Description
Abstract
Transactive Energy Market Information Exchange (TeMIX) is a standards-based architecture and protocol for real-time and forward transactions of electricity products. With interval metering, improved communications, smart devices, smart controls, and TeMIX protocols, many electricity transactions can be executed automatically in high volumes and at high speed.
TeMIX enables decentralized decisions and control at the edges of the network. Using TeMIX, customer devices such as air conditioners, plug-in electric vehicles, customer generation and storage automatically interact with distribution grid devices such as transformers, high voltage transmission networks, generation and storage. TeMIX thus enables a smart grid that can quickly adapt to high levels of variable renewables, plug-in vehicles, and storage.
This paper provides a high level description of TeMIX operational services for use by smart devices, customers, suppliers, distribution and transmission operators and intermediaries.
