TE Challenge

NIST Transactive Energy Challenge

Exposing Powerful Techniques for Transactive Energy

What is the TE Challenge?

Transactive Energy (TE) refers to techniques for managing the generation, consumption, or flow of electric power within the electric power system through the use of economic or market-based constructs while considering grid reliability constraints. As the electric grid transforms to integrate more wind and solar energy and to give customers more choice and control in their use of energy, the concept of transactive energy is likely to play a key role. Members of NIST’s Smart Grid Team have been working closely with the Department of Energy to understand TE’s potential and to support utilities, technology developers and policy makers. The TE Challenge will bring 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 transactive energy approaches to real grid problems.

  • Utilities are concerned about the impact of dynamic pricing and markets on grid stability
  • Researchers are interested in the development of economic and grid models for the new complex grid
  • Vendors are looking for how to use developing modeling tools to guide technology design and implementations
  • Learn

    TE Challenge Introduction, Timeline, and Benefits for Participation
  • Tool Chest

    Simulation Tools, Co-sim platforms, Data Sets, Baseline Scenarios, FAQ
  • Community

    Teams involved in the TE Challenge
  • Join

    Register for the TE Challenge!
  • Library

    Videos, presentations, and documents

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