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Demand side management using blockchain for distributed networks

Pappu, A. (2021) Demand side management using blockchain for distributed networks.

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Abstract:With recent advances in renewable energy sources and energy storage devices, energy distribution networks are transforming from centralized one-way networks into distributed bi-directional mesh networks. This results in the challenge of implementing Demand Side Management (DSM) algorithms over distributed energy networks. DSM algorithms that were implemented in centralized energy networks with fixed authority structures must now be implemented over networks with no such centralized decision-making authority. All actors in a distributed network have the same authority and must arrive at a consensus regarding the global network-wide solution. This thesis puts forward a vision for the communication layer in a distributed energy network as a complete blockchain network. Each prosumer in the communication layer is modeled as a full node within a blockchain. Two methods of implementing Demand Side Management in a distributed manner are presented and each distributed DSM method is paired with one of two consensus protocols from blockchain, Proof of Work or Proof of Stake.
Item Type:Essay (Master)
Faculty:EEMCS: Electrical Engineering, Mathematics and Computer Science
Subject:31 mathematics, 43 environmental science, 54 computer science
Programme:Sustainable Energy Technology MSc (60443)
Link to this item:http://purl.utwente.nl/essays/85606
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