What is WiseGrid?
WiseGrid is a grid monitoring and analysis tool. By identifying grid constraints and managing congestion, WiseGrid allows for a more dynamic and responsive energy market, ensuring the platform operates effectively within the physical limits of the power grid. The interaction between WiseGrid and other platform components means that the Energy Internet platform can allocate resources and handle constraint violation events at minimum cost to clients. The platform's ability to partition the market and implement locational pricing based on grid conditions is a key innovation.
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Key Features
Real-Time Grid Analysis
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WiseGrid receives net injection outcomes which reflect the expected energy flow based on trading activity.
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This data drives an OpenDSS power flow model, highlighting power lines and grid areas approaching capacity limits.
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Minimize client costs by efficiently allocating resources and resolving constraint violations.
Congestion Management
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WiseGrid effectively detects congestion and establishes distinct zones.
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This proactive approach prevents overloading during energy trading.
- It ensures localized management of grid constraints.
- Each zone features unique prices that accurately reflect specific grid conditions.
Feedback
Loop
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WiseGrid sends information about the identified areas and exchange constraints.
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WiseGrid can also signal congestion events.
Resource VIsibility
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WiseGrid provides visibility of available microgrid resources.
Locational Pricing
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Different areas of the grid can have different market clearing prices, reflecting the unique supply and demand conditions of each area.
WiseGrid makes the Energy Internet possible
WiseGrid, shown below, is an innovative Energy Internet platform tailored for transactive energy and demand response applications, focused on enhancing efficiency and reducing costs for utilities and end-customers. WiseGrid facilitates seamless energy trading among buildings, optimizing the management of excess solar PV, battery storage, and demand response capacity.
Energy Internet Overview
