Polarised positions that assert the OrchestrationThe coordination of dispatchable Energy Resources, including... Click for more of Distributed Energy Resources (DER/CER)A diverse range of small to medium scale Energy Resources th... Click for more must be largely or entirely achieved via technological control or economic incentives.
For example, a market economics view may assert that establishing the right market rules and prices will be sufficient. By contrast, a control engineering perspective may assert that establishing the right standards, protocols and optimisation equations will be sufficient.
This is a false dichotomy as elements of both markets and controls are necessary for a holistic approach to Operational CoordinationOperational Coordination is the systematic operational align... Click for more where a Power SystemA highly complex cyber-physical and transactional System tha... Click for more hosts millions of participating Energy ResourcesA universal term for all technologies that provide one or se... Click for more. For example:
a) Well-designed markets operate as excellent sensors (of market participant capabilities and intentions) and optimisation engines;
b) Technical controls are required as markets alone cannot address high speed Power System dynamics; and,
c) Beyond compliance with basic connection requirements, financial incentives will be required to induce millions of privately-owned DER/CER to provide beneficial Electric ProductsThe physics-based services that may be provided by Energy Re... Click for more to the Power System.