1 AIT Asian Institute of Technology

Blockchain and AI based power trading in prosumer consortium mode : the case of AIT community

AuthorKaung Si Thu
Call NumberAIT RSPR no.ET-20-03
Subject(s)Artificial intelligence
Blockchains (Databases)
Electric power distribution--Thailand
Smart power grids

NoteA research study submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Energy, School of Environment, Resources and Development
PublisherAsian Institute of Technology
Series StatementResearch studies project report ; no. ET-20-03
AbstractMeanwhile there are many critical issues in the traditional electricity grid network and one key possibility is the use of the relative amount of renewable energy distributed in the transition system. Prosumer consortium project in a local group can be one of the solutions for energy costs, increasing performance and supplying university with improved electrification with distributed power generations. Therefore, this research study is to demonstrate the prosumer consortium nodes with blockchain transactionbased power trading and prediction of solar power generation of prosumer nodes by applying artificial neural network training. It can be the forefront to implement a market model with distributed generations based decentralized blockchain system in a university grid system which can reduce the price of electricity, balance the electricity demand and supply within the institute market, secure and rapid transaction, moreover, the local market system can be reinforced by forecasting of consumption, generation, and AI-based transaction and improved security of the trading network.
Year2020
Corresponding Series Added EntryAsian Institute of Technology. Research studies project report ; no. ET-20-03
TypeResearch Study Project Report (RSPR)
SchoolSchool of Environment, Resources, and Development (SERD)
DepartmentDepartment of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC))
Academic Program/FoSEnergy Technology (ET)
Chairperson(s)Weerakorn Ongsakul;
Examination Committee(s)Singh, Jai Govind;Chutiporn Anutrariya;
Scholarship Donor(s)Asian Institute of Technology Fellowship;
DegreeResearch Studies Project Report (M. Eng.) - Asian Institute of Technology, 2020


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