A Dynamical Systems Approach to Modeling and Analysis of Transactive Energy Coordination.

Under transactive (market-based) coordination, a population of distributed energy resources (DERs), such as thermostatically controlled loads (TCLs) and storage devices, bid into an energy market. Consequently, a certain level of demand will be cleared based on the operating conditions of the grid. This paper analyzes the influence of various factors, such as price signals, feeder limits, and user...