Building a community of users for open market energy

Detalhes bibliográficos
Autor(a) principal: Ferreira, J. C.
Data de Publicação: 2018
Outros Autores: Martins, A. L.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/16568
Resumo: Energy markets are based on energy transactions with a central control entity, where the players are companies. In this research work, we propose an IoT (Internet of Things) system for the accounting of energy flows, as well as a blockchain approach to overcome the need for a central control entity. This allows for the creation of local energy markets to handle distributed energy transactions without needing central control. In parallel, the system aggregates users into communities with target goals and creates new markets for players. These two approaches (blockchain and IoT) are brought together using a gamification approach, allowing for the creation and maintenance of a community for electricity market participation based on pre-defined goals. This community approach increases the number of market players and creates the possibility of traditional end users earning money through small coordinated efforts. We apply this approach to the aggregation of batteries from electrical vehicles so that they become a player in the spinning reserve market. It is also possible to apply this approach to local demand flexibility, associated with the demand response (DR) concept. DR is aggregated to allow greater flexibility in the regulation market based on an OpenADR approach that allows the turning on and off of predefined equipment to handle local microgeneration
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spelling Building a community of users for open market energyBlockchainCommunityEnergy marketElectric vehicleDemand ResponseGamificationMicrogenerationRenewable energyEnergy markets are based on energy transactions with a central control entity, where the players are companies. In this research work, we propose an IoT (Internet of Things) system for the accounting of energy flows, as well as a blockchain approach to overcome the need for a central control entity. This allows for the creation of local energy markets to handle distributed energy transactions without needing central control. In parallel, the system aggregates users into communities with target goals and creates new markets for players. These two approaches (blockchain and IoT) are brought together using a gamification approach, allowing for the creation and maintenance of a community for electricity market participation based on pre-defined goals. This community approach increases the number of market players and creates the possibility of traditional end users earning money through small coordinated efforts. We apply this approach to the aggregation of batteries from electrical vehicles so that they become a player in the spinning reserve market. It is also possible to apply this approach to local demand flexibility, associated with the demand response (DR) concept. DR is aggregated to allow greater flexibility in the regulation market based on an OpenADR approach that allows the turning on and off of predefined equipment to handle local microgenerationMDPI2018-09-07T09:21:58Z2018-01-01T00:00:00Z20182018-09-07T10:21:40Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/16568eng1996-107310.3390/en11092330Ferreira, J. C.Martins, A. L.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:29:46Zoai:repositorio.iscte-iul.pt:10071/16568Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:13:21.268940Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Building a community of users for open market energy
title Building a community of users for open market energy
spellingShingle Building a community of users for open market energy
Ferreira, J. C.
Blockchain
Community
Energy market
Electric vehicle
Demand Response
Gamification
Microgeneration
Renewable energy
title_short Building a community of users for open market energy
title_full Building a community of users for open market energy
title_fullStr Building a community of users for open market energy
title_full_unstemmed Building a community of users for open market energy
title_sort Building a community of users for open market energy
author Ferreira, J. C.
author_facet Ferreira, J. C.
Martins, A. L.
author_role author
author2 Martins, A. L.
author2_role author
dc.contributor.author.fl_str_mv Ferreira, J. C.
Martins, A. L.
dc.subject.por.fl_str_mv Blockchain
Community
Energy market
Electric vehicle
Demand Response
Gamification
Microgeneration
Renewable energy
topic Blockchain
Community
Energy market
Electric vehicle
Demand Response
Gamification
Microgeneration
Renewable energy
description Energy markets are based on energy transactions with a central control entity, where the players are companies. In this research work, we propose an IoT (Internet of Things) system for the accounting of energy flows, as well as a blockchain approach to overcome the need for a central control entity. This allows for the creation of local energy markets to handle distributed energy transactions without needing central control. In parallel, the system aggregates users into communities with target goals and creates new markets for players. These two approaches (blockchain and IoT) are brought together using a gamification approach, allowing for the creation and maintenance of a community for electricity market participation based on pre-defined goals. This community approach increases the number of market players and creates the possibility of traditional end users earning money through small coordinated efforts. We apply this approach to the aggregation of batteries from electrical vehicles so that they become a player in the spinning reserve market. It is also possible to apply this approach to local demand flexibility, associated with the demand response (DR) concept. DR is aggregated to allow greater flexibility in the regulation market based on an OpenADR approach that allows the turning on and off of predefined equipment to handle local microgeneration
publishDate 2018
dc.date.none.fl_str_mv 2018-09-07T09:21:58Z
2018-01-01T00:00:00Z
2018
2018-09-07T10:21:40Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/16568
url http://hdl.handle.net/10071/16568
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1996-1073
10.3390/en11092330
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dc.publisher.none.fl_str_mv MDPI
publisher.none.fl_str_mv MDPI
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instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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