Journal ArticleDOI
Toward blockchain-based renewable energy microgrid design considering default risk and demand uncertainty
Yu-Chung Tsao,Vo-Van Thanh +1 more
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In this paper, a blockchain-based renewable energy microgrid design problem was solved, where the bank finances a loan to the power company to establish renewable generation units and the power companies also offers a credit period for manufacturers to stimulate demand.About:
This article is published in Renewable Energy.The article was published on 2021-01-01. It has received 44 citations till now. The article focuses on the topics: Microgrid & Renewable energy.read more
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Blockchain and renewable energy: Integration challenges in circular economy era
TL;DR: In this paper, a novel integration process of blockchain with the renewable energy systems under the circular economy perspective is developed to ensure the sustainability of energy grid management systems, followed by discussions on the advantages of the proposed integration process for energy policy makers.
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Investigating the Impact of Economic Uncertainty on Optimal Sizing of Grid-Independent Hybrid Renewable Energy Systems
TL;DR: In this article, the authors examined the economics of three grid-independent hybrid renewable-based systems proposed to co-generate electricity and heat for a small-scale load in developing countries.
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Blockchain-based Initiatives: Current state and challenges
Shadab Alam,Mohammed Shuaib,Wazir Zada Khan,Sahil Garg,Georges Kaddoum,M. Shamim Hossain,Yousaf Bin Zikria +6 more
TL;DR: In this paper, various aspects of blockchain technology applications in public concern sectors have been analyzed in detail and various implementation requirements in Government, Health, Finance, Economics, and Energy have been discussed.
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A risk-sharing-based resilient renewable energy supply network model under the COVID-19 pandemic
TL;DR: In this article, a robust fuzzy-stochastic programming model was proposed to solve uncertainties in both random and risk events, and the results showed that the resilient energy supply network with the risk-sharing model tended to stabilize the total profit with the different impact levels of COVID-19 compared to the network without risk sharing.
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Renewable energy sources from the perspective of blockchain integration: From theory to application
Sidique Gawusu,Xiaobing Zhang,Abu Zied Ahmed,Seidu Abdulai Jamatutu,Elvis Djam Miensah,Ayesha Algade Amadu,Frimpong Atta Junior Osei +6 more
TL;DR: In this article , the authors comprehensively explored the theory of blockchain and its status in the renewable energy space and revealed that the integration of blockchain technology into renewable energy has received significant attention over the years, which is an indication that existing blockchain research on energy is more focused on RE, as a way of addressing the many challenges in its evolution process, and providing sustainable solutions to replace energy from fossil fuels.
References
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The concept of a linguistic variable and its application to approximate reasoning—II☆
TL;DR: Much of what constitutes the core of scientific knowledge may be regarded as a reservoir of concepts and techniques which can be drawn upon to construct mathematical models of various types of systems and thereby yield quantitative information concerning their behavior.
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Type-2 fuzzy sets made simple
Jerry M. Mendel,Robert John +1 more
TL;DR: Establishing a small set of terms that let us easily communicate about type-2 fuzzy sets and also let us define such sets very precisely, and presenting a new representation for type- 2 fuzzy sets, and using this new representation to derive formulas for union, intersection and complement of type-1 fuzzy sets without having to use the Extension Principle.
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Robust Optimization of Large-Scale Systems
TL;DR: This paper characterize the desirable properties of a solution to models, when the problem data are described by a set of scenarios for their value, instead of using point estimates, and develops a general model formulation, called robust optimization RO, that explicitly incorporates the conflicting objectives of solution and model robustness.
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Blockchain technology in the energy sector: A systematic review of challenges and opportunities
Merlinda Andoni,Valentin Robu,David Flynn,Simone Abram,Dale Geach,David Jenkins,Peter McCallum,Andrew Peacock +7 more
TL;DR: This work provides a comprehensive overview of fundamental principles that underpin blockchain technologies, such as system architectures and distributed consensus algorithms, and discusses opportunities, potential challenges and limitations for a number of use cases, ranging from emerging peer-to-peer energy trading and Internet of Things applications, to decentralised marketplaces, electric vehicle charging and e-mobility.
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Decentralized P2P Energy Trading Under Network Constraints in a Low-Voltage Network
TL;DR: This paper proposes a methodology based on sensitivity analysis to assess the impact of P2P transactions on the network and to guarantee an exchange of energy that does not violate network constraints, which is tested on a typical U.K. low-voltage network.