LAPSE:2023.16224
Published Article
LAPSE:2023.16224
A Flexibility Market Platform for Electricity System Operators Using Blockchain Technology
Valeri Mladenov, Vesselin Chobanov, George Calin Seritan, Radu Florin Porumb, Bogdan-Adrian Enache, Vasiliki Vita, Marilena Stănculescu, Thong Vu Van, Dimitrios Bargiotas
March 3, 2023
The paper’s main objective is to demonstrate the trading and flexibility of services amongst TSOs, DSOs, and Prosumers in a transparent, secure, and cost-effective manner using Blockchain-based TSO-DSO flexibility marketplace (EFLEX). The aim is to look for ways to help DSOs/TSOs be more flexible and more directly engaged in managing energy flows on the network. EFLEX will streamline the needs of both TSO and DSO on the same platform. Based on the paper’s proposed services, the pilot service demonstration will be carried out in Bulgaria and Romania, and the main focus will be on congestion management, TSO-DSO Coordination, and Marketplace. The proposed objective is achieved by using Blockchain-based smart contracts and distributed ledger technology.
Keywords
blockchain, DSO, flexibility market, prosumers, TSO
Suggested Citation
Mladenov V, Chobanov V, Seritan GC, Porumb RF, Enache BA, Vita V, Stănculescu M, Vu Van T, Bargiotas D. A Flexibility Market Platform for Electricity System Operators Using Blockchain Technology. (2023). LAPSE:2023.16224
Author Affiliations
Mladenov V: Faculty of Automatics, Technical University of Sofia, 1000 Sofia, Bulgaria [ORCID]
Chobanov V: Faculty of Automatics, Technical University of Sofia, 1000 Sofia, Bulgaria
Seritan GC: Faculty of Electrical Engineering, University “Politehnica” of Bucharest, 061071 Bucharest, Romania [ORCID]
Porumb RF: Faculty of Power Engineering, University “Politehnica” of Bucharest, 061071 Bucharest, Romania
Enache BA: Faculty of Electrical Engineering, University “Politehnica” of Bucharest, 061071 Bucharest, Romania
Vita V: ASPETE-School of Pedagogical and Technological Education, 14121 Athens, Greece
Stănculescu M: Faculty of Electrical Engineering, University “Politehnica” of Bucharest, 061071 Bucharest, Romania [ORCID]
Vu Van T: EMAX, 41040 Brussels, Belgium
Bargiotas D: Department of Electrical and Computer Engineering, University of Thessaly, Sekeri & Cheiden Str., 38334 Volos, Greece [ORCID]
Journal Name
Energies
Volume
15
Issue
2
First Page
539
Year
2022
Publication Date
2022-01-12
Published Version
ISSN
1996-1073
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Original Submission
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PII: en15020539, Publication Type: Journal Article
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LAPSE:2023.16224
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doi:10.3390/en15020539
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Mar 3, 2023
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