What Is Transactive Energy?

Too Long; Didn't Read

Transactive Energy describes a system where anyone can trade electricity on the grid. Through this system, traditional consumers of electricity can generate electricity and sell their excess capacity back into the grid. This grid will leverage more renewable generation assets and allow end users to participate not just as consumers but also as producers of electricity. The current electricity system operates in real time: electricity is generated when it is consumed, but consumption can be highly variable. The variability in electricity consumption is important because it impacts the design of the electricity network and the sources of electricity generation.