Abstract

This study introduces the B-DDR system, leveraging blockchain technology for real-time, decentralized energy management in MicroGrids. By integrating Vertical Axis Wind Turbines (VAWTs), including a novel H-Darius VAWT-PMSG model with magnetic levitation and aerodynamic considerations, the proposed approach addresses challenges in optimizing energy supply and demand. Blockchain smart contracts facilitate peer-to-peer energy trading among WECS owners and users, promoting efficient renewable energy utilization. The system, analyzed through optimization models, demonstrates a notable reduction in peak demand rate from 40% to 15%, an improvement in energy efficiency from 7% to 12%, and a remarkable 92% increase in utilization efficiency. With a transaction speed of 5s during outages, the B-DDR system proves its capability to enhance MicroGrids, ensuring a robust, efficient, and sustainable energy environment. The incorporation of H-Darius VAWT-based PMSGs and blockchain technology enables precise demand response, achieving effective grid energy state equilibrium while minimizing losses. The self-executing agreements, monitored by H-Darius-PMSG nodes, provide real-time tracking and balancing, addressing the dynamic challenges posed by fluctuating demand requirements in a decentralized and efficient manner.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.