IEEE Melecon 2020 - Tutorial Track 4, Part 1 - Pierluigi Siano - IoT-based Methods & Architectures for Demand Response in Smart Grids

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#smart energy market #smart grid

The tutorial is focused on the local smart electricity market where even small-size consumers and prosumers can sell/buy the locally produced electrical energy or power to contribute to the balance of the power system.

The increasing penetration of renewable energy sources and the empowerment of consumers as a central and active solution to deal with the generation variability are paving the path towards local energy markets. 

The local electricity market is managed by a commercial aggregator, organized as a Virtual Power Plant (VPP), that gathers the energy/power flexibility offered from its consumers/prosumers portfolio.

The proposed local smart energy market is managed by a cyber-physical platform based on blockchain, able to guarantee a real competitive behavior in the market and the mutual interactions between different systems (electrical system, telecommunication system, and system for blockchain transactions), the aggregator, and the industrial, commercial and domestic consumers and prosumers.

Prosumers involved in the local market managed by the aggregator will optimally change their consumption patterns and power generation according to a price signal or an activation request to provide ancillary services.

The tutorial is focused on the local smart electricity market where even small-size consumers and prosumers can sell/buy the locally produced electrical energy or power to contribute to the balance of the power system.

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