ISO/IEC TR 15067-3-8:2020

ISO/IEC TR 15067-3-8
Edition 1.0 2020-09
TECHNICAL
REPORT
colour
inside
Information technology – Home electronic system (HES) application model –
Part 3-8: GridWise transactive energy framework

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ISO/IEC TR 15067-3-8
Edition 1.0 2020-09
TECHNICAL
REPORT
colour
inside
Information technology – Home electronic system (HES) application model –

Part 3-8: GridWise transactive energy framework

INTERNATIONAL
ELECTROTECHNICAL
COMMISSION
ICS 35.200 ISBN 978-2-8322-8851-1

– 2 – ISO/IEC TR 15067-3-8:2020
 ISO/IEC 2020
CONTENTS
FOREWORD . 5
INTRODUCTION . 7
1 Scope . 10
2 Normative references . 10
3 Terms and definitions . 10
4 Abbreviated terms . 14
5 Context setting . 15
5.1 Context for transactive issues . 15
5.2 Report contents and organization . 16
5.3 The problem . 16
5.4 Time scales . 18
5.5 Economic/market context . 19
5.6 Grid control systems context . 20
6 Transactive energy . 22
6.1 Transition from central power generation . 22
6.2 Transactive energy definition . 23
6.3 Transactive energy attributes . 23
6.4 Transactive energy principles . 24
6.5 Evolution of the grid and its effects on transactive energy . 25
6.6 Strata of transactive energy . 26
7 Framework . 27
7.1 The elements of transactive energy . 27
7.2 Policy and market design . 28
7.3 Business models and value realization . 32
7.3.1 Overview . 32
7.3.2 Overview of DER services and technical capabilities . 33
7.3.3 DER services and values recognized today . 35
7.3.4 DER values not yet recognized and quantified . 39
7.3.5 Transactive markets and peer-to-peer transactions . 42
7.3.6 Distribution system operator . 42
7.3.7 Distribution system operator models . 42
7.3.8 Summary: redefining the value of the grid . 44
7.4 Conceptual architecture guidelines . 44
7.4.1 Creating a conceptual architecture . 44
7.4.2 Guiding architectural principles . 45
7.4.3 Scope of the conceptual architecture for transactive energy . 46
7.4.4 Organizing paradigms . 47
7.5 Cyber-physical infrastructure . 50
7.5.1 Two cyber-physical networks . 50
7.5.2 Understanding the electricity grid . 50
7.5.3 Hierarchy of node levels . 53
7.5.4 Node characteristics and responsibilities . 54
7.5.5 Transaction train . 55
Annex A (informative) Case studies . 58
A.1 Use of case study template . 58

 ISO/IEC 2020
A.2 Case study template . 58
A.2.1 Title of the case study. 58
A.2.2 Case study characteristics and objectives . 58
A.2.3 Transactive energy attributes . 58
A.2.4 Participating agencies and organizations . 60
A.2.5 References for case study . 60
Annex B (informative) Pacific Northwest Smart Grid Demonstration . 61
B.1 Project characteristics and objectives . 61
B.2 Transactive energy attributes . 61
B.2.1 Architecture . 61
B.2.2 Extent . 62
B.2.3 Transacting parties . 62
B.2.4 Transaction . 62
B.2.5 Transacted commodities . 62
B.2.6 Temporal variability . 63
B.2.7 Interoperability . 63
B.2.8 Value discovery mechanisms . 63
B.2.9 Value assignment . 63
B.2.10 Alignment of objectives . 64
B.2.11 Stability assurance . 64
B.3 Participating agencies and organizations . 64
B.4 References for case study . 64 ®
Annex C (informative) American Electric Power gridSMART smart grid demonstration . 65
C.1 Project characteristics and objectives . 65
C.2 Transactive energy attributes . 65
C.2.1 Architecture . 65
C.2.2 Extent . 65
C.2.3 Transacting parties . 65
C.2.4 Transactions . 65
C.2.5 Transacted commodities . 66
C.2.6 Temporal variability . 66
C.2.7 Interoperability . 66
C.2.8 Value discovery mechanisms . 66
C.2.9 Value assignment . 67
C.2.10 Alignment of objectives . 67
C.2.11 Stability assurance . 67
C.3 Participating agencies and organizations. 67
C.4 References for case study . 68
Bibliography . 69

Figure 1 – Overview of GWAC transactive energy reference documents . 9
Figure 2 – A framework provides high-level perspective . 16
Figure 3 – Electric power system timelines . 19
Figure 4 – Growing complexity of electric power system control . 21
Figure 5 – Stages of adoption of DER . 25
Figure 6 – GWAC Stack with strata of transactive energy . 26
Figure 7 – Transactive energy stakeholders . 30

– 4 – ISO/IEC TR 15067-3-8:2020
 ISO/IEC 2020
Figure 8 – Services available from DERs . 33
Figure 9 – Architecture layers and iteration levels . 45
Figure 10 – The GridWise Architecture Council's interoperability framework . 47
Figure 11 – NIST Smart Grid Conceptual Model . 48
Figure 12 – Grid Vision 2050 transactive energy abstraction model . 49
Figure 13 – Integrated Control Abstraction Stack/GWAC Stac
...