Abstract
The role of prosumers who are consumers who produce, store, and consume energy is vital to the uptake of renewable energies in Local Energy Communities (LEC). However, the integration of prosumers in the smart grid to facilitate bidirectional flows of energy and information depends on intelligent operations of energy systems and flexible structures of the existing energy markets. But existing energy trading mechanisms are faced with issues of trust, privacy, security, and energy pricing determination. Also, there are fewer studies based on a citizen-centric prosumer approach. Thus, there is need to provide reliable solutions that addresses the aforementioned challenges faced by prosumers in LEC. Advancements in disruptive technologies, such as Distributed Ledger Technologies (DLT), Artificial Intelligence (AI), and the Internet of Things (IoT) have transformed a broad spectrum of intelligent systems in smart cities. Therefore, this study examines the integration of AI and IoT as AIoT and DLT towards a citizen-centric prosumer approach for decentralized energy markets trading. Additionally, this article develops an architectural model for energy prosumption in LEC using design science approach based on a user-centred design method that shows a possible implementation concept to support energy sharing and trading in LEC. The architectural model supports trust, data privacy, security, and energy pricing determination using AI and smart contracts to provides real-time energy trading monitoring, easy access, control, and immutable logs to unearth underlying energy demand and supply patterns thereby supporting citizen-centric prosumer approach. Finally, a use case scenario of DLT and AIoT for prosumption operations is presented.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
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.