2017/09/27 by Karla Kvaternik, Aron Laszka, Kvaternik, Karla +15
Computer Science · Engineering · #Blockchain Technology Applications and Security #Caching and Content Delivery #Distributed #FOS: Computer and information sciences #Parallel #Smart Grid Energy Management #and Cluster Computing (cs.DC) #cs.DC
paper · pdf · doi:10.48550/arxiv.1709.09597
openalex publication_date 2017/09/27 · arxiv created 2018/01/30 · arxiv updated 2018/02/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Transactive energy systems (TES) are emerging as a transformative solution for the problems faced by distribution system operators due to an increase in the use of distributed energy resources and a rapid acceleration in renewable energy generation. These, on one hand, pose a decentralized power system controls problem, requiring strategic microgrid control to maintain stability for the community and for the utility. On the other hand, they require robust financial markets operating on distributed software platforms that preserve privacy. In this paper, we describe the implementation of a novel, blockchain-based transactive energy system. We outline the key requirements and motivation of this platform, describe the lessons learned, and provide a description of key architectural components of this system.