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Transactive energy systems (TES) are emerging as a transformative solution for the problems that distribution system operators face due to an increase in the use of distributed energy resources and rapid growth in scalability of managing…

Systems and Control · Computer Science 2019-03-06 Yue Zhang , Scott Eisele , Abhishek Dubey , Aron Laszka , Anurag K. Srivastava

In this paper, the privacy and security issues associated with the transactive energy system (TES) deployment over insecure communication links are addressed. In particular, it is ensured that (1) individual agents' bidding information is…

Cryptography and Security · Computer Science 2021-10-19 Yang Lu , Jianming Lian , Minghui Zhu , Ke Ma

Transactive microgrids are emerging as a transformative solution for the problems faced by distribution system operators due to an increase in the use of distributed energy resources and a rapid acceleration in renewable energy generation,…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-02-01 Jonatan Bergquist , Aron Laszka , Monika Sturm , Abhishek Dubey

Transactive energy plays a key role in the operation and energy management of future power systems. However, the conventional operational mechanism, which follows a centralized design, is often less secure, vulnerable to malicious…

Systems and Control · Electrical Eng. & Systems 2020-10-27 Qing Yang , Hao Wang

Transactive Energy Systems (TES) are modern mechanisms in electric power systems that allow disparate control agents to utilize distributed generation units (DGs) to engage in energy transactions and provide ancillary services to the grid.…

Cryptography and Security · Computer Science 2019-10-23 Shivam Saxena , Hany Farag , Hjalmar Turesson , Henry M. Kim

Power grids are undergoing major changes due to rapid growth in renewable energy and improvements in battery technology. Prompted by the increasing complexity of power systems, decentralized IoT solutions are emerging, which arrange local…

Systems and Control · Computer Science 2019-02-05 Aron Laszka , Scott Eisele , Abhishek Dubey , Gabor Karsai , Karla Kvaternik

This manuscript aims to formalize and conclude the discussions initiated during the PriTEM workshop 22-23 March 2023. We present important ideas and discussion topics in the context of transactive energy systems. Moreover, the conclusions…

With the booming of smart grid, The ubiquitously deployed smart meters constitutes an energy internet of things. This paper develops a novel blockchain-based transactive energy management system for IoT-aided smart homes. We consider a…

Systems and Control · Electrical Eng. & Systems 2021-03-11 Qing Yang , Hao Wang

Renewable energy has become a reality in the present and is being preferred by countries to become a considerable part of the central grid. With the increasing adoption of renewables it will soon become crucial to have a platform which…

Power grids are undergoing major changes due to rapid growth in renewable energy resources and improvements in battery technology. While these changes enhance sustainability and efficiency, they also create significant management challenges…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-09-28 Aron Laszka , Abhishek Dubey , Michael Walker , Douglas Schmidt

The development of distributed energy resources, such as rooftop photovoltaic (PV) panels, batteries, and electric vehicles (EVs), has decentralized our power system operation, where transactive energy markets empower local energy…

Systems and Control · Electrical Eng. & Systems 2022-06-29 Yue Chen , Yu Yang , Xiaoyuan Xu

Transactive microgrids have emerged as a transformative solution for the problems faced by distribution system operators due to an increase in the use of distributed energy resources and rapid growth in renewable energy generation.…

Cryptography and Security · Computer Science 2019-10-29 Scott Eisele , Taha Eghtesad , Keegan Campanelli , Prakhar Agrawal , Aron Laszka , Abhishek Dubey

In recent years, many Blockchain based frameworks for transacting commodities on a congestible network have been proposed. In particular, as the number of controllable grid connected assets increases, there is a need for a decentralized,…

Signal Processing · Electrical Eng. & Systems 2019-10-25 Nikhil Ravi , Shammya Saha , Anna Scaglione , Nathan G. Johnson

In the past years trend of microgrids is increasing very fast to reduce peak-hour costs. However, in these systems, third parties are still involved in selling surplus energy. This results in increased cost of energy and there are many…

Cryptography and Security · Computer Science 2024-05-21 Muhammad Awais , Qamar Abbas , Shehbaz Tariq , Sayyaf Haider Warraich

This work presents the design and implementation of a blockchain system that enables the trustable transactive energy management for distributed energy resources (DERs). We model the interactions among DERs, including energy trading and…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-06-07 Qing Yang , Hao Wang , Xiaoxiao Wu , Taotao Wang , Shengli Zhang

Energy storage provides an effective way of shifting temporal energy demands and supplies, which enables significant cost reduction under time-of-use energy pricing plans. Despite its promising benefits, the cost of present energy storage…

Cryptography and Security · Computer Science 2023-03-03 Nan Wang , Sid Chi-Kin Chau , Yue Zhou

With the rapid growth of renewable energy resources, the energy trading began to shift from centralized to distributed manner. Blockchain, as a distributed public ledger technology, has been widely adopted to design new energy trading…

Cryptography and Security · Computer Science 2019-02-21 Naiyu Wang , Xiao Zhou , Xin Lu , Zhitao Guan , Longfei Wu , Xiaojiang Du , Mohsen Guizani

Blockchain is increasingly being used as a distributed, anonymous, trustless framework for energy trading in smart grids. However, most of the existing solutions suffer from reliance on Trusted Third Parties (TTP), lack of privacy, and…

Cryptography and Security · Computer Science 2018-12-21 Ali Dorri , Ambrose Hill , Salil S Kanhere , Raja Jurdak , Fengji Luo , Zhao Yang Dong

In the 21st century, transitioning to renewable energy sources is imperative, with fossil fuel reserves depleting rapidly and recognizing critical environmental issues such as climate change, air pollution, water pollution, and habitat…

Systems and Control · Electrical Eng. & Systems 2026-01-14 Wei-Jen Liu , Wei-Yu Chiu , Weiqi Hua

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 system takes advantage of…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-21 Faizan Ali , Moayad Aloqaily , Omar Alfandi , Oznur Ozkasap
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