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Full-Text Articles in Engineering
Deal: Differentially Private Auction For Blockchain Based Microgrids Energy Trading, Muneeb Ul Hassan, Mubashir Husain Rehmani, Jinjun Chen
Deal: Differentially Private Auction For Blockchain Based Microgrids Energy Trading, Muneeb Ul Hassan, Mubashir Husain Rehmani, Jinjun Chen
Publications
Modern smart homes are being equipped with certain renewable energy resources that can produce their own electric energy. From time to time, these smart homes or microgrids are also capable of supplying energy to other houses, buildings, or energy grid in the time of available self-produced renewable energy. Therefore, researches have been carried out to develop optimal trading strategies, and many recent technologies are also being used in combination with microgrids. One such technology is blockchain, which works over decentralized distributed ledger. In this paper, we develop a blockchain based approach for microgrid energy auction. To make this auction more …
Distributed Resource Participation In Local Balancing Energy Markets, Judith Cardell
Distributed Resource Participation In Local Balancing Energy Markets, Judith Cardell
Engineering: Faculty Publications
In response to the new and potentially conflicting economic and technical demands of independent, distributed resources, the power system requires a new means for coordinating system and market operations. Price signals are one mechanism available to coordinate the operation of a power system in the emerging competitive markets. This paper discusses the integration of distributed resources into the operations of the power system by means of organizing the resources into microgrids and allowing them to participate in local electricity markets through responding to price signals. The simulations of price signals proposed in this paper successively expand upon the current open …