Supply and Demand Oriented Energy Management in the Internet of Things

Li, Qingjuan; Liu, Hong; Fu, Yang; Hu, Songde; Yang, Shunkun

doi:10.4236/ait.2016.61001

Cited by 7 publications

(4 citation statements)

References 38 publications

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“…Energy management through peak load shifting for an IoE enabled power grid is proposed in [157]. An energy management scheme for IoE enabled smart home is proposed in [158].…”

Section: Ioe Based Dr Programmentioning

confidence: 99%

The Paradigm Revolution in the Distribution Grid: The Cutting-Edge and Enabling Technologies

Thasnimol

Rajathy

2020

Open Computer Science

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Bi-directional information and energy flow, renewable energy sources, battery energy storage, electric vehicle, self-healing capability, and demand response programs, etc., revolutionized the traditional distribution network into the smart distribution network. Adoption of modern technologies like intelligent meters such as advanced metering infrastructure & Micro-phasor measurement units, data storage, and analysis techniques and incentive-based electricity trading mechanisms can bring this paradigm shift. This study presents an overview of popular technologies that facilitate this transformation, giving focus on some prime technologies such as real-time monitoring based on Micro-phasor measurement units, data storage and analytics, blockchain technology, multi-agent systems, and incentive-based energy trading mechanisms

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“…Energy management through peak load shifting for an IoE enabled power grid is proposed in [157]. An energy management scheme for IoE enabled smart home is proposed in [158].…”

Section: Ioe Based Dr Programmentioning

confidence: 99%

The Paradigm Revolution in the Distribution Grid: The Cutting-Edge and Enabling Technologies

Thasnimol

Rajathy

2020

Open Computer Science

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“…• Vehicle-to-grid networks: Electric vehicles acted as energy storage devices perform charging operations at load valley, and feed their energy back into the power grid to reduce load peaks. Vehicles can also sell their energy to neighboring charging vehicles in a P2P manner with the help of local aggregators [8], [9].…”

Section: Introductionmentioning

confidence: 99%

Consortium Blockchain for Secure Energy Trading in Industrial Internet of Things

Kang²,

Yu³

et al. 2017

IEEE Trans. Ind. Inf.

591

421

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In Industrial Internet of Things (IIoT), Peer-to-Peer (P2P) energy trading ubiquitously takes place in various scenarios, e.g., microgrids, energy harvesting networks, and vehicle-togrid networks. However, there are common security and privacy challenges caused by untrusted and nontransparent energy markets in these scenarios. To address the security challenges, we exploit the consortium blockchain technology to propose a secure energy trading system named energy blockchain. This energy blockchain can be widely used in general scenarios of P2P energy trading getting rid of a trusted intermediary. Besides, to reduce the transaction limitation resulted from transaction confirmation delays on the energy blockchain, we propose a credit-based payment scheme to support fast and frequent energy trading. An optimal pricing strategy using Stackelberg game for credit-based loans is also proposed. Security analysis and numerical results based on a real dataset illustrate that the proposed energy blockchain and credit-based payment scheme are secure and efficient in IIoT.

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“…and trade energy in a Peer-to-Peer (P2P) manner, V2G networks (EVs acted as energy storage devices [8]. They can sell their energy to the power grid as well as other vehicles in a P2P manner using local aggregator and reduce peak loads [9]), and energy harvesting networks (with this ability, the nodes can charge their battery from renewable energy/ mobile charger in a P2P way [10]). Moreover, the smart grid develops an efficient and green P2P energy trading [11].…”

Section: Introductionmentioning

confidence: 99%

A Survey on Energy Trading in the Smart Grid: Taxonomy, Research Challenges and Solutions

et al. 2021

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The smart grid is generally studied as an efficient and powerful electric grid. With the assistance of information and communication technology (ICT), the electric grid can increase the performance of the power grid system with smart energy management. On the other hand, with the usage of renewable energy resources (RERs), smart energy storage, and new transmission technologies in the power grid system, various new features such as real-time monitoring, fast restoration, battery displays, automated outage management, etc. have been assimilated into the smart grid. These new features generate more complexity in energy transmission and constitute important challenges like low energy consumption, high energy cost, social welfare, etc. while designing energy trading mechanisms in the smart grid. In the Internet-of-Things (IoT) era, several scenarios such as micro-grids, energy harvesting networks, and vehicle-to-grid (V2G) networks are present where energy trading plays an important role. However, in these scenarios, there are energy transmission and distribution, security and privacy, energy consumption, system reliability, the criticality of data delivery, and a few more challenges caused by distrust, non-transparent, and uncertain energy markets. Motivated from these challenges, we present a four-layered architecture of energy trading used in the smart grid. We propose a comprehensive background regarding the main concepts of energy trading and the implication of enabling technologies that manage the energy imbalances in the smart grid. Then, we present a problem taxonomy based on incentive, mathematical, and simulation modeldriven approaches, which are widely used to control and maintain the energy trading mechanisms. Based on the findings from the literature, we also present a solution taxonomy with enabling technologies such as Energy Internet, Software-defined networking (SDN), and blockchain. In the end, a summary of future research directions based on the energy trading mechanisms is explored to provide deep insights to the readers.

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Supply and Demand Oriented Energy Management in the Internet of Things

Cited by 7 publications

References 38 publications

The Paradigm Revolution in the Distribution Grid: The Cutting-Edge and Enabling Technologies

The Paradigm Revolution in the Distribution Grid: The Cutting-Edge and Enabling Technologies

Consortium Blockchain for Secure Energy Trading in Industrial Internet of Things

A Survey on Energy Trading in the Smart Grid: Taxonomy, Research Challenges and Solutions

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