Engineering Commons^™

Small-Scale Microgrid Energy Market Based On Pilt-Dao, Tianlu Gao

Electronic Theses and Dissertations

With the installed capacities of Distributed Generations (DGs) dramatically increasing in power systems from Distributed Energy Resources (DERs) such as hydropower, wind, solar, geothermal and biomass, the operation methods of DERs tradings or transactions become more and more complicated. However, the energy market of DERs in Microgrids (MGs) is still under devolvement due to low security and transparency at present. Therefore, a small-scale microgrid energy market is proposed in this study based on Decentralized Autonomous Organization of Parallel, Integrity, Longevity, and Transparency (PILT-DAO) of the features of the blockchain. The microgrid owners can complete the transaction in the PILT-DAO market. …