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Transactive Energy Network for Clean Generation, Energy Storage, Electric Vehicle Charging and Microgrid Integration

Economic Sector
Power Generation
Environmental Benefits
Climate changeClean air
Status
Active
Consortium members
Opus One Solutions Energy CorporationAdvanced Microgrid SolutionsEmera MaineNova Scotia Power Inc.Ryerson CUE-Toronto HydroSmarter Grid SolutionsToronto Hydro
Year Approved
2015
Year Announced
2015
SDTC Funding
$5,353,500
Leveraged Funding
$9,768,350
Total Project Value
$15,121,850

Lead organization:

Opus One Solutions Energy Corporation

Description:

In recent years, significant progress has been made on the development of distributed energy resource (DER) technologies like solar photovoltaic, small-scale renewable and non-renewable generation, energy storage, controllable loads and grid-connected microgrids. What is missing, however, is a platform that allows these DER technologies to be integrated into aging, congested, and largely unmonitored electric power distribution systems. This project is designed to demonstrate a smart and integrated transactive energy (TE) network that will allow DERs to be integrated technical and financially into electric power systems. This is accomplished by developing a suite of software tools, referred to as GridOS, that efficiently and optimally connect the various components of the grid together, creating a TE network that uses technical and economic signals to manage the exchange of electricity within an electric power system. The project will demonstrate a TE network for Emera Nova Scotia Power in a feeder-based microgrid (featuring wind resources and a residential microgrid), at Emera Maine’s control and operating system, and at Toronto Hydro’s energy monitoring and control centre.

Location:

Ontario
SDTC Annual Statistics 2016-2017 Image