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Energy Management System for Inter-Connected Self-Sufficient Microgrids with Blockchain-Based Peer-to-Peer Energy Market

  • LUT University

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

Microgrids powered by renewable energy-based solar photo-voltaics (PV) and battery energy storage systems are a viable techno-economical solution in providing electricity to off-the-grid and rural areas in sub-Saharan Africa (SSA). Smart and productive use of available energy capacity of off-grid microgrids is the key element in the context of rural electrification, where customers' ability to pay and purchase power are limited. For cost-efficient utilization and distribution of renewable energy resources, this paper describes a methodology of an intermicrogrid energy management system (inter-MGEMS) applied in the concept of electrification with inter-connected self-sufficient microgrids. An an agent, that is, software, acts on behalf of microgrids' customers, to first enable, and also simplify their engagement to the energy trading. It utilizes a long short-term memory (LSTM) model to predict the consumer load profiles over the day and night periods, and based on that estimates the profiles for the energy available to be shared among the interconnected microgrids. The available energy bids are placed at the inter-MGEMS. The energy trading in the inter-MGEMS is based on non-cooperative game theory approach, where each microgrid independently attempts to maximize its profit. The blockchain is used as a ground technology for the energy trading platform.

Original languageEnglish
Title of host publication2025 21st International Conference on the European Energy Market, EEM 2025
PublisherIEEE
Number of pages6
ISBN (Electronic)979-8-3315-1278-1
DOIs
Publication statusPublished - 2025
MoE publication typeA4 Conference publication
EventInternational Conference on the European Energy Market - Lisbon, Portugal
Duration: 27 May 202529 May 2025
Conference number: 21

Publication series

NameInternational Conference on the European Energy Market
PublisherIEEE
ISSN (Print)2165-4077
ISSN (Electronic)2165-4093

Conference

ConferenceInternational Conference on the European Energy Market
Abbreviated titleEEM
Country/TerritoryPortugal
CityLisbon
Period27/05/202529/05/2025

Funding

This work was developed within the framework of the Prosumer-driven green and digital transition towards de-centralized peer-to-peer energy com- munities (PROGE) project. The PROGE research project has received funding from the Research Council of Finland (decision number 357187).

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • Blockchain
  • dynamic pricing
  • off-grid
  • peer-to-peer
  • rural electrification

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