Advanced IoT-based Metering Infrastructure Applied to Support Transactive Energy Exchange

On July 8-10, the Transactive Energy Systems Conference will convene at the McNamara Alumni Center on the University of Minnesota campus, in Minneapolis, MN. This year’s theme is Transactive Energy Systems in a Participatory Grid – A Framework for the Future. OATI subject matter experts will host panel discussions, as well as exhibit at the conference. 

The Internet of Things (IoT) is a concept of interconnectivity between everyday objects, in order to enable messaging capability. It is an essential function of design to sustain wireless communication between these everyday objects, IoT sensors, and the Advanced Metering Infrastructure (AMI). AMI is therefore able to support electricity, gas and water meters, and also incorporate the proliferation of low cost sensors on the distribution network and customer devices. The interface with utility legacy applications: new Energy Management Systems (EMS), Advanced Distribution Management Systems (ADMS), and Distributed Energy Resource Management Systems (DERMS) offers new technology solutions for adaptive asset metering, all in support of transactive energy exchanges.

Traditional branded mesh technology used for AMI systems face limitations in meeting geographic system requirements for long distance or underground applications. However, new Low Range (LoRa) end point meters deployed with LoRa networks can be configured for an IoT based AMI system, or AMIoT™. Therefore, AMIoT™ design provides a cost-effective path toward visibility, on the distribution network to system operators. 

A sincere thank you to the IEEE and Gridwise Architecture Council for the opportunity to exhibit and share our work on transactive energy systems in a participatory grid!

For more information on the role of advanced metering infrastructure on transactive energy, contact