Komeil Moghaddasi, Raja Jurdak, Sara Khalifa, Yuchen Zhang · 7 authors
The rapid growth of distributed energy resources (DER) such as rooftop photovoltaics (PV), battery storage, electric vehicles (EV), and flexible loads, is shifting power system coordination from centralised control centres to millions of prosumers and local controllers at the distribution level. This transition has led to many new coordination approaches across control, market, and learning-based models, which are often described as decentralised. However, this term is applied inconsistently: it may refer to decomposed optimisation, edge computing, peer-to-peer (P2P) trading, or distributed ledger technology, obscuring what is actually being decentralised, authority, computation, information, or topology. Existing surveys typically address one such concept in isolation, for example, microgrid control structures, energy management system (EMS) topologies, or market designs, without providing a unified, multi-dimensional view across the full coordination landscape. In this survey, we propose a six-tier graduated decentralisation scale for distribution level coordination architectures, accompanied by a set of classification criteria that we apply to systematically map and compare recent architectures. We discuss how topology, decision-making, autonomy, intelligence, information flow, and coordination mechanisms evolve as architectures move from centralised to more decentralised operation. We further identify concrete research gaps, and outline future directions for deployment grade, multi-actor grid coordination.
Prosumer communities, aggregations of residential and commercial entities equipped with distributed energy resources (DER), including photovoltaic systems, battery storage, and flexible loads, are emerging as critical organizational units in decarbonising smart grid architectures. Managing these communities effectively requires balancing economic efficiency with equity, autonomy, and environmental sustainability, objectives that conventional centralized control methods and existing multi-agent reinforcement learning (MARL) implementations fail to address simultaneously. This article proposes a value-aligned hierarchical multi-agent reinforcement learning (VA-HMARL) framework as a formally unified architecture that embeds equity (Jainâs Fairness Index J â„ 0.90), individual autonomy, and carbon sustainability as hard constraints within the MARL reward structure. The framework integrates: a multi-objective Value Alignment Module (VAM) combining economic, fairness, sustainability, and comfort objectives; attention-based implicit coordination for scalable agent interaction; and differentially private federated policy aggregation (Δ = 1.0, ÎŽ = 10â5) for GDPR-compliant collaborative learning. Simulation on a 20-prosumer community modelled on the IEEE 33-bus feeder over 10 Monte Carlo runs (300 episodes each) demonstrates: a 6.2% energy cost reduction versus the Rule-Based baseline (p = 0.0004); a Jainâs Fairness Index of 0.912 ± 0.031 at policy convergence (final 50 episodes), satisfying the J â„ 0.90 community equity floor; and an 18.0% reduction in CO2 emissions. The economic efficiency trade-off relative to performance-optimized MARL baselines is limited to 2.4%, within the 5% design target. These results establish VA-HMARL as a technically feasible and ethically grounded paradigm for autonomous decentralized energy governance.
Distributed Energy Resources (DER) such as solar PV, wind micro-turbines, smart inverters, electric vehicles (EVs), and home energy storage systems are rapidly increasing in modern power systems. However, their decentralized nature introduces complexities in coordination, demandâsupply balancing, and resilience. Existing blockchain-based DER frameworks primarily focus on peer-to-peer (P2P) trading, security, and certificate validation, but lack mechanisms for coordinated swarm-like behaviour among DER units. This paper introduces a novel conceptâBlockchain-Based Swarm Coordination of DER Clusters, inspired by swarm intelligence principles such as self-organization, collaboration, local decision-making, and emergent global behaviour. The proposed system integrates blockchain, multi-agent coordination, and decentralized smart contracts to enable secure, autonomous, and scalable coordination of DER clusters. A layered architecture, cluster formation mechanism, consensus-driven decisioning, and energy-sharing algorithms are presented. The framework significantly enhances grid flexibility, improves energy distribution efficiency, reduces central-dependency, and enables real-time proactive response during grid fluctuations. Simulation-driven conceptual outcomes demonstrate improved DER responsiveness, fault tolerance, trust, and transparency. This work establishes a new research direction by merging blockchain with swarm intelligence for next-generation decentralized energy systems.
Abdullah Umar, Prashant K. Jamwal, Deepak Kumar, Nitin Gupta · 6 authors
Renewable-driven microgrids require transparent and adaptive coordination mechanisms to manage variability in distributed generation and flexible demand. Conventional pricing schemes and centralized demand-side programs are often insufficient to regulate real-time imbalances, leading to inefficient renewable utilization and limited prosumer participation. This work proposes a blockchain-integrated Stackelberg pricing model that combines real-time price regulation, optimal demand-side management, and peer-to-peer energy exchange within a unified operational framework. The Microgrid Energy Management System (MEMS) acts as the Stackelberg leader, setting hourly prices and demand response incentives, while prosumers and consumers respond through optimal export and load-shifting decisions derived from quadratic cost models. A distributed supplyâdemand balancing algorithm iteratively updates prices to reach the Stackelberg equilibrium, ensuring system-level feasibility. To enable trust and tamper-proof execution, smart-contract architecture is deployed on the Polygon Proof-of-Stake network, supporting participant registration, day-ahead commitments, real-time measurement logging, demand-response validation, and automated settlement with negligible transaction fees. Experimental evaluation using real-world demand and PV profiles shows improved peak-load reduction, higher renewable utilization, and increased user participation. Results demonstrate that the proposed framework enhances operational reliability while enabling transparent and verifiable microgrid energy transactions.
Ileana Maria Muntean, Radu TĂźrnovan, Horia G. Beleiu
As renewable generation becomes increasingly deployed at the local level, the reliability of microgrids depends not only on physical infrastructure but also on the credibility of the measurement data driving energy control decisions. In conventional Energy Management Systems (EMS) architectures, monitoring is implicitly assumed to be correct, even though no mechanism exists to verify the authenticity or integrity of the received data. This gap can lead to suboptimal or misleading control actions, especially in distributed environments involving multiple stakeholders. This paper introduces a trust-by-design approach in which monitoring and energy management processes are natively supported by a lightweight Distributed Ledger Technology (DLT) layer embedded within the EMS. Rather than relying on external trust assumptions, the proposed mechanism ensures built-in traceability and tamper-evidence, enabling independent validation of the microgridâs operational history. A simple renewable microgrid with battery storage is used as a demonstrative case study to show how a DLT-based ledger can safeguard measurement integrity and control decisions without adding technical complexity to the EMS itself. The results demonstrate that verifiable data flows and tamper detection significantly enhance the transparency and robustness of EMS architectures, while enabling future extensions towards predictive or AI-assisted control strategies.
The integration of renewable energy sources (RES) into modern power grids has enabled decentralized energy generation at the community level, fostering peer-to-peer (P2P) energy trading among prosumers and microgrids. Accurate forecasting of household energy consumption and photovoltaic (PV) generation is critical for optimizing energy flows, enhancing grid reliability, and enabling cost-effective trading decisions. This paper presents an intelligent energy trading platform that integrates machine learning-based forecasting, battery-aware decision-making, and blockchain-enabled transactions to facilitate secure and efficient local energy exchange. Using historical smart meter and weather data from London households, multiple forecasting models including GRU, LSTM, Random Forest, and XGBoost were trained and evaluated. The GRU model achieved superior performance in predicting energy consumption, while Random Forest produced the most accurate PV generation forecasts. These predictions were combined with household battery levels to dynamically determine next-day operational roles: Buyer, Seller, Store, or Use Battery. Unlike conventional fixed-threshold approaches, the framework supports user-defined variable battery thresholds, allowing personalized energy management strategies. The proposed decision-making model achieved an accuracy of 90.72 % for one random block, and extended simulations across 29 different random household blocks confirmed its robustness with an average accuracy of 88.69 % (95 % CI: 87.9â89.6 %). In the trading phase, households participate in a decentralized energy trading platform powered by blockchain and smart contracts. Based on the next-day forecasts, a linear programming-based optimization algorithm matches buyer requests and seller offers to minimize the total system cost while ensuring fairness and efficient energy allocation. To assess its performance, the proposed optimization approach was compared against a greedy matching algorithm where sequential matching is done without a cost optimization and a grid baseline scenario where no storage/sharing of energy takes place. The optimized matching consistently achieved substantially lower trading costs across all households demonstrating superior efficiency, fairness, and scalability compared to the benchmark methods. All transactions are executed securely and transparently on the blockchain through Ethereum-based smart contracts, which automate energy trading, pricing, and settlement. A user-friendly web interface was developed to allow participants to monitor and interact seamlessly with the platform. Overall, this battery-aware, community-driven trading framework showcases how intelligent energy forecasting, cost-optimized decision-making, and blockchain-enabled trading can collectively enhance energy autonomy, cost savings, and renewable energy utilization at both the household and community levels.
The integration of renewable energy sources (RES) and distributed energy resources (DER) into local energy markets is transforming modern power grids toward a decentralized architecture. To enhance the efficiency of decentralized energy trading, blockchain technology has been widely adopted in constructing peer-to-peer energy trading platforms, providing incentives for renewable energy generation and utilization. However, the rapid growth of small-scale suppliers and intermittent DERs introduces significant challenges to grid stability, including supplyâdemand imbalances and voltage fluctuations. To address these challenges, we propose a blockchain-based energy trading system architecture designed to enable a self-regulating, sustainable, and resilient grid. The proposed system architecture achieves grid stability through three key components: (i) precise endpoint control via AI Agents with lightweight forecasting models integrated into existing hardware systems, (ii) flexible distributed control through an efficient incentive mechanism, named Proof of Prediction, based on a blockchain-based automated trading process, and (iii) macro-level coordination via global regulation roles. We implemented a prototype of the proposed architecture on the Ethereum Blockchain and applied it to a microgrid-scale distributed automated trading environment. Our evaluation results show that using the architecture we proposed achieves a peak-shaving rate of up to 29.6%, while maintaining the overall supplyâdemand deviation of around 5% on average, demonstrating its strong potential as a foundation for building stable and modern power grids.
Abdullah Umar, Sumit Kumar Jha, Deepak Kumar, T. K. Ghose · 5 authors
In isolated microgrids, distributed energy resources (DERs) such as small-scale generators, energy storage systems, and flexible loads operate independently from the main grid. The challenge is to optimize these resources to minimize user costs while ensuring microgrid stability and efficiency. This paper presents an optimization framework for DERs, leveraging a game-theoretical approach to demand-side management (DSM) in an isolated microgrid environment. Each participant aims to minimize their total cost by strategically managing renewable energy generation, storage, and consumption. The framework models the DSM problem as a noncooperative game, identifying equilibrium points where no user can unilaterally reduce costs. The proximal decomposition algorithm is employed to iteratively update user strategies, ensuring convergence to a Nash equilibrium. Furthermore, a blockchain-based system with smart contracts is integrated to automate critical processes, including registration, event detection, DSM actions, and incentive distribution. This integration enhances transparency, security, and efficiency in the microgrid. During the registration phase, all devices are authenticated and authorized through a secure, transparent blockchain ledger. Event detection is managed by the microgrid Energy Management System (EMS), which continuously monitors voltage and frequency levels, triggering predefined smart contract responses to maintain stability. DSM actions are automatically executed by smart contracts, adjusting energy loads, generation, and storage to balance supply and demand dynamically. The smart contracts also manage the economic incentives that drive participant engagement. They calculate and distribute incentives based on predefined criteria, ensuring accurate and prompt allocation. This process is recorded on the blockchain, providing an immutable and auditable trail of actions and rewards. By leveraging blockchain technology and a game-theoretical approach, the proposed framework ensures continuous optimal operation despite fluctuations in energy demand and renewable generation. This dynamic and adaptive model promotes decentralized and efficient energy management within the microgrid, fostering a resilient and sustainable energy ecosystem.
Ernest Ozoemela Ezugwu, Samuel Okechukwu Okozi, Okonkwo S. Hilary, Edet G. Godwin · 6 authors
Blockchain technology, smart contract and microgrid systems have facilitated innovations and breakthroughs in the electricity industry. The once bundled electricity market dominated by a few key players is now gradually becoming unbundled to a more consumer-centric market due to these new technologies. To facilitate the use of community microgrids, this study develops a new trend in peer-to-peer energy trading. In this work, a model for a smart microgrid system, a decentralized energy trading platform based on blockchain, and smart contract technologies is proposed, considering an islanded community microgrid network of energy prosumers. Smart meters were used to ensure the bi-directional flow of data and power, thereby giving prosumers control over their power usage. Storage and validation of participantsâ data are stored on the blockchain network, which has a strong feature of decentralization, transparency, security and data immutability. The smart contract automatically executes power delivery and transfer of tokens from the buyerâs wallet to the sellerâs energy wallet based on the transaction logic and protocol. A web-user interface was designed to enable the ease of transactions by market participants and the web-user interface was designed on React.Javascript while the smart contract codes were done on the solidity programming language. Algorithms were also developed for the market trade operations in real time and sets of mathematical equations were formulated for energy pricing based on the supply and demand philosophies to curtail over-pricing and underpricing of energy.
Peer-to-peer (P2P) electricity trading has received a lot of attention in the last decade and recently there has been growing interest in the evaluation of market design, classical methods, and novel approaches for multi-energy trading. The existing literature only focused on electricity/electric-gas/electric-heat networks. Therefore, a comprehensive analysis of P2P multi-energy trading (P2P-MET) in a decentralized network is required for the multi-energy like electricity, hydrogen gas, and heat all in one framework for a sustainable future. This review study aims to provide an in-depth understanding of P2P-MET in a decentralized network including layers-defined multi-source network configurations, trading platforms, classical methods, novel approaches, and mechanisms. Considering MET, the rising number of prosumers take advantage of the opportunity and make this complicated decentralized network more complex. To handle the network complexities, smart contracts using distributed ledger-based blockchain, novel algorithm-based game theory, and some other approaches are reviewed. Furthermore, this review study covers the limitations, challenges, opportunities, and benefits of P2P-MET as well as current trends and future directions for a better understanding of the readers. It concludes that P2P-MET using blockchain/game theory in decentralized networks is alternatively better and more secure. âą An overview of P2P multi-energy trading (MET) reviewed in a decentralized network. âą This paper presents classical methods and core approaches for P2P-MET. âą Numerous pilot and under-developed projects implemented globally are reviewed. âą Simulating tools commonly used by researchers for P2P-MET are briefly discussed. âą Current trends and future directions are reviewed for P2P-MET sustainable future.
Park microgrids, valued for their efficiency and flexibility, require privacy-conscious energy management to ensure a trusted scheduling and trading environment. This paper, focusing on park microgrids with shared energy storage, designs an energy management strategy that comprehensively considers shared energy storage, scheduling transparency, and privacy security. First, a blockchain-based energy management platform is established, forming an energy dispatch consensus committee to execute decentralized scheduling management and decision-making. Next, an optimized energy scheduling smart contract for park microgrids is designed, considering Time-of-Use (ToU) pricing and storage arbitrage to formulate the day-ahead electricity purchase and sales plans as well as the shared energy storage operation plans. Then, a privacy protection strategy based on the Shamir secret sharing scheme is proposed, effectively preventing data leakage during blockchain interactions. Finally, through case analysis, the superiority of the proposed method in microgrid optimized scheduling, data tamper-resistance, and privacy protection is demonstrated.
Presently Rural Energy Communities (REC) are faced with challenges such as the inefficient distribution of energy from Renewable Energy Sources (RES), unfair pricing, and the inclusion of prosumers into the electricity market. Therefore, this article proposed an approach that employed enabling technologies such as Distributed Ledger Technologies (DLT), self-enforcing smart contracts-enabled Internet of Things (IoT), and Artificial Intelligence (AI) for sustainable energy sharing and tracking in REC. Additionally, a model is proposed based on key factors that influence the adoption of enabling technologies in REC. For the methodology qualitative data is collected from secondary sources and descriptive analysis is employed to present the key findings. Key findings from this study contributes to develop a decarbonized, decentralized, and digitized energy management approach to support the sustainability of REC. The deployment of AI can facilitate prediction short-term energy planning for RES production and consumption based on real-time data from IoT devices. More importantly, findings from this study presents use case scenarios of energy sharing and tracking, and green electric vehicle charging in REC suggesting that DLT based smart contracts, IoT, and AI offers an effective approach to accelerate the sharing and tracking of RES in REC. Besides, DLT and smart contracts enables real-time electricity consumption monitoring, energy trading management, and pricing.
This study proposes a novel framework for smart homes to optimize energy consumption and production, leading to reduced costs and a more reliable grid. The framework schedules the use of controllable appliances and renewable energy sources while considering uncertainties in production, real-time market prices, and uncontrollable household loads. By incorporating both incremental and real-time pricing models, the system discourages excessive consumption during peak hours. The core innovation lies in a two-stage scheduling approach implemented using GAMS software. This method minimizes the expected total cost while accounting for limitations on controllable loads, power supply, production resources, battery performance, and overall home energy balance. Additionally, the framework leverages the previous dayâs bilateral contract and allows residents to adjust desired lighting levels based on current market fluctuations. Simulations demonstrate the programâs effectiveness in reducing both net energy costs and peak load on the electricity grid.
The advancement and proliferation of digitalization and communication infrastructure have facilitated the rise of real-time bidding markets in smart grids. In these dynamic markets, energy distribution companies and power-generating companies interact to establish energy exchange contracts based on offered prices. However, the fluctuation in power flow resulting from contract changes within the real-time bidding market introduces a potential vulnerability that malicious attackers can exploit to launch successful stealthy attacks. To enhance the smart grid resiliency against cyber-attack in the power market bidding environment, a new barrier-function adaptive finite-time trajectory tracking control is proposed in this paper. The developed controller is utilized to actively counteract and mitigate potential cyber-attacks to ensure their rejection and prevention. The stability analysis convincingly demonstrates the rapid convergence of system states within a finite time frame, empowering the system to effectively reject cyber-attacks in real-time. Test results of an IEEE test systems, considering governor dead bound nonlinearity and communication time delay are presented and compared with those obtained from other methods to ensure and demonstrate the performance of proposed method. The Speedgoat real-time target machine, along with Simulink real-time, validates the effectiveness of the proposed method.
Meeting the targets of Sustainable Development Goal (SDG) 7, which focuses on ensuring access to affordable, reliable, sustainable, and modern energy for all, poses significant challenges. Overcoming these hurdles requires innovative solutions that can bridge the gap between current capabilities and future needs. Swarm electrification emerges as a promising concept that could accelerate progress towards achieving SDG 7 goals by leveraging the collective power of decentralized energy resources. This paper presents a literature review on swarm electrification and related insights from case studies. The study delves into the concept of swarm electrification, placing it within the context of the prevailing trends in the power system sector: decentralization, decarbonization, and digitalization. It examines the role of digital technologies in enhancing swarm electrification and categorizes application areas according to the phases of swarm electrification. Particular attention is given to the technologies underpinning Deep Digitalization, such as distributed ledger technology, notably blockchain, and artificial intelligence, with a focus on machine learning. These technologies play pivotal roles in advancing swarm electrification. The review demonstrates how deep digitalization can facilitate the improvement of swarm electrification and ultimately support the integration of bottom-up initiatives with top-down grid expansion efforts over time.
Dynamic energy contracts, offering hourly varying day-ahead prices for electricity, create opportunities for a residential Battery Energy Storage System (BESS) to not just optimize the self-consumption of solar energy but also capitalize on price differences. This work examines the financial potential and impact on the self-consumption of a residential BESS that is controlled based on these dynamic energy prices for PV-equipped households in the Netherlands, where this novel type of contract is available. Currently, due to the Dutch Net Metering arrangement (NM) for PV panels, there is no financial incentive to increase self-consumption, but policy shifts are debated, affecting the potential profitability of a BESS. In the current situation, the recently proposed NM phase-out and the general case without NM are studied using linear programming to derive optimal control strategies for these scenarios. These are used to assess BESS profitability in the latter cases combined with 15 min smart meter data of 225 Dutch households to study variations in profitability between households. It follows that these variations are linked to annual electricity demand and feed-in pre-BESS-installation. A residential BESS that is controlled based on day-ahead prices is currently not generally profitable under any of these circumstances: Under NM, the maximum possible annual yield for a 5 kWh/3.68 kW BESS with day-ahead prices as in 2023 is EUR 190, while in the absence of NM, the annual yield per household ranges from EUR 93 to EUR 300. The proposed NM phase-out limits the BESSâs profitability compared to the removal of NM.
Renewable electrical energy (such as: solar and wind energies) generation in microgrids (MGs), is gaining attention to reduce greenhouse gas emissions. Microgrid operators (MOs) aim to create self-sufficient, environmentally sustainable grids, increasing the capacity of renewable energy sources (RESs) by up to 100%. Despite of the benefits of this trend, challenges arise from non-controlled characteristics of these power generations and their seasonal variations, causing fluctuations and renewable energy curtailment. Although the technical solutions; such as: the demand response (DR) programs, and the conventional electrical energy storage systems (EESSs) can help, however those may face limitations in countries with high seasonal energy generation and consumption variations. This paper introduces cryptocurrency mining loads (CMLs) as innovative virtual energy storage systems (VESSs), named cryptocurrency energy storage systems (CESSs). It proposes a structure to store excess renewable energy in cryptocurrency units (CCUs) like Bitcoin (BTC). CESSs can be charged during off-peak intervals and, conversely, they discharge during high-demand periods to reduce the overall operational cost of MGs. Furthermore, it presents a new energy management system (EMS) formulation for the optimal operation of MGs in the presence of CESSs, providing an opportunity to generate additional electricity from RESs and to mitigate renewable energy curtailment. This paper explores the optimal operation conditions of both islanded and grid-connected MG with the proposed CESS. Utilizing a dataset from an island in Finland as a practical MG, its effectiveness is demonstrated through several case studies. The results of one case study in this paper demonstrate that the proposed CESS can decrease the operating cost of the MG by about 46.5%. Additionally, it is showed that by application of CESS the renewable energy curtailment is significantly reduced, and approached zero.
Kuo-Yang Wu, Tzu-Ching Tai, Bo-Hong Li, ChengâChien Kuo
Under net-zero objectives, the development of electric vehicle (EV) charging infrastructure on a densely populated island can be achieved by repurposing existing facilities, such as rooftops of wholesale stores and parking areas, into charging stations to accelerate transport electrification. For facility owners, this transformation could enable the showcasing of carbon reduction efforts through the self-use of renewable energy while simultaneously gaining charging revenue. In this paper, we propose a dynamic energy management system (EMS) for a solar-and-energy storage-integrated charging station, taking into consideration EV charging demand, solar power generation, status of energy storage system (ESS), contract capacity, and the electricity price of EV charging in real-time to optimize economic efficiency, based on a real-world situation in Taiwan. This study confirms the benefits of ESS in contracted capacity management, peak shaving, valley filling, and price arbitrage. The result shows that the incorporation of dynamic EMS with solar-and-energy storage-integrated charging stations effectively reduces electricity costs and the required electricity contract capacity. Moreover, it leads to an augmentation in the overall operational profitability of the charging station. This increase contains not only the revenue generated from electricity sales at the charging station but also the additional income from surplus solar energy sales. From a comprehensive costâbenefit perspective, introducing this solar-and-energy storage-integrated EMS can increase facility ownersâ net income by 1.25 times compared to merely installing charging infrastructure.
Mateo D. Roig Greidanus, GabâSu Seo, Sudip K. Mazumder
This paper presents a unified multi-timescale control approach for a power system with distributed energy resources to achieve cyber-resilient operation. The proposed concept combines two cyber-resilient control methods: proactive and reactive methods. The proactive method uses a blockchain that ensures measurement and control data can be securely exchanged among grid assets and also derives control set points as a load-sharing supervisory control, with an embedded logic called chaincode. The proactive method ensures data integrity, but it inherits stochastic latency with significant standard deviation due to the nature of the distributed ledgers and security measures, leading to challenges in control. To overcome this trade-off, the reactive approach uses event-driven communication. For this approach, rather than communicating the complete data, a lightweight data packet is communicated in a peer-to-peer fashion. Therefore, it guarantees driving the system into a stable operation in case the proactive operation degrades with insufficient latency. To validate the concept, Hyperleger Fabric blockchain 2.2 is used to characterize the latency and is customized for an inverter control system in this study. Based on the use case, a stability analysis is presented to evaluate the impact of the variable delay and to identify the need for a reactive approach to mitigate the effects of a prolonged delay in the proactive method. A test bed with two hardware inverter prototypes and a custom blockchain programmed with the unified method is developed for validation. A set of hardware experimental results validates the methodology and demonstrates the inverter system operations achieving frequency recovery and load-sharing restoration based on the unified control method.
Julia Groza, Seyyed Ali Sadat, Koami Soulemane Hayibo, Joshua M. Pearce
To assist electric utilities to overcome limitations of centralized billing and encourage distributed production of solar photovoltaic (PV) electricity, this study designs and assesses a novel open-source autonomous virtual utility to monitor users and enable peer-to-peer trading. This study provides system design and software implementation of the concept using blockchain technology written in Solidity and Truffle. A set of smart contracts adds users to a system and monitors their demand, PV generation, and facilitates transactions between users on an hourly basis when one user has PV-generated excess electricity, and another has demand. Unit tests for each of the contractsâ methods are developed in Solidity, and data on gas usage and costs is collected. Once the contracts have been written and evaluated, a JavaScript simulation is developed to use the contracts on real load and PV generation data for one year on an hourly basis. The results of two case studies are quantified: 1) true peers, where all houses are prosumers with rooftop PV, and 2) intermittent transition case, where PV deployment and demand are more varied. The results found that with ten users in the system, the true peers case study resulted in an uneconomic number of exchanges, but the intermittent transition case study resulted in more than a factor of twenty increases in exchanges and net cost savings. The savings more than doubles for both cases when time of use pricing is in effect. The system utility increases with more variability of PV production across participating users and is recommended for utilities targeting increases in distributed generation during the energy transition.
As the current global environment is deteriorating, distributed renewable energy is gradually becoming an important member of the energy internet. Blockchain, as a decentralized distributed ledger with decentralization, traceability and tamper-proof features, is an important way to achieve efficient consumption and multi-party supply of new energy. In this article, we establish a blockchain-based mathematical model of multiple microgrids and microgrid aggregatorsâ revenue, consider the degree of microgrid usersâ preference for electricity thus increasing usersâ reliance on the blockchain market, and apply the one-master-multiple-slave Stackelberg game theory to solve the energy dispatching strategy when each market entity pursues the maximum revenue. The simulation results show that the blockchain-based dynamic game of the multi-microgrid market can effectively increase the revenue of both microgrids and aggregators and improve the utilization of renewable energy.
Iacopo Savelli, Hanumantha Rao Bokkisam, Paul Cuffe, Thomas Morstyn
The large deployment of renewable generation required to reach net-zero carbon emission requires significant investments in transmission network infrastructure to reduce grid congestion, as well as costly investments in dispatchable assets to manage the intermittency of renewable energy. The provision of flexibility services to system operators represents an additional method that could help solve these issues. However, this requires the engagement of a large number of small users, such as households and small commercial firms, that usually cannot directly participate in electricity markets due to their limited size. Blockchain technologies leveraging smart contracts can provide an autonomous, cost-saving and transparent tool to help engage these users in the provision of flexibility services to the grid. The aim of this paper is to design a new market layer for the on-demand provision of flexibility services by using smart contracts fully integrated with existing national-scale electricity markets. We demonstrate how this model can co-exist with the current electricity market architecture in Great Britain (GB), providing a whole-system least-cost solution to solve grid congestion and energy imbalances. Simulations based on a high-fidelity network of GB highlight the potential benefit that the proposed approach could create at the national scale.
The paradigm shift from a coal-based power system to a renewable-energy-based power system brings more challenges to the supply-demand balance of the grid. Distributed energy resources (DERs), which can provide operating reserve to the grid, are regarded as a promising solution to compensate for the power fluctuation of the renewable energy resources. Small-scale DERs can be aggregated as a virtual power plant (VPP), which is eligible to bid in the operating reserve market. Since the DERs usually belong to different entities, it is important to investigate the VPP operation framework that coordinates the DERs in a trusted manner. In this paper, we propose a blockchain-assisted operating reserve framework for VPPs that aggregates various DERs. Considering the heterogeneity of various DERs, we propose a unified reserve capacity evaluation method to facilitate the aggregation of DERs. By considering the mismatch between actual available reserve capacity and the estimated value, the performance of VPP in the operating reserve market is improved. A hardware-based experimental system is developed, and numerical results are presented to demonstrate the effectiveness of the proposed framework.