Market Domain, Operations Domain, and Service Domain Roles

Review the NIST framework on smart grid from the link given below. Discuss the role of market domain, operations domain and service provider domain.

https://www.nist.gov/sites/default/files/documents/public_affairs/releases/smartgrid_interoperability_final.pdf

Question-2 (4pgs)

Do some independent research and explain the roles of FERC, ISOs and RTOs in regulating the transmission and the wholesale electricity market.

Question-3 (4pgs)

Explain the difference between demand response and demand side management.

Note:Description should not exceed 2 pages for each question.The The text should be in Century School, font size-12 with single spacing. You can include figures and tables.

 

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