
45 Smart Grid Conference 2014 (SGC’14) - Grid Renovation Workshop
Wholesale vs. Retail Transactive Techniques
• Wholesale transactive tools and techniques have
been developed the last two decades for
management of bulk power operations in bilateral
and centralized markets including:
– Physical and financial deals
– Bidding and Scheduling
– Bid-matching/market-clearing /pricing
– Transmission capacity reservations and auctions
– Congestion management
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