Fundamental Studies of Smart Distributed Energy Resources along with Energy Blockchain

A. J. Jin (), C. Li, J. Su and J. Tan
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A. J. Jin: The Maritime Faculty, Ningbo University, Ningbo 315000, China
C. Li: College of Artificial Intelligence, Nanjing University of Information Science and Technology, Nanjing 210044, China
J. Su: The Maritime Faculty, Ningbo University, Ningbo 315000, China
J. Tan: School of Computing and Data Engineering, NingboTech University, Ningbo 315100, China

Energies, 2022, vol. 15, issue 21, 1-12

Abstract: This article studies the broad methodology and major application of smart distributed energy resources (DER) in terms of energy generation, consumption, transaction, and power scheduling. This article simplifies a general DER system into a generic type of integrated DER model. This model is used to investigate a smart DER system that transforms three input parameters, (3I parameters) into three critical output functions(3O functions); hence, the model is also called the 3I3O model. The power at a common connection joint can be enabled by a computer that makes computerized decisions to utilize smart DER. Therefore, the computer algorithm collects various data fed into a computer for deep learning and artificial intelligence (AI) decision making. The authors demonstrate important results and the best solutions to meet power demand, offer an economic advantage and have a low carbon footprint for consumers. Moreover, several network blockchain options are discussed. EBC and DER represent an ideal combination with advantages in managing exergy through so-called intelligent power technology. This technology is discussed in detail and includes special hardware, software, and a broad set of computerized intelligence. Finally, the exergy that can possibly be achieved for smart DER systems is discussed.

Keywords: distributed energy resources; decarbonized power; power utility matrix; renewable energy; energy blockchain; keyless blockchain-as-a-service; exergy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
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