Mohammad Nasrinasrabadi, Maryam A. Hejazi, Arefeh Jaberi, Hamed HashemiâDezaki · 5 authors
Cryptocurrencies utilize blockchain technology to ensure transparency, decentralization, and immutability in financial transactions. It is expected that blockchain applications will significantly impact renewable energy markets. However, there is a lack of studies addressing the energy requirements of digital currencies. This research proposes optimizing a hybrid energy system consisting of distributed renewable and non-renewable energy sources, focusing on cryptocurrency mining. Although previous studies have not yet addressed energy system optimization considering cryptocurrency mining farms, the increasing prominence of such farms highlights the growing need for research in this area. The primary renewable sources in the proposed hybrid system include photovoltaic (PV) panels and wind turbines. We employ diesel generators as backup systems to compensate for the intermittent nature of solar and wind energy production. Besides meeting the demands of urban loads, cryptocurrency mining devices will be considered a major energy consumer. In this article, the optimal configuration of the energy system will be determined based on technical and economic indicators. Additionally, economic evaluations will be conducted to assess the income generated from cryptocurrency mining farms, and appropriate approaches will be identified from both technical and financial perspectives, focusing on return on investment (ROI).
The increasing complexity of urban energy systems requires decentralized, sustainable, and scalable solutions. The paper presents a new multi-layered framework for smart energy management in microgrids by bringing together advanced forecasting, decentralized decision-making, evolutionary optimization and blockchain-based coordination. Unlike previous research addressing these components separately, the proposed architecture combines five interdependent layers that include forecasting, decision-making, optimization, sustainability modeling, and blockchain implementation. A key innovation is the use of Temporal Fusion Transformer (TFT) for interpretable multi-horizon forecasting of energy demand, renewable generation, and electric vehicle (EV) availability which outperforms conventional LSTM, GRU and RNN models. Another novelty is the hybridization of Genetic Algorithms (GA) and Particle Swarm Optimization (PSO), to simultaneously support discrete and continuous decision variables, allowing for dynamic pricing, efficient energy dispatching and adaptive EV scheduling. Multi-Agent Reinforcement Learning (MARL) which is improved by sustainability shaping by including carbon intensity, renewable utilization ratio, peak to average load ratio and net present value in agent rewards. Finally, Ethereum-based smart contracts add another unique contribution by providing the implementation of transparent and tamper-proof peer-to-peer energy trading and automated sustainability incentives. The proposed framework strengthens resilient infrastructure through decentralized coordination and intelligent optimization while contributing to climate mitigation by reducing carbon intensity and enhancing renewable integration. Experimental results demonstrate that the proposed framework achieves a 14.6% reduction in carbon intensity, a 12.3% increase in renewable utilization ratio, and a 9.7% improvement in peak-to-average load ratio compared with baseline models. The TFT-based forecasting model achieves RMSE = 0.041 kWh and MAE = 0.032 kWh, outperforming LSTM and GRU by 11% and 8%, respectively.
Abstract Buildings contribute significantly to global energy consumption, positioning them as pivotal to achieving global sustainability and climate goals. Although renewable energy technologies hold significant transformative potential, their integration into building systems is hindered by fragmented technological, economic, policy, and social dimensions. This systematic review addresses the existing lack of holistic synthesis by examining peer-reviewed studies published from 2019 to the second quarter (Q2) of 2025. Methodologically, the study adheres to the PRISMA 2020 framework to ensure transparency and replicability and employs bibliometric analysis to map thematic clusters across disciplines. Five major themes emerged from the synthesis: photovoltaic integration, retrofitting strategies, governance frameworks, smart grid applications, and stakeholder acceptance. Analysis highlights notable regional disparities, with Western Europe and East Asia demonstrating higher integration rates due to robust policy structures and established financial incentives. Conversely, regions like Sub-Saharan Africa and Latin America continue to experience significant barriers linked to financing constraints, regulatory fragmentation, and infrastructural limitations. Community-led microgrid initiatives in Kenya and Brazil emerge as exemplars of successful context-sensitive, low-cost renewable integration, emphasizing the value of inclusive governance and localized solutions. The review reconceptualizes buildings as active socio-technical nodes within decentralized energy networks rather than passive energy infrastructures. For renewable energy integration to progress effectively, coordinated systemic efforts spanning technical innovation, adaptive governance, and behavior-sensitive policy design are imperative. These insights carry substantial implications, offering actionable guidance for policymakers, engineers, and urban planners seeking equitable, contextually appropriate, and scalable renewable energy transitions within the built environment.
Abstract Nigeriaâs urban areas continue to face unreliable electricity supply, rising demand, and dependence on costly, polluting petrol and diesel generators. Hybrid renewable energy systems (HRES) â integrating solar, wind, and battery technologies â offer a viable pathway to provide clean, decentralized, and resilient power. This review critically examines the policy, institutional, and governance factors shaping HRES deployment in urban Nigeria, identifying the key barriers and reforms required to scale adoption. Findings reveal that expansion is constrained by fragmented regulation, weak institutional coordination, limited access to affordable finance, and fossil-fuel subsidies that distort energy prices and discourage renewable investment. Institutional overlap among the relevant agencies further constrains implementation. Technical barriers, such as limited local expertise, high component import costs, and poor grid integration, further elevate project risks and reduce system reliability. The study recommends regulatory harmonization under the new Electricity Act (2023), implementation of performance-based fiscal incentives, and expansion of green financing mechanisms to lower investment risk. Strengthening local manufacturing, research and development, and workforce capacity will be essential to reduce dependence on imports and sustain long-term growth. Finally, promoting gender equity, community participation, and inclusive business models can enhance social acceptance and promote fair distribution of the benefits associated with HRES across all urban populations. Collectively, these measures can accelerate Nigeriaâs transition toward a cleaner, more reliable, and climate-resilient urban energy future.
In the face of escalating environmental concerns and the urgent need for sustainable development, this research article embarks on a meticulous examination of the intricate landscape of sustainable energy economics. Our comprehensive review navigates through recent advancements, challenges, and potential pathways, shedding light on the economic implications of transitioning towards sustainable energy sources.The introduction sets the stage by emphasizing the critical role of sustainable energy in mitigating climate change while simultaneously fostering economic growth. Against this backdrop, the literature review meticulously dissects existing research, providing a foundation for the exploration of recent developments.The analysis begins by scrutinizing global sustainable energy policies, dissecting their economic implications. Policies targeting renewable energy sources are evaluated for their effectiveness, laying the groundwork for a nuanced understanding of the economic ramifications of sustainable energy initiatives.Delving into the financial dimensions, the article explores innovative investment and financing models propelling sustainable energy projects. This includes an examination of public-private partnerships, green bonds, and other mechanisms that mobilize funds for the critical transition towards eco-friendly energy sources.A pivotal aspect of this comprehensive review is the scrutiny of technological innovations. Advancements in solar, wind, and other renewable energy sources are evaluated, along with an exploration of energy storage, smart grids, and decentralized systems. This section underscores the transformative potential of emerging technologies and their consequential economic impacts.Beyond the monetary considerations, our research investigates the broader socio-economic co-benefits associated with sustainable energy adoption. Job creation, poverty alleviation, and improved public health are discussed as positive externalities, contributing to a holistic understanding of the multifaceted impacts of sustainable energy initiatives.However, the research doesn't shy away from addressing challenges and potential trade-offs. Intermittency issues, infrastructure costs, and potential disruptions to existing industries are examined, providing a balanced perspective on the hurdles that must be navigated in the pursuit of sustainable energy solutions.The article further reinforces theoretical concepts through insightful case studies, showcasing regions that have successfully implemented sustainable energy strategies. These real-world examples offer practical insights into effective policy design and implementation, enhancing the applicability of the research findings.As the review concludes, it synthesizes key findings, emphasizing the necessity of a comprehensive understanding of sustainable energy economics for shaping a resilient and environmentally conscious future. The future outlook section provides foresight into potential advancements and challenges, offering practical recommendations for policymakers, researchers, and industry stakeholders navigating the complex landscape of sustainable energy.In summary, this comprehensive review encapsulates the dynamic interplay between economics and sustainability in the realm of energy. It serves as a valuable resource for policymakers and stakeholders alike, providing a roadmap towards a future where economic prosperity aligns seamlessly with environmental stewardship through advancements in sustainable energy economics.
Abstract Non-technical summary DPV systems, typically small to medium-sized solar power installations on buildings, which primarily and directly supply electricity to industrial, commercial, or residential consumers in proximity. DPV is an advocated renewable substation for climate change and energy saving for merits of low installation costs, high energy efficiency, and the ability to provide decentralized power supply. Our research has theoretical significance in explaining and understanding the development and policy evolution of DPV in China and provide valuable suggestions for future industry policies during grid parity. Technical summary Since 2021, China has been phasing out its decade-long feed-in tariff policies, reducing the photovoltaic industry's dependency on subsidies. Despite the challenges posed by declining electricity prices and slowdown in economic growth, the authorities continue to prioritize the development of DPV due to its low investment costs, high energy efficiency, and decentralized power supply, and these technologies have already achieved demand-side parity. Driven by this phenomenon, this study examines the trajectory of DPV diffusion and the evolution of related policies over the last decade. It unravels the dynamic mechanism of DPV investment through theoretical analysis and develops a macro model to identify optimal installation strategies and renewable energy proportions. Our findings highlight the increasing role of green energy and suggest that green finance is crucial for stimulating DPV investment in the era of grid parity. The study concludes with practical recommendations for overcoming DPV challenges in China. Social media summary DPV has become a prominent renewable energy solution in other countries but not in China. We probe the system dynamics modeling to give explanation and solution during grid parity.
This book provides a general overview of virtual power plants (VPP) as a key technology in future energy communities and active distribution and transmission networks for managing distributed energy resources, providing local and global services, and facilitating market participation of small-scale managing distributed energy resources and prosumers. The book also aims at describing some practical solutions, business models, and novel architectures for the implementation of VPPs in the real world. Each chapter of the book begins with the fundamental structure of the problem required for a rudimentary understanding of the methods described. It provides a clear picture for practical implementation of VPP through novel technologies such as blockchain, digital twin, and distributed ledger technology. The book will help the electrical and power engineers, undergraduate, graduate students, research scholars, and utility engineers to understand the emerging solutions regarding the VPP concept lucidly.
Abstract The transition to âSDG7 -modern and sustainable energy for allâ may reconfigure the lives of citizens who live âoutside the gridâ in the rural communities in sub-Saharan Africa. The decentralization approach for developing renewable energy in sub-Saharan Africa has constantly been promoted as a means to rural electrification. This paper reviews the barriers to private sector participation in decentralized electrification projects and the solutions that have been proposed and implemented. It is not only the economic approaches that are analysed but also some of the solutions or drivers that have contributed to rural electrification. There are specific technological pathways which have proven fruitful in sub-Saharan Africa that are unique to its economic and demographic settings and that otherwise would not be adopted or used in developed countries. This paper finally analyses these technological pathways with the objective of matching the drivers and obstacles to potential solutions. Long term energy planning with the integration of regional power pools is instrumental to reduce CAPEX as well as to increase the market size. Blended financing together with already working technologies such as pay-as-you-go, and mobile money will be the pillars to meeting SDG7 goals.
The Green Pact signed by the European Union establishes a trend towards renewable energies to combat the greenhouse gas emissions. Among the technologies used to produce this type of energy, wind power generation technology stands out, which, in countries such as Spain, already has significant installed power. The main problems posed by this technology plans are the uncertainty intervals of wind power and its inclusion in the electricity market, due to the complex price system that does not always favor the producers. The main purpose of this research is to promote the installation of more wind power plants. For this, the installation of cryptocurrency mining equipment is proposed, which will be powered by the generation produced by these wind power plants. The article analyzes the production of cryptocurrencies is a growing business. In the research process, the latest cryptocurrency mining equipment is evaluated. It is analyzed which equipment is the most suitable for its installation in the wind power plant and an economic study is made for the construction project of a large wind power plant. Finally, it will be seen that in this way the amortization time of the facilities decreases and also the project is more attractive for the investor since they can decide between injecting energy into the electrical network or mining cryptocurrencies. If a wind power plant invests in cryptocurrency mining in parallel to the production of electrical energy for the grid, it can decide when to enter the electricity market pool or engage in mining. In this way, the idea of building many more wind power plants becomes more attractive. This would lead to a market where this renewable energy would be much more abundant and the price curve would shift to a lower price, as well as a significant reduction in greenhouse emissions.
This paper presents the PEACEFULNESS software platform (Platform for transvErse evAluation of Control stratEgies For mULti-eNErgy Smart gridS), an open framework dedicated to multi-energy smart-grids, based on a techno-economic model that integrates economic considerations (contracts). As such, it is mainly oriented towards the evaluation of multi-energy grid supervision strategies, that is, energy management, and the corresponding policies and legal organization. The main goal is then to highlight the various possible behaviors and strategies to organize the probable future interconnections between the different energy carriers. In particular, it aims at investigating how to maximize the use of renewable energy sources (RES), using Demand Side Management (DSM) techniques and energy storage, in a shared economy context. The open-source tool PEACEFULNESS, written in Python, is described here in detail. It combines a top-down description of the energy networks and connections between the various agents (energy providers, distribution system operators, aggregators, consumers, producers, prosumers, etc.), together with a techno-economic bottom-up description for all devices. Here, both public databases and usersâ data (basic heating demands or based on building modeling) can be used, as well as generic or more specific models (e.g., PV panels with constant or temperature-dependent efficiency). One of its major unique features compared with other tools is that it extends the use of DSM techniques to various energy grids which can also interact together. Furthermore, different economic models can be set for both the aggregators and the customers, and even within these groups. As a last competitive advantage, PEACEFULNESS allows the user to simulate the operation and supervision of tens up to hundreds of thousands of agents. It also provides a reporting system giving access to all the data, with a configurable granularity and frequency for the retained indicators. Finally, several validation cases are presented, followed by a series of test cases with increasing size: a smart home, a smart district (2 000 dwellings) and a smart community (50 000 dwellings).
Abstract This study aims to provide detailed information on the key technologies that utilize renewables for decarbonization and electrification of the residential heating sector. To contextualize and compare the economics of the technologies, a levelized cost model is employed to perform a comparative analysis for a dense urban area in Switzerland. The outcome shows that decarbonization of the heat supply with a dominant share of renewables is feasible, but it is challenged by the high cost of some options. In the given context (current energy and CO 2 prices, no coercive measures), the rapid shift from conventional boilers to electrification via decentralized heat pumps and/or the introduction of targeted small-scale thermal energy networks utilizing cheap local resources like industrial excess heat is the most viable option. The replacement of natural gas boilers with electrification technologies also is recommendable because it would result in a sixfold reduction in specific CO 2 emissions. Wide-scale application of heat pumps may require significant electricity grid reinforcement which ultimately may escalate the costs. Large-scale district heating systems are currently relatively expensive due to the high network costs and require a sustainable financing mechanism. To speed up the energy transition, policy interventions by the government are urgently needed.
To reach international climate goals, the research about energy consumption have to focus more on existing buildings. In the building sector, the increase of energy efficiency of buildings will not be sufficient to reduce the consumption of fossil resources significantly. Therefore the application of renewable energies have to increase as well. Seasonal heat storage systems can support this process because the storage enables heat supply and heat demand to be decoupled time-wise. Nevertheless, innovative systems, which are using renewable energy for heating, are always in a competition with conventional heating systems, which are using gas or oil. They must be equally efficient in technical and economic aspects. For that reason, this study is focused on the comparison of a heat supply with seasonal heat storage systems in connection with a solar thermal system and a heating system with gas. For this comparison a technical system and an operating model was established. This system was analyzed by his economic parameters with complete finance plans. As a result, it is shown, that sustainable heat supply is not much more expensive than conventional heat supply. In addition, the social acceptance of different stakeholder is affected by these parameters. Therefor expert interviews with investors were done.
Both district heating and solar collector systems have been known and implemented for many years. However, the combination of the two, with solar collectors supplying heat to the district heating network, is relatively new, and no comprehensive review of scientific publications on this topic could be found. Thus, this paper summarizes the literature available on solar district heating and presents the state of the art and real experiences in this field. Given the lack of a generally accepted convention on the classification of solar district heating systems, this paper distinguishes centralized and decentralized solar district heating as well as block heating. For the different technologies, the paper describes commonly adopted control strategies, system configurations, types of installation, and integration. Real-world examples are also given to provide a more detailed insight into how solar thermal technology can be integrated with district heating. Solar thermal technology combined with thermally driven chillers to provide cooling for cooling networks is also included in this paper. In order for a technology to spread successfully, not only technical but also economic issues need to be tackled. Hence, the paper identifies and describes different types of ownership and financing schemes currently used in this field.
Open access
Integrated Energy Systems Optimization
Solar Thermal and Photovoltaic Systems
Thermodynamic and Exergetic Analyses of Power and Cooling Systems