Transactive Energy

Transactive Energy refers to a system where energy producers and consumers interact in real-time to manage energy usage and costs more effectively. It leverages technology, such as smart meters and apps, to facilitate trading electricity among users—like homeowners with solar panels selling excess power back to the grid or each other. This approach promotes efficient energy use, enhances grid reliability, and encourages renewable energy sources, ultimately leading to more sustainable energy consumption. By empowering individuals and businesses to make informed energy choices, it fosters a collaborative marketplace for energy exchange.