Evaluation of Economic Merits of Peer to Peer Electricity Transactions

Odashiro, Tomoya; Hara, Ryoichi; Kita, Hidetoshi

doi:10.1109/isgt-europe47291.2020.9248880

Cited by 2 publications

(2 citation statements)

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“…This management of production and consumption is the central point of the whole process, since the production and consumption units may not match, so it is necessary to develop mechanisms that allow to adjust the production, store, connect equipment remotely in the consumer units or alternatively make the injection in the electrical power grid so that the surplus can be drained [61].…”

Section: Electrical Power Grid Architecturementioning

confidence: 99%

“…Energies 2021, 14, x FOR PEER REVIEW 14 of 28 tem electrical power grid managed by a distributor that has to approve all electrical connections that are made, as well as new connections to manage production and consumption. This management of production and consumption is the central point of the whole process, since the production and consumption units may not match, so it is necessary to develop mechanisms that allow to adjust the production, store, connect equipment remotely in the consumer units or alternatively make the injection in the electrical power grid so that the surplus can be drained [61].Error! Reference source not found.Figure 4 shows a proposed architecture, composed of an electrical power grid and a data network.…”

Section: Electrical Power Grid Architecturementioning

confidence: 99%

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Blockchain and Internet of Things for Electrical Energy Decentralization: A Review and System Architecture

Casquiço¹,

Mataloto²,

Ferreira³

et al. 2021

Energies

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The decentralization in the electrical power grids has gained increasing importance, especially in the last two decades, since transmission system operators (TSO), distribution system operators (DSO) and consumers are more aware of energy efficiency and energy sustainability issues. Therefore, globally, due to the introduction of energy production technologies near the consumers, in residential and industrial sectors, new scenarios of distributed energy resources (DER) are emerging. In order to guarantee an adequate power management in the electrical power grids, incorporating producers, consumers and producers-consumers (prosumers) together, it is important to adopt intelligent systems and platforms that allow the provision of information on energy consumption and production in real time, as well as for obtaining a fair price for the sale and purchase of energy. In this paper, we analyze the literature to identify the appropriate solutions to implement a decentralized electrical power grid based on sensors, blockchain and smart contracts, evaluating the current state of the art and pilot projects already in place. We also discuss a proposal for a power grid model, with renewable energy production, combining Internet of Things, blockchain and smart contracts.

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Section: Electrical Power Grid Architecturementioning

confidence: 99%

Section: Electrical Power Grid Architecturementioning

confidence: 99%