Exploring Blockchain for The Coordination of Distributed Energy Resources

Yang, Qing; Wang, Hao

doi:10.1109/ciss50987.2021.9400211

Cited by 11 publications

(11 citation statements)

References 14 publications

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“…The utilization of blockchain technologies in the transfer of excess energy produced using renewable resources between the households, as well as between the households and the national grid, will further enhance the DER system [53], not only in terms of impact on cost, but on the security of the network and transactions as well.…”

Section: Discussionmentioning

confidence: 99%

A Model Predictive Control-Based Decision-Making Strategy for Residential Microgrids

Mechleri

Dorneanu

Arellano‐García

2022

Eng

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This work presents the development of a decision-making strategy for fulfilling the power and heat demands of small residential neighborhoods. The decision on the optimal operation of a microgrid is based on the model predictive control (MPC) rolling horizon. In the design of the residential microgrid, the new approach different technologies, such as photovoltaic (PV) arrays, micro-combined heat and power (micro-CHP) units, conventional boilers and heat and electricity storage tanks are considered. Moreover, electricity transfer between the microgrid components and the national grid are possible. The MPC problem is formulated as a mixed integer linear programming (MILP) model. The proposed novel approach is applied to two case studies: one without electricity storage, and one integrated microgrid with electricity storage. The results show the benefits of considering the integrated microgrid, as well as the advantage of including electricity storage.

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Section: Discussionmentioning

confidence: 99%

A Model Predictive Control-Based Decision-Making Strategy for Residential Microgrids

Mechleri

Dorneanu

Arellano‐García

2022

Eng

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“…Driven by advances in blockchain technology and the widespread use of DER, different development teams of stakeholders (e.g., utility companies, project pilots, among others) have explored the feasibility of using blockchain technology to manage and integrate these resources from different perspectives [118]- [120]. In this sense, it has been possible to demonstrate the great impact of consensus mechanisms for these tasks.…”

Section: ) Impact Of Consensus Mechanisms On Der Integration and Mana...mentioning

confidence: 99%

“…This is due to the high compatibility between the topology of this type of network and an interconnected energy scheme. Therefore, the range of areas and applications that have been developed under this paradigm are more extensive: transactive energy (or coordinated and bi-directional energy trading between nodes or users) [127], [128], energy management and scheduling [118], [129]- [131], EV integration [132]- [134], among several others.…”

Section: ) Coordinated Paradigmsmentioning

confidence: 99%

“…Authors in [118] developed a reliable decentralized management system for DERs using blockchain technology and smart contracts in order to integrate them to aggregators. For this purpose, several DERs were modeled and formulated a cost minimization problem for them in order to optimize their energy trading, scheduling and demand response.…”

Section: E Decentralized Energy Managementmentioning

confidence: 99%

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Blockchain for Distributed Energy Resources Management and Integration

et al. 2022

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Power grids all over the world are transitioning towards a decentralized structure. Under such a transition, blockchain technology is emerging as a potential solution for technical, deployment and decentralization issues, given its security, integrity, decentralized nature and required infrastructure. Moreover, blockchain technology offers excellent features like non-repudiation and immutability which makes it a promising application for DER integration and management on reliability factors. In this paper, a comprehensive review of blockchain applications for DER management and integration is presented. First, a blockchain-based literature review of research activities in the DER integration area and related tasks including entrepreneurial efforts is carried out. Next, the different opportunities and challenges of DER integration and management in power grids, i.e., centralization, regulatory support, development costs are discussed. Finally, some key research challenges and opportunities of including blockchain technology to DER integration and management issues are presented.INDEX TERMS Blockchain, Distributed energy resources (DER), Distributed ledger technologies, Consensus algorithms.

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“…To address the privacy issue, Li et al [33] designed a blockchain-based credit system to guarantee the privacy and security of the proposed transactive energy trading platform. The study in [34] proposed the idea of using blockchain for the coordination of DERs, and [35] developed a blockchain-based transactive energy system to enable trustable energy trading among prosumers. However, [R6] relies on a centralized credit bank to manage the user's identity and credit information.…”

Section: Related Workmentioning

confidence: 99%

Blockchain-Based Decentralized Energy Management Platform for Residential Distributed Energy Resources in A Virtual Power Plant

Yang,

Wang,

Wang

et al. 2021

Preprint

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The advent of distributed energy resources (DERs), such as distributed renewables, energy storage, electric vehicles, and controllable loads, brings a significantly disruptive and transformational impact on the centralized power system. It is widely accepted that a paradigm shift to a decentralized power system with bidirectional power flow is necessary to the integration of DERs. The virtual power plant (VPP) emerges as a promising paradigm for managing DERs to participate in the power system. In this paper, we develop a blockchain-based VPP energy management platform to facilitate a rich set of transactive energy activities among residential users with renewables, energy storage, and flexible loads in a VPP. Specifically, users can interact with each other to trade energy for mutual benefits and provide network services, such as feed-in energy, reserve, and demand response, through the VPP. To respect the users' independence and preserve their privacy, we design a decentralized optimization algorithm to optimize the users' energy scheduling, energy trading, and network services. Then we develop a prototype blockchain network for VPP energy management and implement the proposed algorithm on the blockchain network. By experiments using real-world data trace, we validated the feasibility and effectiveness of our algorithm and the blockchain system. The simulation results demonstrate that our blockchain-based VPP energy management platform reduces the users' cost by up to 38.6% and reduces the overall system cost by 11.2%.

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Exploring Blockchain for The Coordination of Distributed Energy Resources

Cited by 11 publications

References 14 publications

A Model Predictive Control-Based Decision-Making Strategy for Residential Microgrids

A Model Predictive Control-Based Decision-Making Strategy for Residential Microgrids

Blockchain for Distributed Energy Resources Management and Integration

Blockchain-Based Decentralized Energy Management Platform for Residential Distributed Energy Resources in A Virtual Power Plant

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