Schlund J, German R (2019)
Publication Type: Journal article, Original article
Publication year: 2019
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
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.
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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