Consensus-Based Energy Management of Microgrid With Random Packet Drops

Li, Hongyi; Hui, Hon Tat; Zhang, Hongcai

doi:10.1109/tsg.2023.3241653

Cited by 6 publications

(2 citation statements)

References 35 publications

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“…The value of the SOC is generated via a uniform distribution, and the reservation price of each prosumer is calculated according to the above assumptions, as presented in Table Ⅰ. A blockchain system is set up in the laboratory partly inspired by [34]. The validator network is formed by 10 prosumers running on their personal computers.…”

Section: A Basic Settingmentioning

confidence: 99%

A Consortium Blockchain-Enabled Double Auction Mechanism for Peer-to-Peer Energy Trading among Prosumers

Cui,

Xu,

et al. 2024

Prot. Control Mod. Power Syst.

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This paper investigates a double auction-based peer-to-peer (P2P) energy trading market for a community of renewable prosumers with private information on reservation price and quantity of energy to be traded. A novel competition padding auction (CPA) mechanism for P2P energy trading is proposed to address the budget deficit problem while holding the advantages of the widely-used Vickrey-Clarke-Groves mechanism. To illustrate the theoretical properties of the CPA mechanism, the sufficient conditions are identified for a truth-telling equilibrium with a budget surplus to exist, while further proving its asymptotical economic efficiency. In addition, the CPA mechanism is implemented through consortium blockchain smart contracts to create safer, faster, and larger P2P energy trading markets. The proposed mechanism is embedded into blockchain consensus protocols for high consensus efficiency, and the budget surplus of the CPA mechanism motivates the prosumers to manage the blockchain. Case studies are carried out to show the effectiveness of the proposed method.

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Section: A Basic Settingmentioning

confidence: 99%

A Consortium Blockchain-Enabled Double Auction Mechanism for Peer-to-Peer Energy Trading among Prosumers

Cui,

Xu,

et al. 2024

Prot. Control Mod. Power Syst.

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“…One further benefit of microgrids is in their capacity to incorporate renewable energy sources into the overall energy composition. Furthermore, microgrids possess the capability to mitigate energy expenses through the optimization of energy consumption and the alleviation of peak demand on the primary power grid (10). This phenomenon has the potential to generate cost savings for both consumers and utilities, while also alleviating the burden on the broader power system during moments of high demand (11).…”

mentioning

confidence: 99%

Application of IoT and Non-Intrusive Load Monitoring Techniques in Microgrid Energy Management and Monitoring Systems

Esmaeili Shayan

2024

IJEE

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Environmentally sustainable metropolitan environments are characterized by their ability to effectively produce and distribute power while reducing their impact on the environment. Smart homes are essential in smart cities since they enhance sustainability and efficiency in urban settings. A key advantage of smart homes is their capacity to diminish energy use and carbon emissions. This is accomplished by optimizing energy consumption in home appliances, which is customized to fulfill the individual requirements and preferences of consumers. However, there is still a need for further academic research to investigate and improve the functioning of intelligent residential homes in microgrids. To efficiently manage microgrids, it is crucial to gather and analyze large amounts of electrical data related to power production from microgrid sources and energy consumption of the loads. This study examines the use of Non-Intrusive Load Monitoring (NILM) methods to monitor electrical parameters of different loads in microgrids. The research focuses on the application of affordable smart meters that are equipped with Internet of Things (IoT) capabilities. An empirical study showcases the possibility of collecting significant data on microgrid operation via the deployment of an operational microgrid that integrates a hybrid wind-solar power source with a variety of home appliances.

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Cyber–physical collaborative control for DC microgrid clusters under joint cyber-attacks

Jin,

Dou,

Zhang

2024

Electric Power Systems Research

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Consensus-Based Energy Management of Microgrid With Random Packet Drops

Cited by 6 publications

References 35 publications

A Consortium Blockchain-Enabled Double Auction Mechanism for Peer-to-Peer Energy Trading among Prosumers

A Consortium Blockchain-Enabled Double Auction Mechanism for Peer-to-Peer Energy Trading among Prosumers

Application of IoT and Non-Intrusive Load Monitoring Techniques in Microgrid Energy Management and Monitoring Systems

Cyber–physical collaborative control for DC microgrid clusters under joint cyber-attacks

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