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Blockchain-Assisted Crowdsourced Energy Systems [article]

Shen Wang and Ahmad Taha and Jianhui Wang
2018 arXiv   pre-print
Crowdsourcing relies on people's contributions to meet product- or system-level objectives. Crowdsourcing-based methods have been implemented in various cyber-physical systems and realtime markets.  ...  This paper explores a framework for Crowdsourced Energy Systems (CES), where small-scale energy generation or energy trading is crowdsourced from distributed energy resources, electric vehicles, and shapable  ...  ENERGY CROWDSOURCING MERITS AND PILLARS We outline three merits of studying crowdsourcing in smart grids.  ... 
arXiv:1802.03099v2 fatcat:ij7lu54hazg55fxr4mqqa4ki2e

Peer-to-Peer Energy Trading in Microgrids: Towards an Integrated Open and Distributed Market [article]

Ramón Christen, Alexander Denzler, Luca Mazzola
2020 Zenodo  
To give a full picture to the reader, we also scrutinise relevant elements of energy trading, such as Smart Contract and grid stability.  ...  Initially, we introduce a potential multi-layered architecture for a Peer-to-Peer (P2P) energy market, discussing the fundamental aspects of local production and local consumption as part of a microgrid  ...  ACKNOWLEDGMENT The work leading to this paper was partially financed by the European Commission, Directorate-General of Communications Networks, Content & Technology, thanks to the EU Blockchain Observatory  ... 
doi:10.5281/zenodo.4449715 fatcat:qlpwcfftcjbdbf3keiwwuxoq4i

Peer to Peer Distributed Energy Trading in Smart Grids: A Survey

Juhar Abdella, Khaled Shuaib
2018 Energies  
Due to the expansion of distributed renewable energy resources, peer to peer energy trading (P2P DET) is expected to be one of the key elements of next generation power systems.  ...  Earlier studies proposed SDN as a good solution to manage the complex networking architecture of existing smart grids systems.  ...  A survey of incentive based energy management schemes adopted for energy trading was performed in [11] .  ... 
doi:10.3390/en11061560 fatcat:fpb7nvj2gzhtphxhjzdh3yacmu

Towards a Peer-to-Peer Energy Market: an Overview [article]

Luca Mazzola, Alexander Denzler, Ramon Christen
2020 arXiv   pre-print
To give a full picture to the reader, we also scrutinise relevant elements of energy trading, such as Smart Contract and grid stability.  ...  Initially, we introduce a potential multi-layered architecture for a Peer-to-Peer (P2P) energy market, discussing the fundamental aspects of local production and local consumption as part of a microgrid  ...  Fig. 7: Overview of a peer-to-peer network in a smart grid application [Deke, 2020].  ... 
arXiv:2003.07940v2 fatcat:f5e7bgwkkra4xe3rb63btgkyvm

Blockchain for Future Smart Grid: A Comprehensive Survey [article]

Muhammad Baqer Mollah, Jun Zhao, Dusit Niyato, Kwok-Yan Lam, Xin Zhang, Amer M.Y.M. Ghias, Leong Hai Koh, Lei Yang
2019 arXiv   pre-print
In this way, Internet-connected smart grid, also called energy Internet, is also emerging as an innovative approach to ensure the energy from anywhere at any time.  ...  Then, we present a number of blockchain-based recent research works presented in different literatures addressing security issues in the area of smart grid.  ...  Surveys in blockchain-based peer-to-peer (P2P) energy trading and decentralized energy market are presented in [26] , [29] - [31] .  ... 
arXiv:1911.03298v1 fatcat:wzjcufoqhnbuxjmn24yggh5f2e

Small Scale Renewable Generation Unlocking an Era of Peer-to-Peer Energy Trading and Internet of Energy

Ahmed Aboushady, Azmy I. Gowaid
2019 Renewable Energy and Sustainable Development  
This, in turn, is believed to result in critical human development benefits at the local level.  ...  for those who are currently on the margins of centralized energy provision systems.  ...  To this end, peer-to-peer (P2P) energy trade concept aims to provide the business model and technical infrastructure enabling prosumers to trade their produced energy with one another in addition to (or  ... 
doi:10.21622/resd.2019.05.1.001 fatcat:x4ey5qcqjrdkpdtnck3kauzcam

Peer-to-Peer Energy Trading Mechanism based on Blockchain and Machine Learning for Sustainable Electrical Power Supply in Smart Grid

Faisal Jamil, Naeem Iqbal, Imran, Shabir Ahmad, DoHyeun Kim
2021 IEEE Access  
It is expected that peer to peer energy trading will constitute a significant share of research in upcoming generation power systems due to the rising demand of energy in smart microgrids.  ...  Energy trading is based on day-ahead, real-time control, and scheduling of distributed energy resources to meet the smart grid's load demand.  ...  Section 3 presents the predictive peer-to-peer energy trading based on blockchain, including an operational model of distributed energy resources, smart contract centric energy trading transaction, and  ... 
doi:10.1109/access.2021.3060457 fatcat:hfmblhpnrbbilg2z5uaevv2z3m

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

C M Thasnimol, R. Rajathy
2020 Open Computer Science  
, data storage and analytics, blockchain technology, multi-agent systems, and incentive-based energy trading mechanisms  ...  distribution network into the smart distribution network.  ...  Blockchain based trading Blockchain technology helps to establish a Peer to Peer (P2P) trading platform within the smart grid.  ... 
doi:10.1515/comp-2020-0202 fatcat:eozugfxy3vfjlfzxnzugd5ua74

Energy Crowdsourcing and Peer-to-Peer Energy Trading in Blockchain-Enabled Smart Grids [article]

Shen Wang and Ahmad F. Taha and Jianhui Wang and Karla Kvaternik and Adam Hahn
2019 arXiv   pre-print
This paper develops an optimization model and blockchain-based architecture to manage the operation of crowdsourced energy systems (CES), with peer-to-peer (P2P) energy trading transactions.  ...  An operational model of CESs in distribution networks is presented considering various types of energy trading transactions and crowdsourcees.  ...  energy trading transactions in distribution networks.  ... 
arXiv:1901.02390v2 fatcat:ndu43m6jdjdlhhg5fbxwgqgfem

A knowledge management platform for supporting Smart Grids based on peer to peer and service oriented architecture technologies

Amalia Sergaki, Kostas Kalaitzakis
2011 2011 IEEE International Conference on Smart Measurements of Future Grids (SMFG) Proceedings  
The work presented in this paper provides a framework of knowledge management mechanisms in order to support a Smart Grid.  ...  We present the design and implementation of a platform that supports the knowledge management needs for applications such as power system operations and power system reliability in the Smart Grid environment  ...  We propose a Peer-to-Peer (P2P) framework based on decentralized production, trading and storage of energy.  ... 
doi:10.1109/smfg.2011.6125775 fatcat:a2uvvqxbjraz3po37hzvteffui

A Real Pilot-Platform Implementation for Blockchain-Based Peer-to-Peer Energy Trading

Islam El-Sayed, Komal Khan, Xavier Dominguez, Pablo Arboleya
2020 2020 IEEE Power & Energy Society General Meeting (PESGM)  
In this context, blockchain-based ledger technology emerges as the most feasible solution which offers a peer to peer (P2P) energy trading platform providing a unique distributed local energy market model  ...  In this regard, this work provides a ground understanding as well as all the necessary technical details and procedures required to implement a pilot-platform P2P energy trading system based on blockchain  ...  ACKNOWLEDGMENT The authors would like to express our gratitude to Adriano Mones from Phoenix Contact E-Mobility for believing in this project and for his constant interest and support.  ... 
doi:10.1109/pesgm41954.2020.9281855 fatcat:ua7elttwpja7hh4f3bfm7zlzgi

Blockchain Based Efforts for Power Grids:A Review

Magda Foti, Manolis Vavalis
2018 Figshare  
This paper considers the design, the developed and the experimental evaluation, a blockchain based smart contract specifying the operating rules of a real time, uniform-price double auction energy market  ...  We propose four different approaches for implementing, through the Ethereum platform, both the P2P network as well as the smart contract.  ...  Primarily, these efforts focus on implementations that include peer-to-peer energy trading and pricing applications.  ... 
doi:10.6084/m9.figshare.6199274 fatcat:lt5svjikqrh27na6fmzj2uy6qi

Blockchain-Enabled Energy Demand Side Management Cap and Trade Model

Alain Aoun, Hussein Ibrahim, Mazen Ghandour, Adrian Ilinca
2021 Energies  
blockchain-based Peer-to-Peer (P2P) energy trading.  ...  This newly introduced Peer-to-Peer (P2P) trading model can be used to create a new demand load control model.  ...  Data Availability Statement: Data available on request due to restrictions. The data presented in this study are available on request from the corresponding author.  ... 
doi:10.3390/en14248600 fatcat:hlgaqhaa2rbnxguaugeqpxitni

A survey of of blockchain-based solutions for Energy Industry [article]

Swati Megha, Joseph Lamptey, Hamza Salem, Manuel Mazzara
2019 arXiv   pre-print
The energy industry needs to shift to a new paradigm from its classical model of energy generation, distribution, and management.  ...  This paper is aimed at the survey of all the research and development related to blockchain in the energy industry and uses a software engineering approach to categories all the existing work in several  ...  Proposed Solution: Implemented PriWatt a trustless decentralized token-based energy trading system with anonymous user communication and energy owner- ship in SG distributed smart contracts.  ... 
arXiv:1911.10509v2 fatcat:ortn2on5abhu5gbeslssuxwkmm

Electricity market design for the prosumer era

Yael Parag, Benjamin K. Sovacool
2016 Nature Energy  
With the growth in small and medium-sized agents using solar photovoltaic panels, smart meters, vehicle-to-grid electric automobiles, home batteries, and other "smart" devices, prosuming offers the potential  ...  Editor's summary: Small-scale renewable energy systems and smart technologies are enabling many consumers of energy to become producers and service providers as well.  ...  These advantages allow smart prosumer grids to improve the system efficiency in a variety of ways.  ... 
doi:10.1038/nenergy.2016.32 fatcat:uc6irp2x6vdvhd2v5xv3hy3wfm
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