A carregar...
Publicação
Peer-to-Peer Microgrid Electricity Market and Implementation on Blockchain
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 1.25 MB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
Peer-to-peer (P2P) electricity trading will play an important role in the energy market as it can incentivize more prosumers to invest in distributed energy resources (DERs), lower costs for consumers, and reduce reliance on the traditional grid. Despite traction from the research community, there are challenges for communities to adopt and form their microgrid. First is the lack of realistic market design that considers both the inter-temporal constraint and flexibility in the scheduling of household appliances, generators, and storage devices. The second challenge is building a trading platform that is trusted, performant, and cost-effective. In this research, we proposed a mixed integer linear programming (MILP) model to optimize for overall social welfare that will address the challenge in market design. Then we developed a trading platform as a side chain of Polkadot, a blockchain of blockchains. Each side chain handles its transactions to achieve high throughput and low costs, while the aggregated state transactions are validated by the relay chain to guarantee security. Since MILP is a complicated computation not suitable to run on a blockchain, another software is developed to bridge the off-chain optimization with on-chain validation. Next, we ran a simulation using data from a published paper to show the advantages of our market design. Finally, the platform is benchmarked to demonstrate its performance.
Descrição
Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and Management
Palavras-chave
Peer-to-peer energy market Continuous and flexible market product Blockchain development Polkadot blockchain