Search results for "Energy blockchain"

showing 6 items of 6 documents

A blockchain platform for Demand Response in Mediterranean islands: a smart contract for remuneration

2022

The Blorin project started at the end of 2019 to support the implementation of a blockchain platform to support the energy services provision from end users by means of Demand Response and Vehicle to Grid programs. The experimental part of the project is being carried out on two Mediterranean islands and inside the University campus in Palermo. Customized smart contracts have been designed to support the active participation of end users to regulation services for the two weak electrical grids of the islands in the view of a deep penetration of renewable energy in the two energy systems. In particular, the smart contract for remuneration accounts for the very special energy situation of isl…

Settore ING-IND/33 - Sistemi Elettrici Per L'EnergiaEnergy blockchainSmart ContractSettore ING-INF/03 - TelecomunicazioniDemand-ResponseBusiness modelsIECON 2022 – 48th Annual Conference of the IEEE Industrial Electronics Society
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Ancillary Services in the Energy Blockchain for Microgrids

2019

The energy blockchain is a distributed Internet protocol for energy transactions between nodes of a power system. Recent applications of the energy blockchain in microgrids only consider the energy transactions between peers without considering the technical issues that can arise, especially when the system is islanded. One contribution of the paper is, thus, to depict a comprehensive framework of the technical and economic management of microgrids in the blockchain era, considering, for the first time, the provision of ancillary services and, in particular, of the voltage regulation service. When more PV nodes are operating in the grid, large reactive power flows may appear in the branches…

BlockchainComputer science020209 energyDistributed computingdis- tributed generation02 engineering and technologyIndustrial and Manufacturing EngineeringElectric power system0202 electrical engineering electronic engineering information engineeringRemunerationElectrical and Electronic Engineeringenergy blockchainGlow- worm Swarm Optimization.Settore ING-INF/05 - Sistemi Di Elaborazione Delle InformazioniP2PSettore ING-INF/03 - Telecomunicazioni020208 electrical & electronic engineeringTransactive energyAC powerGridSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaControl and Systems EngineeringOptimal reactive power flowMicrogridVoltage regulationDatabase transaction
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Blockchain for power systems:Current trends and future applications

2020

Abstract Today, the blockchain is synonymous of technological innovation, being recognized among the 10 top strategy technologies in 2018 by the consulting company Gartner, it is more and more adopted in different sectors. However, the initial enthusiasm around this technology is going beyond the peak of inflated expectations, towards more stable applications in money transactions, cryptocurrencies and Digital Commodity Exchanges. Essentially, misguided efforts, the overuse of blockchain, and the Bitcoin's price drop have been the main reasons for this decay in expectations. Nevertheless, the exploitation of the blockchain technology in the power systems area appears largely underexplored, …

CryptocurrencyBlockchainSupply chain managementDecentralized controlEnergy blockchainRenewable Energy Sustainability and the EnvironmentSettore ING-INF/03 - Telecomunicazioni020209 energy02 engineering and technologyReviewPeer-to-peercomputer.software_genreDecentralised systemSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaElectric power systemAggregationEnergy marketPeer-to-peer0202 electrical engineering electronic engineering information engineeringDecentralized managementEnergy marketBusinesscomputerSupply chain managementIndustrial organization
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The Blockchain in Microgrids for Transacting Energy and Attributing Losses

2017

In recent years novel models for energy distribu- tion appeared and islanded microgrids quest for new ways to exchange energy between consumers and producers without the need of central authorities. The blockchain mechanism has emerged as a distributed solution for recording energy transactions in power systems. The blockchain has been used to permit users bartering and selling energy and to keep track of such exchanges without exposing them to tampering. In this work, we consider a novel application of the blockchain in islanded microgrids that includes also annotating energy losses caused by energy transactions, in order to have a more realistic matching between the physical status of the…

Micro-gridsCryptocurrencyEnergy blockchainBlockchainSettore ING-INF/03 - TelecomunicazioniComputer science020209 energyDistributed computingTransactive energyPhotovoltaic systemBarter02 engineering and technologyAC powerSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaElectric power system0202 electrical engineering electronic engineering information engineeringGrid energy storageMicrogrid2017 IEEE International Conference on Internet of Things (iThings) and IEEE Green Computing and Communications (GreenCom) and IEEE Cyber, Physical and Social Computing (CPSCom) and IEEE Smart Data (SmartData)
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A Technical Approach to the Energy Blockchain in Microgrids

2018

The present paper considers some technical issues related to the “energy blockchain” paradigm applied to microgrids. In particular, what appears from the study is that the superposition of energy transactions in a microgrid creates a variation of the power losses in all the branches of the microgrid. Traditional power losses allocation in distribution systems takes into account only generators while, in this paper, a real-time attribution of power losses to each transaction involving one generator and one load node is done by defining some suitable indices. Besides, the presence of P–V nodes increases the level of reactive flows and provides a more complex technical perspective. For this re…

Settore ING-INF/03 - TelecomunicazioniComputer science020209 energy02 engineering and technologyAC powerBlockchain energy blockchain micro-grids peer-to-peer (P2P) power losses reactive power transactive energyComputer Science ApplicationsReliability engineeringPower (physics)Settore ING-IND/33 - Sistemi Elettrici Per L'EnergiaGenerator (circuit theory)Control and Systems Engineering0202 electrical engineering electronic engineering information engineeringRemunerationNode (circuits)Resource managementMicrogridElectrical and Electronic EngineeringInformation SystemsVoltageIEEE Transactions on Industrial Informatics
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Transparency in transactive energy at distribution level

2017

A recent report from the German Energy Agency analyzes the possible introduction of the blockchain technology in energy transactions in power distribution. The issue deserves attention since the extensive digitalization of business models puts new challenges to utilities in the power sector. The German decision makers in the energy field claim that blockchain appears as a close perspective and, at the same time, the Gartner hypecycle puts this technology at the peak of inflated expectations in 2016. Diffuse perception however provides hints for further investigation on the topic. This paper provides insight into the problem of peer-to-peer energy exchange from a technical perspective, provi…

distributed generationtransactive energyComputer scienceRenewable Energy Sustainability and the Environment020209 energyEnergy (esotericism)Photovoltaic systemBiomedical EngineeringEnergy Engineering and Power Technology02 engineering and technologyAC powerBusiness modelAsset (computer security)Field (computer science)Settore ING-IND/33 - Sistemi Elettrici Per L'EnergiaTransparency (graphic)0202 electrical engineering electronic engineering information engineeringVoltage regulationIndustrial organizationenergy blockchain
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