On December 3-4, NIST in collaboration with federal partners and industry will host our Transactive Energy (TE) Modeling and Simulation Challenge for the Smart Grid Interim Meeting. This follows a successful Kickoff Meeting held in September. The purpose of the Interim meeting is to focus the TE Challenge vision, build up team efforts for success, bring in new participants and build new teams, and see what we can achieve by collaborative efforts.
TE has as its goal more effective integration of customer resources with the grid via markets and controls. Understanding how this can work across the complexity of the grid domains requires simulation tools as a foundation. The TE Challenge brings researchers and companies with simulation tools together with utilities, product developers, and other grid stakeholders to create and demonstrate modeling and simulation platforms while applying TE approaches to real grid problems. The products of the challenge will help industry understand the potential for TE and create a path for real-world trial implementations.
For more information on the challenge, please visit our TE Challenge Website.
To see what teams and participants are currently active in the Challenge, please visit our collaboration site's Community Page.