A Blockchain-Powered Digital Twin Architecture for Consumer-Centric Energy Systems

A Blockchain-Powered Digital Twin Architecture for Consumer-Centric Energy Systems

This paper introduces the EU-DREAM initiative, which combines Blockchain/Distributed Ledger Technology (DLT) and Digital Twin (DT) to achieve secure, transparent, and consumer-centric energy services. We discuss the high-level system architecture, emphasising how DLT ensures data integrity and how DT enable real-time scenario and historical analysis with DLT integrity-certified data for users. We describe the core…

Optimal Operation Model of Near-Zero-Energy Service Buildings and Residential Consumers Considering Peer-to-Peer Power Transactions

Optimal Operation Model of Near-Zero-Energy Service Buildings and Residential Consumers Considering Peer-to-Peer Power Transactions

This study explores how near zero-energy buildings (nZEBs) can integrate variable renewable energy sources (vRES), energy storage systems (ESS), electric vehicles (EVs), and peer-to-peer (P2P) energy transactions to reduce costs and enhance sustainability. While residential nZEBs have been widely studied, service buildings remain underexplored despite their significant energy impact. Using a 9-bus test system, results…

Blockchain and Virtual Power Plants for Decentralized Energy Empowerment

Blockchain and Virtual Power Plants for Decentralized Energy Empowerment

The energy sector is embracing decentralized, sustainable models to enhance efficiency and address climate challenges. Blockchain, smart grids, and Virtual Power Plants (VPPs) are transforming energy management, enabling secure Peer-to-Peer (P2P) trading and optimizing Distributed EnergyResources (DERs). This synergy fosters grid stability, local storage, and new business models, bridging gaps between producers and consumers. This…

Fair Energy Sharing Strategy for Smart Homes in Local Energy Communities

Fair Energy Sharing Strategy for Smart Homes in Local Energy Communities

Energy sharing between energy community members should be fair and supportive. Prosumers and consumers can effectively interact within the local energy community (LEC), while a fair energy-sharing mechanism is required to guarantee market liquidity. From the prosumer’s point of view, the power injection to the LEC is more attractive and profitable than selling the energy…