Digitalization of the electricity infrastructure: a key enabler for the decarbonization and decentralization of the power sector

Rossetto, Nicolò; Reif, Valerie

doi:10.2139/ssrn.3831154

Cited by 3 publications

(1 citation statement)

References 20 publications

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“…Digitalization is driving the power sector towards decarbonization and decentralization [203] by enhancing data usage and system efficiency, promoting competitive markets, and empowering consumers, while acknowledging new regulatory challenges.…”

Section: Digitalization As An Enabler For Sector Decarbonization and ...mentioning

confidence: 99%

Digitalization Processes in Distribution Grids: A Comprehensive Review of Strategies and Challenges

Aghahadi,

Bosisio,

Merlo

et al. 2024

Applied Sciences

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This systematic review meticulously explores the transformative impact of digital technologies on the grid planning, grid operations, and energy market dynamics of power distribution grids. Utilizing a robust methodological framework, over 54,000 scholarly articles were analyzed to investigate the integration and effects of artificial intelligence, machine learning, optimization, the Internet of Things, and advanced metering infrastructure within these key subsections. The literature was categorized to show how these technologies contribute specifically to grid planning, operation, and market mechanisms. It was found that digitalization significantly enhances grid planning through improved forecasting accuracy and robust infrastructure design. In operations, these technologies enable real-time management and advanced fault detection, thereby enhancing reliability and operational efficiency. Moreover, in the market domain, they support more efficient energy trading and help in achieving regulatory compliance, thus fostering transparent and competitive markets. However, challenges such as data complexity and system integration are identified as critical hurdles that must be overcome to fully harness the potential of smart grid technologies. This review not only highlights the comprehensive benefits but also maps out the interdependencies among the planning, operation, and market strategies, underlining the critical role of digital technologies in advancing sustainable and resilient energy systems.

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Section: Digitalization As An Enabler For Sector Decarbonization and ...mentioning

confidence: 99%

Digitalization Processes in Distribution Grids: A Comprehensive Review of Strategies and Challenges

Aghahadi,

Bosisio,

Merlo

et al. 2024

Applied Sciences

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Impact of electrical power congestion and diverse transmission congestion issues in the electricity sector

Mishra

Samal²

2023

Energy Syst

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Blockchain, Data Protection and P2P Energy Trading: A Review on Legal and Economic Challenges

Chiarini¹,

Compagnucci

2022

Sustainability

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Blockchain technology (BCT) enables the automated execution of smart contracts in peer-to-peer (P2P) energy trading. BCT-based P2P platforms allow the sharing, exchange and trade of energy among consumers or prosumers as peers, fostering the decarbonization, decentralization and digitalization of the energy industry. On the other hand, BCT-based P2P energy trading relies on the collection, storage and processing of a large amount of user data, posing interdisciplinary challenges, including user anonymity, privacy, the governance of BCT systems and the role of energy market players. First, this paper seeks to review the state of the art of European data protection law and regulations by focusing on BCT compliance with the General Data Protection Regulation (GDPR) of 2018. Second, it explores both the potentials and the challenges of BCT-based P2P energy trading from a legal–economic perspective. To do so, the paper adopts an interdisciplinary approach which intertwines both law and economics, by reviewing the recent literature on BCT and P2P energy trading. Findings have revealed that the deployment of BCT-based P2P energy trading is still in its pilot stage because of technology immaturity, data protection uncertainty, incomplete disintermediation and the lack of both user awareness and collaboration among market players. Drawing on the review, the paper also proposes a selection of solutions to foster the implementation of BCT-based P2P energy trading.

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Digitalization of the electricity infrastructure: a key enabler for the decarbonization and decentralization of the power sector

Cited by 3 publications

References 20 publications

Digitalization Processes in Distribution Grids: A Comprehensive Review of Strategies and Challenges

Digitalization Processes in Distribution Grids: A Comprehensive Review of Strategies and Challenges

Impact of electrical power congestion and diverse transmission congestion issues in the electricity sector

Blockchain, Data Protection and P2P Energy Trading: A Review on Legal and Economic Challenges

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