Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Online Research Data...arrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
International Journal of Electrical Power & Energy Systems
Article . 2021 . Peer-reviewed
License: Elsevier TDM
Data sources: Crossref
versions View all 3 versions
addClaim

This Research product is the result of merged Research products in OpenAIRE.

You have already added 0 works in your ORCID record related to the merged Research product.

Sustainable microgrid design considering blockchain technology for real-time price-based demand response programs

Authors: Tsao, Y.-C.; Thanh, V.-V.; Wu, Q.;

Sustainable microgrid design considering blockchain technology for real-time price-based demand response programs

Abstract

Abstract In recent years, rapidly increasing electric power demand and organizational concerns regarding social and environmental issues have resulted in significant attention being given to microgrids. However, sustainable microgrids that simultaneously address economic benefits and environmental and social issues have not been broadly explored by researches. This study addresses the sustainable microgrid design problem by leveraging blockchain technology to provide the real time-based demand response programs. Three sustainable objectives (economy, environment, and society) are formulated by a multi-objective mixed integer-linear programming model. A robust fuzzy multi-objective optimization approach is proposed to determine the optimal number, location, and capacity of renewable distributed generation units as well as the equilibrium supply and dynamic pricing decisions under uncertain demand, capacity, and economic, environmental, and social parameters. The proposed model and solution approach are then applied to a case study in Vietnam. We find that blockchain technology-based sustainable microgrid can result in a 1.68% and 2.61% increase of profitability and consumer satisfaction, respectively, and a 0.97% reduction of environmental impacts.

Countries
Denmark, Taiwan
Keywords

Robust multi-objective optimization, Demand response, Microgrid, Blockchain technology, Fuzzy programming, Robust multi objective optimization, /dk/atira/pure/sustainabledevelopmentgoals/affordable_and_clean_energy; name=SDG 7 - Affordable and Clean Energy, Sustainability

Powered by OpenAIRE graph
Found an issue? Give us feedback