A distributed ledger based platform for community-driven flexibility provision

Schlund J, German R (2019)


Publication Type: Journal article, Original article

Publication year: 2019

Journal

Book Volume: 2

Pages Range: 1-20

Article Number: 5

Journal Issue: 1

DOI: 10.1186/s42162-019-0068-0

Open Access Link: https://doi.org/10.1186/s42162-019-0068-0

Abstract

In this paper we propose and analyze a community-driven platform for flexibility provision based on a distributed ledger. We introduce and analyze the platform for the use case of a self-organized decentralized virtual power plant consisting of a local community of individual prosumers with photovoltaic-storages located on a low voltage feeder. Like a virtual power plant, it aggregates small-scale assets and is able to provide ancillary services in the form of active power provision to the electrical power system. However, the decentralized virtual power plant provides a direct flexibility market access of the distributed assets without the need for a third party. Thus, balancing group managers or system operators can directly interact with the distributed assets in an aggregated way without the need for an aggregator. The solution approach uses a heuristic algorithm for the coordination combined with a distributed ledger and democratic consensus within the community.

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APA:

Schlund, J., & German, R. (2019). A distributed ledger based platform for community-driven flexibility provision. Energy Informatics, 2(1), 1-20. https://doi.org/10.1186/s42162-019-0068-0

MLA:

Schlund, Jonas, and Reinhard German. "A distributed ledger based platform for community-driven flexibility provision." Energy Informatics 2.1 (2019): 1-20.

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