Power trading in micro-grid using blockchain technology in the presence of electric vehicle | |
| Author | Ojha, Nabin Babu |
| Call Number | AIT Thesis no.ET-21-09 |
| Subject(s) | Peer-to-peer architecture (Computer networks) Smart power grids Electric power distribution Blockchains (Databases) |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Energy |
| Publisher | Asian Institute of Technology |
| Abstract | Increasing penetration of renewable-based distributed generators (DGs) and the presence of distributed energy resources (DERs) in the energy generation ecosystem present new challenges in traditional energy transmission and distribution system. P2P energy trading is a direct energy trading among prosumers (those who can behave as both consumer and producer) and encourage to trade energy among peers within a local energy market. P2P energy trading is the flexible trading among the peers, where excess energy from many small-scale DERs is traded locally. A software platform is required to apply the P2P energy trading as it enables the information exchange among peers and assists the system operators to monitor and control the distribution network. Blockchain technology is a secure distributed software architecture. Energy trading software can be built on blockchain technology. The proposed approaches aim to apply a blockchain based P2P market platform where all members of a network could enter directly into energy exchanges with any other members (P2P) without restrictions or oversight from a centralized authority. The blockchain based P2P market enables the energy trading through smart contracts in which energy transactions and settlement are automated and immediate and. The prosumers possess specific load profiles and power generation profiles. The price of electricity is dependent on the grid selling (Time of Use rate) and buying prices (Feed in Tariff). The energy-trading algorithm should decide the market clearing prices and quantity. Work is oriented toward the developing a generic integrated blockchain supported decentralized market platform. The blockchain framework is built on the Ethereum platform. The content of the smart contracts is written in Solidity language. The experimental case studies for the proposed P2P energy trading market are done on AIT microgrid. The results validate the feasibility of the proposed blockchain methods and show that these methods could be implemented to support the P2P trading effectively. |
| Year | 2021 |
| Type | Thesis |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
| Academic Program/FoS | Energy Technology (ET) |
| Chairperson(s) | Weerakorn Ongsakul |
| Examination Committee(s) | Singh, Jai Govind;Chutiporn Anutariya |
| Scholarship Donor(s) | Bangchak Petroleum Public Company Limited, Thailand;Asian Institute of Technology Fellowship |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2021 |