Biblio

In an era of technological revolution in which everything becomes smarter and connected, the blockchain can introduce a new model for energy transactions able to grant more simplicity, security and transparency for end-users. The blockchain technology is characterized by a distributed architecture without a trusted and centralized authority, and, therefore, it appears as the perfect solutions for managing exchanges between peers. In this paper, a market algorithm that can be easily transferred to a smart contract for maximizing the match between produced and consumed energy in a micro-grid is presented. The algorithm supports energy transactions between peers (both producers and consumers) and could be one of the main executables implemented using a blockchain platform. The case study presented in this paper shows how the end-users through the blockchain could select among the possible energy transactions those more suitable to offer specific ancillary services to the grid operator without involving the grid operator itself or a third-party aggregator.

Microgrids are a promising alternative to the traditional distribution systems due to their highly desirable features, such as, reliability, resiliency, and efficiency. This paper covers the design, simulation, and economic analysis of a theoretically designed modern, mixed-use commercial and residential building on a feeder in Charleston, SC, USA. The designed system is simulated in PSCAD/EMTDC. The system combines a natural gas CHP turbine and generator block set, solar photovoltaics (PV), and a battery energy storage system (BESS). It is planned to provide power through a DC lighting bus and an AC to several different commercial load profiles as well as 40 apartments of varying sizes. Additionally, a comprehensive economic analysis is completed with available or estimated pricing to prove the feasibility of such a project.