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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

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
The concept of smart grid has been introduced as a new vision of the conventional power grid to figure out an efficient way of integrating green and renewable energy technologies.  ...  Consequently, the smart grid is undergoing a transformation to the decentralized topology from its centralized form.  ...  in order to create a novel and transparent en-ergy market in order to enable peer-to-peer renewable energy trading.  ... 
arXiv:1911.03298v1 fatcat:wzjcufoqhnbuxjmn24yggh5f2e

Blockchain based Decentralized Virtual Power Plants of Small Prosumers

Tudor Cioara, Marcel Antal, Vlad T. Mihailescu, Claudia D. Antal, Ionut M. Anghel, Dan Mitrea
2021 IEEE Access  
INDEX TERMS Public blockchain, virtual power plant, smart contract, small prosumers, distributed ledger technology, peer to peer energy trading. 29490 This work is licensed under a Creative Commons Attribution  ...  The deployment of small-scale renewable energy sources will transform the management of energy grids towards more decentralized solutions in which the prosumers will have a more active role.  ...  First is the decentralization of trust allowing the prosumers to trade energy among them in a peer to peer fashion.  ... 
doi:10.1109/access.2021.3059106 fatcat:smoqg7v2ufe2hlmbajfbvpdjkq

Electricity market design for the prosumer era

Yael Parag, Benjamin K. Sovacool
2016 Nature Energy  
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.  ...  Here we identify and discuss three promising potential prosumer markets related to prosumer grid integration, peer-to-peer models, and prosumer community groups.  ...  Such grids tend to enable homes and buildings to have sophisticated management capabilities, net metering or smart meters that differ from conventional grids.  ... 
doi:10.1038/nenergy.2016.32 fatcat:uc6irp2x6vdvhd2v5xv3hy3wfm

Survey on Blockchain for Smart Grid Management, Control, and Operation

Yohannes T. Aklilu, Jianguo Ding
2021 Energies  
Power generation, distribution, transmission, and consumption face ongoing challenges such as smart grid management, control, and operation, resulting from high energy demand, the diversity of energy sources  ...  : collaboration among stakeholders; data analysis and data management; control of grid imbalances; decentralization of grid management and operations; and security and privacy.  ...  The funders had no role in the design of the study; in the collection, analyses, or interpretation of data; in the writing of the manuscript, or in the decision to publish the results.  ... 
doi:10.3390/en15010193 fatcat:ycuyl6albnaixhxqwmipffdcv4

Towards the decentralized revolution in energy systems using blockchain technology

Umit Cali
2019 International Journal of Smart Grid and Clean Energy  
Both changes have the potential to enable paradigm shift in the field of energy in the coming years.  ...  This paper aims to present a comprehensive review of P2P energy trading related blockchain technology applications and proposes a comprehensive multi-layer energy model architecture for the peer to peer  ...  Most of the current peer to peer (P2P) energy trading models are operated geographically independent where generation and demand-side units are located in different locations.  ... 
doi:10.12720/sgce.8.3.245-256 fatcat:jy35dantcnewxinlv63cngaxza

Peer-to-Peer Trading in Electricity Networks: An Overview [article]

Wayes Tushar, Tapan K. Saha, Chau Yuen, David Smith, H. Vincent Poor
2020 arXiv   pre-print
By doing so, we provide an overview of the key features of peer-to-peer trading and its benefits of relevance to the grid and prosumers.  ...  At the same time, peer-to-peer energy trading is also expected to help the grid by reducing peak demand, lowering reserve requirements, and curtailing network loss.  ...  However, the benefit of peer-to-peer energy trading to the distribution grid also needs to be demonstrated.  ... 
arXiv:2001.06882v1 fatcat:gsqgn42ktbhnza2wlafc6naoly

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 systematically compare the above approaches on the basis of their decentralization nature, operating costs, computational costs, effectiveness, security, privacy and beyond.  ...  Distributed energy resources perform a local optimization step and send the results of this step to a smart contract.  ... 
doi:10.6084/m9.figshare.6199274 fatcat:lt5svjikqrh27na6fmzj2uy6qi

Blockchain based decentralized local energy flexibility market

Claudia Antal, Tudor Cioara, Marcel Antal, Vlad Mihailescu, Dan Mitrea, Ionut Anghel, Ioan Salomie, Giuseppe Raveduto, Massimo Bertoncini, Vincenzo Croce, Tommaso Bragatto, Federico Carere (+1 others)
2021 Energy Reports  
In this paper, we propose a blockchain-based decentralized energy flexibility market enabling small-scale prosumers to trade in a peer-to-peer fashion their flexibility in terms of load modulation concerning  ...  We have defined an energy flexibility token for digitizing the flexibility of prosumers allowing to be traded on the market as an asset and self-enforcing smart contracts for decentralized market operation  ...  their electricity, to manage their loads using peer to peer trading of flexibility, and to reduce the energy exchange with the utility grid up to islanding operational mode.  ... 
doi:10.1016/j.egyr.2021.08.118 fatcat:6h3pliirnjhfpnlc23rozboe7u

Towards transactive energy systems: An analysis on current trends

Omid Abrishambaf, Fernando Lezama, Pedro Faria, Zita Vale
2019 Energy Strategy Reviews  
The main contribution of this work is centered on the definition of transactive energy concepts and how such systems can be implemented in the smart grid paradigm.  ...  The analyzed works have been categorized into three lines of research: (i) transactive network management; (ii) transactive control; and (iii) peer-to-peer markets.  ...  [85] provided a smart management system to enable prosumers to trade energy in a fully decentralized market considering local DRERs.  ... 
doi:10.1016/j.esr.2019.100418 fatcat:d2ytug46zzb2rbg2kabgd7fv2a

Cyberphysical Blockchain-Enabled Peer-to-Peer Energy Trading [article]

Faizan Ali, Moayad Aloqaily, Omar Alfandi, Oznur Ozkasap
2020 arXiv   pre-print
Scalability and security problems of the centralized architecture models in cyberphysical systems have great potential to be solved by novel blockchain based distributed models.A decentralized energy trading  ...  Addressing the importance of blockchain-enabled energy trading in the context of cyberphysical systems, this article provides a thorough overview of the P2P energy trading and the utilization of blockchain  ...  Power systems need to adapt to renewable energy so they can operate efficiently and sustainably, and promote the concept of smart grids to support power systems.  ... 
arXiv:2001.00746v3 fatcat:g2ttqwovyvaidpj7fti27tceaq

What blockchain can do for power grids?

Magda Foti, Manolis Vavalis
2021 Blockchain: Research and Applications  
of blockchain technology in the energy sector in general and the power grid in particular.  ...  A B S T R A C T The aim of this work is to provide an up-to-date comprehensive review of the peer-reviewed articles, the research projects and the entrepreneurial efforts that consider the utilization  ...  Distributed energy resources perform a local optimization step and send the results of this step to a smart contract.  ... 
doi:10.1016/j.bcra.2021.100008 fatcat:oda5z2d3qndinpdhyescweuuue

What blockchain can do for power grids?

Magda Foti, Manolis Vavalis
2018 Figshare  
An up-to-date comprehensive review for power engineers and practitioners.  ...  Distributed energy resources perform a local optimization step and send the results of this step to a smart contract.  ...  The aim of this project is to study how the technology of blockchain can enable instant trading of solar energy between neighborhoods.  ... 
doi:10.6084/m9.figshare.6840656.v1 fatcat:3avr6lb3gna6bcstgqoqlgrkzy

P2P Energy Trading Application In Smart Grids Using Blockchain

Bharath Radhakrishnan
2021 International Journal for Research in Applied Science and Engineering Technology  
Abstract: This paper helps one to understand the concept of smart grids, blockchain, and their interaction with one another in a real-world application of the energy sector, specifically in the smart grids  ...  The current system is also highly centralized, and our proposed system; this is P2P energy trading in smart grids using blockchain aims to eliminate the above drawbacks.  ...  our blockchain model to enable Peer-to-Peer energy trading in smart grids using blockchain technology.  ... 
doi:10.22214/ijraset.2021.38415 fatcat:dcwi5selm5a4heunmynhgwvysy

The fifth archetype of electricity market: the blockchain marketplace

Yueqiang Xu, Petri Ahokangas, Seppo Yrjölä, Timo Koivumäki
2019 Wireless networks  
Enabling and empowering the diverse energy resources to have active yet efficient participation in the smart grid and energy market is an unrivaled challenge for the energy industry.  ...  The research contributes to the literature of smart grids and demand-side management and introduces the value configuration/architecture approach for the energy market and business model domains.  ...  Open Access This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creative commons.org/licenses/by/4.0/), which permits unrestricted use, distribution  ... 
doi:10.1007/s11276-019-02065-9 fatcat:blppex3dp5dwjkthfja6uyccoe
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