The Transactive Energy Abstract Component Model

Published

November 30, 2018

Author(s)

Martin J. Burns, Yuyin Song, David G. Holmberg

Abstract

The transactive energy (TE) abstract component model (“Model”) was the product of a tiger team effort engaged by the National Institute of Standards and Technology (NIST), Pacific Northwest National Lab (PNNL), Vanderbilt University, and Carnegie Mellon University during the summer of 2016 in support of the NIST Transactive Energy Challenge. The purpose of this activity was to distill from the collective experience of the participants an abstract model of a transactive energy system consisting of an energy grid, loads, generators, controllers, and transactive agents.

Citation

Special Publication (NIST SP) - 1900-750

Report Number

1900-750

NIST Pub Series

Special Publication (NIST SP)

Pub Type

NIST Pubs

Download Paper

https://doi.org/10.6028/NIST.SP.1900-750

Keywords

Transactive Energy, Smart Grid

Citation

Burns, M. , Song, Y. and Holmberg, D. (2018), The Transactive Energy Abstract Component Model, Special Publication (NIST SP), National Institute of Standards and Technology, Gaithersburg, MD, [online], https://doi.org/10.6028/NIST.SP.1900-750 (Accessed October 28, 2025)