Mingguan Zhao^1,4, Lida Liao^2,*, Penglong Liang¹, Meng Li¹, Xinsheng Dong¹, Yang Yang¹, Hongxia Wang¹, Zhenhao Zhang³

Energy Engineering, Vol.121, No.8, pp. 2313-2330, 2024, DOI:10.32604/ee.2024.048261 - 19 July 2024

Abstract The rapid growth of distributed renewable energy penetration is promoting the evolution of the energy system toward decentralization and decentralized and digitized smart grids. This study was based on energy blockchain, and developed a dual-biding mechanism based on the real-time energy surplus and demand in the local smart grid, which is expected to enable reliable, affordable, and clean energy supply in smart communities. In the proposed system, economic benefits could be achieved by replacing fossil-fuel-based electricity with the high penetration of affordable solar PV electricity. The reduction of energy surplus realized by distributed energy production More >

Pudi Sekhar¹, T. J. Benedict Jose², Velmurugan Subbiah Parvathy³, E. Laxmi Lydia⁴, Seifedine Kadry⁵, Kuntha Pin⁶, Yunyoung Nam^7,*

CMC-Computers, Materials & Continua, Vol.71, No.1, pp. 1473-1487, 2022, DOI:10.32604/cmc.2022.022110 - 03 November 2021

Abstract With the incorporation of distributed energy systems in the electric grid, transactive energy market (TEM) has become popular in balancing the demand as well as supply adaptively over the grid. The classical grid can be updated to the smart grid by the integration of Information and Communication Technology (ICT) over the grids. The TEM allows the Peer-to-Peer (P2P) energy trading in the grid that effectually connects the consumer and prosumer to trade energy among them. At the same time, there is a need to predict the load for effectual P2P energy trading and can be… More >