Transaction-based Techniques for Bulk Power Operation Will Be Useful in Distribution

Transaction-based Techniques for Bulk Power Operation Will Be Useful in Distribution
Posted: 11 Sep 2011
Authors:
Farrokh Rahimi and Ali Ipakchi
Primary Committee:
IEEE Smart Grid Newsletters
Pages: 3

The usual smart grid vision implies a huge increase in the number of entities that will communicate and interact in both the distribution systems and bulk power operation. This requires new methods of management and system operation. But, we need not start from scratch. Tools developed to run competitive wholesale electricity systems provide useful models.

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