Related papers: VPT: Privacy Preserving Energy Trading and Block M…
The advent of distributed energy resources (DERs), such as distributed renewables, energy storage, electric vehicles, and controllable loads, \rv{brings} a significantly disruptive and transformational impact on the centralized power…
This paper presents an optimal peer-to-peer (P2P) energy transaction mechanism leveraging decentralized blockchain technology to enable a secure and scalable retail electricity market for the increasing penetration of distributed energy…
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…
This paper introduces peer to peer (P2P) trading mechanisms based on decentralized Blockchain to facilitate retail electricity market for ever-increasing distributed energy resources (DERs). The Blockchain network supports fast and secure…
Retail energy markets are increasingly consumer-oriented, thanks to a growing number of energy plans offered by a plethora of energy suppliers, retailers and intermediaries. To maximize the benefits of competitive retail energy markets,…
The mushrooming of distributed energy resources turns end-users from passive price-takers to active market participants. To manage those massive proactive end-users efficiently, virtual power plant (VPP) as an innovative concept emerges. It…
The smart grid incentivizes distributed agents with local generation (e.g., smart homes, and microgrids) to establish multi-agent systems for enhanced reliability and energy consumption efficiency. Distributed energy trading has emerged as…
The rapid deployment of distributed energy resources (DERs) is one of the essential efforts to mitigate global climate change. However, a vast number of small-scale DERs are difficult to manage individually, motivating the introduction of…
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…
In this paper, we propose a decentralized, privacy-friendly energy trading platform (PFET) based on game theoretical approach - specifically Stackelberg competition. Unlike existing trading schemes, PFET provides a competitive market in…
Virtual power plant (VPP) provides a flexible solution to distributed energy resources integration by aggregating renewable generation units, conventional power plants, energy storages, and flexible demands. This paper proposes a novel…
In peer-to-peer (P2P) energy trading, a secured infrastructure is required to manage trade and record monetary transactions. A central server/authority can be used for this. But there is a risk of central authority influencing the energy…
Peer-to-peer trading and the move to decentralized grids have reshaped the energy markets in the United States. Notwithstanding, such developments lead to new challenges, mainly regarding the safety and authenticity of energy trade. This…
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…
The rapidly growing penetration of renewable energy resources brings unprecedented challenges to power distribution networks - management of a large population of grid-tied controllable devices encounters control scalability crises and…
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…
While blockchain offers inherent security, trust issues among stakeholders in vehicle-to-grid (V2G) applications remain unresolved due to a lack of regulatory frameworks and standardization. Additionally, a tailored decentralized…
Blockchain is increasingly being used to provide a distributed, secure, trusted, and private framework for energy trading in smart grids. However, existing solutions suffer from lack of privacy, processing and packet overheads, and reliance…
In this paper, we employ a bi-level control system to react to disturbances and balance power mismatch by coordinating distributed energy resources (DERs) under packetized energy management. Packetized energy management (PEM) is a novel…
The prevalence of distributed generation drives the emergence of the Virtual Power Plant (VPP) paradigm. A VPP aggregates distributed energy resources while operating as a conventional power plant. In recent years, several renewable energy…