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Increased penetration of Distributed Energy Resources (DER) and RenewableEnergy Systems (RES) transforming the conventional distribution grid into atransactive framework supervised by a distribution system operator (DSO).Although the emerging transactive energy management techniques improve the gridreliability, the inherent uncertainty of RES poses a challenge in meeting thepower demand of the critical infrastructure in the microgrid unless sufficientbattery energy storage is maintained. However, maintaining expensive batterystorage increases the operating cost of the DSO. In this article, we propose acost-effective dynamic resource allocation strategy to optimize the batteryreserve requirement while ensuring the critical demand is met with a provableguarantee. Our proposed scheme enables the DSO to optimize the RES and batteryreserve allocation to eliminate the risk of over or underproduction. We presentnumerical simulations under three different scenarios of multiple microgridswith uncertain renewable generation. The simulation results demonstrate theefficacy of the proposed transactive stochastic control algorithm.

Transactive Framework for Dynamic Energy Storage Allocation for Critical Load Management