A Blockchain Platform for the Decentralized Operation of Active Distribution Networks
2021 (English)In: 2021 IEEE Madrid PowerTech, PowerTech 2021 - Conference Proceedings, Institute of Electrical and Electronics Engineers Inc. , 2021, article id 9494980Conference paper, Published paper (Refereed)
Abstract [en]
Blockchain technologies and smart contracts are getting more attention for potential smart grids applications as they are able to decentralize the data management in a secure and transparent way. In this work, a smart contract deployed in a simulated Ethereum blockchain is used to coordinate the decentralized solution of the Economic Dispatch (ED) problem of Distributed Generation (DG) units. The distributed optimization problem is first formulated and solved using the Alternating Directional Method of Multipliers (ADMM) and then a smart contract plays the role of the decentralized coordinator and data aggregator. Results from the combined simulation of the method are provided through a variety of scenarios, that investigate the efficacy and practical applicability of the method.
Place, publisher, year, edition, pages
Institute of Electrical and Electronics Engineers Inc. , 2021. article id 9494980
Keywords [en]
active distribution grids, Blockchain, decentralized economic dispatch, Ethereum, Electric load dispatching, Information management, Scheduling, Active distribution networks, Combined simulation, Distributed generation units, Distributed optimization, Economic dispatch problems, Method of multipliers, Smart grid
National Category
Computer Sciences Computer Systems
Identifiers
URN: urn:nbn:se:kth:diva-311071DOI: 10.1109/PowerTech46648.2021.9494980ISI: 000848778000229Scopus ID: 2-s2.0-85112360835OAI: oai:DiVA.org:kth-311071DiVA, id: diva2:1652511
Conference
2021 IEEE Madrid PowerTech, PowerTech 2021, 28 June 2021 through 2 July 2021, Madrid, Spain
Note
QC 20220926
Part of proceedings: ISBN 978-166543597-0
2022-04-192022-04-192022-09-26Bibliographically approved