April 21, 2015 – Monthly Luncheon Meeting:
Retail Transaction Platforms for California:
The Grid of People
EDWARD G. CAZALET
Founder & CEO, TeMix Inc.
VP, MegaWatt Storage Farms, Inc.
This presentation addresses how retail transaction platforms can help to address the many vexing issues facing the California electric grid. A business and regulatory model is proposed that uses retail transaction platforms to support transactions among the people who operate facilities and devices that consume, generate and store electricity on the California grid. The concepts in this presentation are put forth in a recent book by the speaker and his colleague Steven Barrager titled: Transactive Energy: A Sustainable Business and Regulatory Model for Electricity. The book is available on both the Amazon and Apple e-book stores.
ED CAZALET is a leader in (1) the design and operation of transaction services for electricity, and (2) the commercialization of electricity storage. Ed is the founder and CEO of TeMix Inc., a transactive energy services company and a founder and VP of MegaWatt Storage Farms Inc., an independent grid storage advisory firm. He was previously a Governor of the California Independent System Operator and the founder and CEO of Automated Power Exchange (APX) and Decision Focus, Inc. (DFI). He advocates customer friendly and sustainable retail electricity market designs using forward subscriptions and price responsive transactions to support smart appliances and buildings, electric vehicles, renewables, storage, and distributed generation. Dr. Cazalet holds a PhD from Stanford University focused on economics, decision analysis and power systems and BS and MS degrees in engineering from the University of Washington.