short-paper

Blockchain for Transactive Energy Management of Distributed Energy Resources in Smart Grid

Authors:

Shengli ZhangAuthors Info & Claims

e-Energy '21: Proceedings of the Twelfth ACM International Conference on Future Energy Systems

Pages 211 - 215

https://doi.org/10.1145/3447555.3464848

Published: 22 June 2021 Publication History

Abstract

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 flexible appliance scheduling, as a cost minimization problem. Considering the dispersed nature and diverse ownership of DERs, we develop a distributed algorithm to solve the optimization problem using the alternating direction method of multipliers (ADMM) method. Furthermore, we develop a blockchain system, on which we implement the proposed algorithm with the smart contract, to guarantee the transparency and correctness of the energy management. We prototype the blockchain in a small-scale test network and evaluate it through experiments using real-world data. The experimental results validate the feasibility and effectiveness of our design.

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Cited By

Dinh NKarimi-Arpanahi SPourmousavi SGuo MLiisberg J(2023)Cost-Effective Community Battery Sizing and Operation Within a Local Market FrameworkIEEE Transactions on Energy Markets, Policy and Regulation10.1109/TEMPR.2023.33247981:4(536-548)Online publication date: Dec-2023
https://doi.org/10.1109/TEMPR.2023.3324798
Cali UKuzlu MKempf JSaha SGourisetti SHughes T(2022)Unlocking New Opportunities Towards Smart Contracts for Transactive Energy Systems: Technical and Legislative Perspectives2022 IEEE PES Transactive Energy Systems Conference (TESC)10.1109/TESC53336.2022.9917266(1-5)Online publication date: 2-May-2022
https://doi.org/10.1109/TESC53336.2022.9917266

Index Terms

Blockchain for Transactive Energy Management of Distributed Energy Resources in Smart Grid

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e-Energy '21: Proceedings of the Twelfth ACM International Conference on Future Energy Systems

June 2021

528 pages

ISBN:9781450383332

DOI:10.1145/3447555

Copyright © 2021 ACM.

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 22 June 2021

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Short-paper
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e-Energy '21

e-Energy '21: The Twelfth ACM International Conference on Future Energy Systems

June 28 - July 2, 2021

Virtual Event, Italy

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Overall Acceptance Rate 160 of 446 submissions, 36%

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Cited By

Dinh NKarimi-Arpanahi SPourmousavi SGuo MLiisberg J(2023)Cost-Effective Community Battery Sizing and Operation Within a Local Market FrameworkIEEE Transactions on Energy Markets, Policy and Regulation10.1109/TEMPR.2023.33247981:4(536-548)Online publication date: Dec-2023
https://doi.org/10.1109/TEMPR.2023.3324798
Cali UKuzlu MKempf JSaha SGourisetti SHughes T(2022)Unlocking New Opportunities Towards Smart Contracts for Transactive Energy Systems: Technical and Legislative Perspectives2022 IEEE PES Transactive Energy Systems Conference (TESC)10.1109/TESC53336.2022.9917266(1-5)Online publication date: 2-May-2022
https://doi.org/10.1109/TESC53336.2022.9917266

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