Blockchain smart contracts for grid connection management in achieving net zero energy systems

Weiqi Hua; Rui Jing; Yue Zhou; Xi Zhang; Jing Jiang; Hongjian Sun

doi:10.46855/energy-proceedings-9190

Blockchain smart contracts for grid connection management in achieving net zero energy systems

Weiqi Hua, Rui Jing, Yue Zhou, Xi Zhang, Jing Jiang, Hongjian Sun

Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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Abstract

Energy systems are transitioning towards a decentralized and decarbonized paradigm with the integration of distributed renewable energy sources. Blockchain smart contracts have the increasing potential to facilitate the transition of energy systems due to the natures of automation, standardization, and selfenforcement. This paper proposes a Blockchain smart contracts based platform to manage the grid connection for both large scale generation companies and individual prosumers (both producers and consumers). Through evaluating the capacity margin and carbon intensity for each substation or feeder in power networks, the incurred connection fee and low carbon incentive are formulated for incentivizing the local energy balance and connection of renewable energy sources. Case studies testify the effectiveness for encouraging the low carbon grid connection.

Original language	English
Title of host publication	Sustainable Energy Solutions for a Post-COVID Recovery towards a Better Future
Subtitle of host publication	Part I
Editors	Jinyue Yan
Publisher	Scanditale AB
Number of pages	4
DOIs	https://doi.org/10.46855/energy-proceedings-9190
Publication status	Published - 2 Dec 2021
Event	International Conference on Applied Energy 2021 - Bangkok, Thailand Duration: 29 Nov 2021 → 2 Dec 2021

Publication series

Name	Energy Proceedings
Publisher	Scanditale AB
Volume	18
ISSN (Electronic)	2004-2965

Conference

Conference	International Conference on Applied Energy 2021
Country/Territory	Thailand
City	Bangkok
Period	29/11/21 → 2/12/21

Bibliographical note

Acknowledgment:
This work was supported by the EPSRC/NSFC Multi-energy Control of Cyber-Physical Urban Energy Systems (MC2)project (EP/T021969/1).

Keywords

Blockchain smart contracts
grid connection
net zero emissions
prosumers
renewable energy

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.46855/energy-proceedings-9190Licence: Creative Commons: Attribution-NonCommercial-NoDerivs (CC BY-NC-ND)

HuaW2021BlockchainFinal published version, 273 KBLicence: Creative Commons: Attribution-NonCommercial-NoDerivs (CC BY-NC-ND)

Cite this

Hua, W., Jing, R., Zhou, Y., Zhang, X., Jiang, J., & Sun, H. (2021). Blockchain smart contracts for grid connection management in achieving net zero energy systems. In J. Yan (Ed.), Sustainable Energy Solutions for a Post-COVID Recovery towards a Better Future: Part I Article 210 (Energy Proceedings; Vol. 18). Scanditale AB. https://doi.org/10.46855/energy-proceedings-9190

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title = "Blockchain smart contracts for grid connection management in achieving net zero energy systems",

abstract = "Energy systems are transitioning towards a decentralized and decarbonized paradigm with the integration of distributed renewable energy sources. Blockchain smart contracts have the increasing potential to facilitate the transition of energy systems due to the natures of automation, standardization, and selfenforcement. This paper proposes a Blockchain smart contracts based platform to manage the grid connection for both large scale generation companies and individual prosumers (both producers and consumers). Through evaluating the capacity margin and carbon intensity for each substation or feeder in power networks, the incurred connection fee and low carbon incentive are formulated for incentivizing the local energy balance and connection of renewable energy sources. Case studies testify the effectiveness for encouraging the low carbon grid connection.",

keywords = "Blockchain smart contracts, grid connection, net zero emissions, prosumers, renewable energy",

author = "Weiqi Hua and Rui Jing and Yue Zhou and Xi Zhang and Jing Jiang and Hongjian Sun",

note = "Acknowledgment: This work was supported by the EPSRC/NSFC Multi-energy Control of Cyber-Physical Urban Energy Systems (MC2)project (EP/T021969/1).; International Conference on Applied Energy 2021 ; Conference date: 29-11-2021 Through 02-12-2021",

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doi = "10.46855/energy-proceedings-9190",

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Hua, W, Jing, R, Zhou, Y, Zhang, X, Jiang, J & Sun, H 2021, Blockchain smart contracts for grid connection management in achieving net zero energy systems. in J Yan (ed.), Sustainable Energy Solutions for a Post-COVID Recovery towards a Better Future: Part I., 210, Energy Proceedings, vol. 18, Scanditale AB, International Conference on Applied Energy 2021, Bangkok, Thailand, 29/11/21. https://doi.org/10.46855/energy-proceedings-9190

Blockchain smart contracts for grid connection management in achieving net zero energy systems. / Hua, Weiqi; Jing, Rui; Zhou, Yue et al.
Sustainable Energy Solutions for a Post-COVID Recovery towards a Better Future: Part I. ed. / Jinyue Yan. Scanditale AB, 2021. 210 (Energy Proceedings; Vol. 18).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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T1 - Blockchain smart contracts for grid connection management in achieving net zero energy systems

AU - Hua, Weiqi

AU - Jing, Rui

AU - Zhou, Yue

AU - Zhang, Xi

AU - Jiang, Jing

AU - Sun, Hongjian

N1 - Acknowledgment: This work was supported by the EPSRC/NSFC Multi-energy Control of Cyber-Physical Urban Energy Systems (MC2)project (EP/T021969/1).

PY - 2021/12/2

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N2 - Energy systems are transitioning towards a decentralized and decarbonized paradigm with the integration of distributed renewable energy sources. Blockchain smart contracts have the increasing potential to facilitate the transition of energy systems due to the natures of automation, standardization, and selfenforcement. This paper proposes a Blockchain smart contracts based platform to manage the grid connection for both large scale generation companies and individual prosumers (both producers and consumers). Through evaluating the capacity margin and carbon intensity for each substation or feeder in power networks, the incurred connection fee and low carbon incentive are formulated for incentivizing the local energy balance and connection of renewable energy sources. Case studies testify the effectiveness for encouraging the low carbon grid connection.

AB - Energy systems are transitioning towards a decentralized and decarbonized paradigm with the integration of distributed renewable energy sources. Blockchain smart contracts have the increasing potential to facilitate the transition of energy systems due to the natures of automation, standardization, and selfenforcement. This paper proposes a Blockchain smart contracts based platform to manage the grid connection for both large scale generation companies and individual prosumers (both producers and consumers). Through evaluating the capacity margin and carbon intensity for each substation or feeder in power networks, the incurred connection fee and low carbon incentive are formulated for incentivizing the local energy balance and connection of renewable energy sources. Case studies testify the effectiveness for encouraging the low carbon grid connection.

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KW - grid connection

KW - net zero emissions

KW - prosumers

KW - renewable energy

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DO - 10.46855/energy-proceedings-9190

M3 - Conference contribution

T3 - Energy Proceedings

BT - Sustainable Energy Solutions for a Post-COVID Recovery towards a Better Future

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ER -

Blockchain smart contracts for grid connection management in achieving net zero energy systems

Abstract

Publication series

Conference

Bibliographical note

Keywords

UN SDGs

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