory | United States |
| City | Boston |
| Period | 15/11/19 → 16/11/19 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 13 Climate Action
Keywords
- community choice aggregation
- curtailment
- eIoT
- energy-water nexus
- shared integrated grid
- smart grid
- transactive energy
- variable renewable energy
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