Communication Requirements for Price-Based Grid Coordination
This paper outlines a system architecture and communication technology infrastructure to enable dynamic pricing to be used to finely tune coordination between the grid and its customers. Taking a cue from the success of Internet architecture, this system — Price-Based Grid Coordination — emphasizes simplicity and universality. It enables a wide variety of ways for prices and other signals to pass from the grid to individual flexible loads, including multiple possible locations for the intelligence that combines price signals with device functional needs.