Blockchain Based Smart Grids

Blockchain Based Smart Grids
Author: Miadreza Shafie-khah
Publsiher: Academic Press
Total Pages: 310
Release: 2020-06
ISBN: 0128178620
Category: Science
Language: EN, FR, DE, ES & NL

Blockchain Based Smart Grids Book Excerpt:

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications.

Blockchain Based Smart Grids

Blockchain Based Smart Grids
Author: Miadreza Shafie-khah
Publsiher: Academic Press
Total Pages: 232
Release: 2020-05-05
ISBN: 0128178639
Category: Science
Language: EN, FR, DE, ES & NL

Blockchain Based Smart Grids Book Excerpt:

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications. Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology Written by a global group of authors for worldwide coverage

Control Applications in Modern Power Systems

Control Applications in Modern Power Systems
Author: Jitendra Kumar
Publsiher: Springer Nature
Total Pages: 135
Release: 2022
ISBN: 9811901937
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Control Applications in Modern Power Systems Book Excerpt:

Forecasting in Blockchain based Smart Grids Testing a Prerequisite for the Implementation of Local Energy Markets

Forecasting in Blockchain based Smart Grids  Testing a Prerequisite for the Implementation of Local Energy Markets
Author: Michael Kostmann
Publsiher: Unknown
Total Pages: 135
Release: 2018
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Forecasting in Blockchain based Smart Grids Testing a Prerequisite for the Implementation of Local Energy Markets Book Excerpt:

New Solutions for Smart Grids With High Penetration Distributed Energy Resources

New Solutions for Smart Grids With High Penetration Distributed Energy Resources
Author: Yang Li,Liang Chen,Chao Long
Publsiher: Frontiers Media SA
Total Pages: 135
Release: 2022-02-17
ISBN: 2889744116
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

New Solutions for Smart Grids With High Penetration Distributed Energy Resources Book Excerpt:

Decentralized Self regulation of Smart Grids Based on Blockchain Technology

Decentralized Self regulation of Smart Grids Based on Blockchain Technology
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2018
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Decentralized Self regulation of Smart Grids Based on Blockchain Technology Book Excerpt:

Design Implementation and Evaluation of a Blockchain based Microgrid Platform

Design  Implementation  and Evaluation of a Blockchain based Microgrid Platform
Author: Arne Meeuw
Publsiher: Unknown
Total Pages: 135
Release: 2020
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Design Implementation and Evaluation of a Blockchain based Microgrid Platform Book Excerpt:

In order to meet global emissions targets, Renewable Energy Sources (RES) will have to be exploited. The subsequent decentralisation of the electrical grid, caused in large parts by residential rooftop Photovoltaic (PV) systems, in turn presents a challenge to existing infrastructure, markets, and business models. Households which only consumed electric energy can now invest into a private PV system and produce their own electricity, thus becoming prosumers. During the day prosumers can generate more electric energy than they consume, requiring them to feed the extra energy back into the grid. The concept of Local Energy Markets (LEMs) encompasses the peer-to-peer (P2P) exchange of energy between prosumers and neighbouring consumers and represents a novel remuneration model for investors in residential PV. The progressing roll-out of smart meters and the subsequent availability of high-frequent energy data holds the opportunity to realise new control schemes and business models for the smart grid. However, billing is still based on regular readouts, which are often done by hand, and data available from deployed smart meters is commonly restrictive, and suffers from infrequent collection, reduced sampling intervals, and limited value range. Blockchain-technology has gained popularity as the underpinning mechanism that has enabled the pseudonymous and decentralised electronic cash system Bitcoin. The technology has spurred the development of a whole ecosystem of blockchain platforms, which, as of August 2019, hold a market capitalisation over USD 200 billion in total. Blockchain-technology enables untrusted or semi-trusted parties to engage in transactions carrying financial value and arbitrary data, which can replace mediating third parties. Combining LEMs and blockchain-technology allows prosumers and consumers to trade energy directly without having to go through the authority of a utility company. The exchange of local energy based.

Blockchain Supported Demand Response In Smart Grids

Blockchain Supported Demand Response In Smart Grids
Author: Sreelakshmi Sreeharan
Publsiher: Unknown
Total Pages: 31
Release: 2020
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Blockchain Supported Demand Response In Smart Grids Book Excerpt:

Smart grid is envisioned to be the technology capable of scheduling user's energy requirement based on demand. But with growing complexity with multiple sources and users,advanced communication and data exchange between different sectors of the power network is required. For efficient utilization and functioning of the power grid we need a decentralised system which is transparent,trustless and makes transactions faster. With developments in the field of Internet of Things and Blockchain technologies there are a number of solutions proposed but none of them address the issue of transaction time in trade and penalty for defaulters. In this work we propose here an energy transaction network which implements blockchain technology for validating transaction of energy between producer/consumer or procumer and saves energy and time using smart grids and lightning network transactions.

Blockchain enabled Fog and Edge Computing Concepts Architectures and Applications

Blockchain enabled Fog and Edge Computing  Concepts  Architectures and Applications
Author: Muhammad Maaz Rehan,Mubashir Husain Rehmani
Publsiher: CRC Press
Total Pages: 302
Release: 2020-07-27
ISBN: 1000096165
Category: Computers
Language: EN, FR, DE, ES & NL

Blockchain enabled Fog and Edge Computing Concepts Architectures and Applications Book Excerpt:

This comprehensive book unveils the working relationship of blockchain and the fog/edge computing. The contents of the book have been designed in such a way that the reader will not only understand blockchain and fog/edge computing but will also understand their co-existence and their collaborative power to solve a range of versatile problems. The first part of the book covers fundamental concepts and the applications of blockchain-enabled fog and edge computing. These include: Internet of Things, Tactile Internet, Smart City; and E-challan in the Internet of Vehicles. The second part of the book covers security and privacy related issues of blockchain-enabled fog and edge computing. These include, hardware primitive based Physical Unclonable Functions; Secure Management Systems; security of Edge and Cloud in the presence of blockchain; secure storage in fog using blockchain; and using differential privacy for edge-based Smart Grid over blockchain. This book is written for students, computer scientists, researchers and developers, who wish to work in the domain of blockchain and fog/edge computing. One of the unique features of this book is highlighting the issues, challenges, and future research directions associated with Blockchain-enabled fog and edge computing paradigm. We hope the readers will consider this book a valuable addition in the domain of Blockchain and fog/edge computing.

Blockchain Based Systems for the Modern Energy Grid

Blockchain Based Systems for the Modern Energy Grid
Author: Sanjeevikumar Padmanaban,Rajesh Kumar Dhanaraj,Jens Bo Holm-Nielsen,Sathya Krishnamoorthi,Balamurugan Balusamy
Publsiher: Academic Press
Total Pages: 260
Release: 2022-08-15
ISBN: 9780323918503
Category: Science
Language: EN, FR, DE, ES & NL

Blockchain Based Systems for the Modern Energy Grid Book Excerpt:

Blockchain-Based Systems for a Paradigm Shift in the Energy Grid explores the technologies and tools to utilize blockchain for energy grids and assists professionals and researchers to find alternative solutions for the future of the energy sector. The focus of this globally edited book is on the application of blockchain technology and the balance between supply and demand for energy and where it is achievable. Looking at the integration of blockchain and how it will make the network resistant to any failure in sub-components, this book has very clearly explores the areas of energy sector that need in-depth study of Blockchain for expanding energy markets. Meeting the demands of energy by local trading, verifying use of green energy certificates and providing a greater understanding of smart energy grids and Blockchain use cases. Exhaustively exploring the use of Blockchain for energy, this reference useful for all those in the energy industry looking to avoid disruption in the grid and sustain and control successful flow of electricity. Methods and techniques of Blockchain-based trading and payments are included Provides process diagrams in techniques and balancing demand and supply Internet of Energy and its architecture for the future energy sector is explained

Distributed Transactive Energy Market and Smart Grid Integration

Distributed Transactive Energy Market and Smart Grid Integration
Author: Huan (Aaron) Li
Publsiher: Unknown
Total Pages: 129
Release: 2019
ISBN: 1928374650XXX
Category: Distributed generation of electric power
Language: EN, FR, DE, ES & NL

Distributed Transactive Energy Market and Smart Grid Integration Book Excerpt:

Conventional electricity network and market are experiencing increasing penetration of distributed generation (DG). The primary driving forces come from environmental concerns and economic benefits. Distributively attached with existing power networks, renewable energy resources bring much complexity and uncertainty into the traditional producer-consumer system. Additionally, existing power network’s centralised control structure has demonstrated its ineciency with the requirement of massive computational power, the ineciency of expansion and the degraded fault-tolerance. These challenges have brought opportunities for new technologies such as distributed control, multi-agent system (MAS) and Blockchain. This thesis intends to address some of the challenges and equip conventional distribution system and electricity market with better resiliency, flexibility and eciency to handle increased localised peer-to-peer transactions. Firstly, a blockchain-based distributed transactive energy market is proposed. Participants in the market are abstracted as intelligent virtual agents and actively performing transactions through smart contracts. A market trading mechanism that utilises a distributed supply function bidding is also proposed. The trading mechanism has been implemented in two di↵erent scenarios. Within the first scenario, market participant is actively seeking optimal benefit by solely considering its own status. We proved the existence of a competitive equilibrium state where all agents gain their maximised benefit, and the market gains its optimal social welfare. In the second scenario, market participants are non-cooperative and have access to competitors’ bids. By strategically placing bids or prices, each market trader is maximising its own benefit. It is proved that there exists a Nash equilibrium where the system’s social welfare is optimised, and each participant’s benefit is simultaneously met. A distributed market pricing scheme is also proposed to help the market converge to the equilibrium state iteratively. Moving from market framework, this thesis shifts its focus to the internal structure and components of market agents. A versatile prosumer energy management (PEM) module that can represent di↵erent electricity market participants is designed. Thanks to the intelligent PEM mechanism, it is able to manage the consumption and generation from subordinate components, calculate power surplus or deficit, seamlessly switch role between Buyer, Seller and Non-Trader. By charging and discharging energy storage devices, the PEM module helps market agents to trade power surplus at the time that suits their benefit. Additionally, our simulation demonstrates the merit of the PEM module as the target household is able to update its role based on the current condition of generation and consumption, and has gained more self-suciency. Finally, this research is extended further to the control mechanism of PEM’s subordinate distributed generator. A control architecture of an islanded microgrid hosting blockchain-based transactive energy market is proposed. Within the control framework, DGs are acting as intelligent agents and continuously exchanging information so that system stability can be gained iteratively. A cooperative frequency controller is also proposed to restore DG’s output frequency back to nominal and synchronise it with other DGs’ outputs. Thanks to the shared information, frequency within the whole microgrid can be stabilised. This thesis follows a top-down approach from distributed transactive energy market framework design to prosumer energy management mechanism and cooperative control of distributed generators. It considers existing and up-coming challenges and improves current distribution network by combining technologies such as MAS, Blockchain, distributed control and Game Theory.

Multi Grid Peer to Peer Energy Trading Agents using Blockchain Based Smart Contracts

Multi Grid Peer to Peer Energy Trading Agents using Blockchain Based Smart Contracts
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2016
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Multi Grid Peer to Peer Energy Trading Agents using Blockchain Based Smart Contracts Book Excerpt:

2020 International Conference on Smart Grids and Energy Systems SGES

2020 International Conference on Smart Grids and Energy Systems  SGES
Author: IEEE Staff
Publsiher: Unknown
Total Pages: 135
Release: 2020-11-23
ISBN: 9781665448505
Category: Electronic Book
Language: EN, FR, DE, ES & NL

2020 International Conference on Smart Grids and Energy Systems SGES Book Excerpt:

Contributions are encouraged in all fields of Smart Grids and Energy Systems, particularly those in the following areas Smart Grids and Active Distribution Networks Grid Planning, Operation and Management Renewable Generation and Distributed Energy Resources Computational Intelligence, ICT and Blockchain Applications in Smart Grids Emerging Technologies and End user Systems Microgrids, Standalone Power Systems, and Virtual Power Plants Grid Resiliency, Reliability, Stability and Protection Electricity Market, Innovative Business Mechanism, Policy Regulatory Aspects Energy Forecasting, Peer to peer Energy Trading and Transactive Energy Management Smart Homes, Buildings and Cities and Cyber Security Smart Condition Monitoring and Fault Diagnosis Techniques IoT Enabled Energy Systems

Digitalization of Power Markets and Systems Using Energy Informatics

Digitalization of Power Markets and Systems Using Energy Informatics
Author: Umit Cali,Murat Kuzlu,Manisa Pipattanasomporn,James Kempf,Linquan Bai
Publsiher: Springer Nature
Total Pages: 248
Release: 2021-11-07
ISBN: 3030833011
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Digitalization of Power Markets and Systems Using Energy Informatics Book Excerpt:

The objective of this textbook is to introduce students and professionals to fundamental principles and techniques and emerging technologies in energy informatics and the digitalization of power markets and systems. The book covers such areas as smart grids and artificial intelligence (AI) and distributed ledger technology (DLT), with a focus on information and communication technologies (ICT) deployed to modernize the electric energy infrastructure. It also provides an overview of the smart grid and its main components: smart grid applications at transmission, distribution, and customer level, network requirements with communications technologies, and standards and protocols. In addition, the book addresses emerging technologies and trends in next-generation power systems, i.e., energy informatics, such as digital green shift, energy cyber-physical-social systems (E-CPSS), energy IoT, energy blockchain, and advanced optimization. Future aspects of digitalized power markets and systems will be discussed with real-world energy informatics projects. The book is designed to be a core text in upper-undergraduate and graduate courses such as Introduction to Smart Grids, Digitalization of Power Systems, and Advanced Power System Topics in Energy Informatics.

Blockchain Technology in Internet of Things

Blockchain Technology in Internet of Things
Author: Liehuang Zhu,Keke Gai,Meng Li
Publsiher: Springer
Total Pages: 143
Release: 2019-07-26
ISBN: 3030217663
Category: Computers
Language: EN, FR, DE, ES & NL

Blockchain Technology in Internet of Things Book Excerpt:

This book focuses on picturing B-IoT techniques from a few perspectives, which are architecture, key technologies, security and privacy, service models and framework, practical use cases and more. Main contents of this book derive from most updated technical achievements or breakthroughs in the field. A number of representative IoT service offerings will be covered by this book, such as vehicular networks, document sharing system, and telehealth. Both theoretical and practical contents will be involved in this book in order to assist readers to have a comprehensive and deep understanding the mechanism of using blockchain for powering up IoT systems. The blockchain-enabled Internet of Things (B-IoT) is deemed to be a novel technical alternative that provides network-based services with additional functionalities, benefits, and implementations in terms of decentralization, immutability, and auditability. Towards the enhanced secure and privacy-preserving Internet of Things (IoT), this book introduces a few significant aspects of B-IoT, which includes fundamental knowledge of both blockchain and IoT, state-of-the-art reviews of B-IoT applications, crucial components in the B-IoT system and the model design, and future development potentials and trends. IoT technologies and services, e.g. cloud data storage technologies and vehicular services, play important roles in wireless technology developments. On the other side, blockchain technologies are being adopted in a variety of academic societies and professional realms due to its promising characteristics. It is observable that the research and development on integrating these two technologies will provide critical thinking and solid references for contemporary and future network-relevant solutions. This book targets researchers and advanced level students in computer science, who are focused on cryptography, cloud computing and internet of things, as well as electrical engineering students and researchers focused on vehicular networks and more. Professionals working in these fields will also find this book to be a valuable resource.

Blockchain Technology for Smart Grids

Blockchain Technology for Smart Grids
Author: H. L. Gururaj,Kumar V. Ravi,Francesco Flammini,Hong Lin,B. Goutham,Kumar B. R. Sunil,C. Sivapragash
Publsiher: Unknown
Total Pages: 270
Release: 2022-10-27
ISBN: 9781839535352
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Blockchain Technology for Smart Grids Book Excerpt:

Blockchain technology for smart grids holds great promise for grid management and secure transactions. Written by an international team, this timely work introduces the concept of blockchain and covers applications in smart grids, including sensors, security and privacy, AI and the use of cryptocurrencies for energy transactions.

Smart Grids and Big Data Analytics for Smart Cities

Smart Grids and Big Data Analytics for Smart Cities
Author: Chun Sing Lai,Loi Lei Lai,Qi Hong Lai
Publsiher: Springer Nature
Total Pages: 403
Release: 2020-10-31
ISBN: 3030521559
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Smart Grids and Big Data Analytics for Smart Cities Book Excerpt:

This book provides a comprehensive introduction to different elements of smart city infrastructure - smart energy, smart water, smart health, and smart transportation - and how they work independently and together. Theoretical development and practical applications are presented, along with related standards, recommended practices, and professional guidelines. Throughout the book, diagrams and case studies are provided that demonstrate the systems presented, and extensive use of scenarios helps readers better grasp how smart grids, the Internet of Things, big data analytics, and trading models can improve road safety, healthcare, smart water management, and a low-carbon economy. A must-read for practicing engineers, consultants, regulators, utility operators, and environmentalists involved in smart city development, the book will also appeal to city planners and designers, as well as upper-level undergraduate and graduate students studying energy, environmental science, technology, economics, signal processing, information science, and power engineering.

Blockchain and IoT Integration

Blockchain and IoT Integration
Author: Kavita Saini
Publsiher: CRC Press
Total Pages: 207
Release: 2021-10-28
ISBN: 1000470024
Category: Computers
Language: EN, FR, DE, ES & NL

Blockchain and IoT Integration Book Excerpt:

As technology continues to advance and the interconnection of various devices makes our lives easier, it also puts us at further risk of privacy and security threats. Phones can connect to household devices to help set alarms, turn on or off the lights, and even preheat ovens. The Internet of Things (IoT) is this symbiotic interplay of smart devices that collect data and make intelligent decisions. However, the lack of an intrinsic security measure within IoT makes it especially vulnerable to privacy and security threats. Blockchain and IoT Integration highlights how Blockchain, an encrypted, distributed computer filing system, can be used to help protect IoT against such privacy and security breaches. The merger of IoT and blockchain technology is a step towards creating a verifiable, secure, and permanent method of recording data processed by "smart" machines. The text explores the platforms and applications of blockchain-enabled IoT as well as helps clarify how to strengthen the IoT security found in healthcare systems as well as private homes. Other highlights of the book include: Overview of the blockchain architecture Blockchain to secure IoT data Blockchain to secure drug supply chain and combat counterfeits Blockchain IoT concepts for smart grids, smart cities, and smart homes A biometric-based blockchain enabled payment system IoT for smart healthcare monitoring systems

On Smart Buildings and Their Integration Into the Smart Grid

On Smart Buildings and Their Integration Into the Smart Grid
Author: Olivier Valentin Henri Van Cutsem
Publsiher: Unknown
Total Pages: 222
Release: 2020
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

On Smart Buildings and Their Integration Into the Smart Grid Book Excerpt:

Mots-clés de l'auteur: smart-building ; energy management system ; model predictive control ; integrated simulator ; energy disaggregation ; smart-grid ; demand response ; blockchain-based algorithm ; smart-community ; building-to-grid.

Blockchain Applications for Secure IoT Frameworks Technologies Shaping the Future

Blockchain Applications for Secure IoT Frameworks  Technologies Shaping the Future
Author: Sudhir K. Sharma,Bharat Bhushan,Parma N. Astya,Narayan C. Debnath
Publsiher: Bentham Science Publishers
Total Pages: 200
Release: 2021-07-08
ISBN: 1681088630
Category: Computers
Language: EN, FR, DE, ES & NL

Blockchain Applications for Secure IoT Frameworks Technologies Shaping the Future Book Excerpt:

This reference presents information about different facets of IoT and blockchain systems that have been recently proposed for practical situations. Chapters provide knowledge about how these technologies are applied in functions related to trust management, identity management, security threats, access control and privacy. Key Features: - Introduces the reader to fundamental concepts of IoT and blockchain technology - reports advances in the field of IoT, ubiquitous computing and blockchain computing - includes the applications of different frameworks - explains the role of blockchains in improving IT security - provides examples of smart grids, data transmission models, digital business platforms, agronomics and big data solutions - Includes references for further reading Blockchain Applications for Secure IoT Frameworks Technologies Shaping the Future is a handy reference for information technology professionals and students who want updated information about applications of IoT and blockchains in secure operational and business processes.