Cyber Infrastructure for the Smart Grid

Dr. Anurag K. Srivastava, Dr. Carl Hauser, and Dr. Dave Bakken,

Smart Grid Electricity Market and Application

Requirements

Compute and Control: Market operation

What is Restructuring for Market Operation

Unbundling electric utilities from vertically-integrated
monopolies into separate generation, transmission and
distribution entities.
Let market forces drive the price of electric supply.
Reduce the net cost through increased competition.

Goal
Reduce energy charges through a competitive market.
More customer choice by creating an open access
environment that will allow consumers to choose a provider
for electric energy.
Level of service reliability can be priced for customers.
More business opportunities for selling new products and
services.

Compute and Control:

Electricity Market in USA

U.S. electric industry

Compute and Control: Market operation

Compute and Control: Market operation

Compute and Control: Market operation

Compute and Control: Application Requirements

Compute and Control:

Other Applications and Geographical Scale