Blockchain Based Decentralized Management of Demand Response Programs in Smart Energy Grids

By Claudia Pop, T. Cioara, Marcel Antal, I. Anghel, I. Salomie, M. Bertoncini. Italian National Conference on Sensors, 2018

568 citations recorded by the source corpus.

In this paper, we investigate the use of decentralized blockchain mechanisms for delivering transparent, secure, reliable, and timely energy flexibility, under the form of adaptation of energy demand profiles of Distributed Energy Prosumers, to all the stakeholders involved in the flexibility markets (Distribution System Operators primarily, retailers, aggregators, etc.). In our approach, a blockchain based distributed ledger stores in a tamper proof manner the energy prosumption information collected from Internet of Things smart metering devices, while self-enforcing smart contracts programmatically define the expected energy flexibility at the level of each prosumer, the associated rewards or penalties, and the rules for balancing the energy demand with the energy production at grid level. Consensus based validation will be used for demand response programs validation and to activate the appropriate financial settlement for the flexibility providers. The approach was validated using a prototype implemented in an Ethereum platform using energy consumption and production traces of several buildings from literature data sets. The results show that our blockchain based distributed demand side management can be used for matching energy demand and production at smart grid level, the demand response signal being followed with high accuracy, while the amount of energy flexibility needed for convergence is reduced.

Subfields: Control and Systems Engineering, Electrical and Electronic Engineering, Information Systems

View Paper: https://www.semanticscholar.org/paper/3e921b2a61649b70209bb93aeee73645beeec6c4

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Citations in the corpus

Blockchain for Future Smart Grid: A Comprehensive Survey (2019, background): “Thus, producers and consumers may face some difﬁculties to accept fairness and transparency from centralized Self-enforcing contract structure introduced in [72] for demand response tracking and asset balancing. parties.”
Blockchain in Industries: A Survey (2019, background): “It can also be used to support the management of demand response programs [53].”
Survey on blockchain based smart contracts: Applications, opportunities and challenges (2021, background): “35 Application Key challenges Blockchain features Key benefits D ec en tr al iz at io n Fo rg e re si st an ce Tr an sp ar en cy A ut on om ou s ex ec ut io n A cc ur ac y Energy Trading: [218], [219], [221], [222] • Decentralized scalable service availability • Peer to peer operation • Accurate agr”
A novel decentralized platform for peer-to-peer energy trading market with blockchain technology (2021, methodology): “A demandside management program based on blockchain technology is presented by [35].”
Blockchain for Internet of Things: A Survey (2019, background): “Furthermore, the work of [84] proposed a blockchain-based mechanism to provide a secure and transparent energy demand-side management on”
Flexibility capital and flexibility justice in smart energy systems (2019, background): “and permitting changes in supply or demand of electricity to be recognized and valued (Pop et al., 2018).”
Blockchain in the built environment and construction industry: A systematic review, conceptual models and practical use cases (2019, background): “Internet of Things (IoT) devices coupled with smart contracts running on DLT are reducing congestion and faults related to distribution and demand management is being revolutionised through monitoring using sensor technologies (Mylrea and Gourisetti, 2017; Pieroni et al., 2018; Pop et al., 2018) tha”