@misc{2ebf562bd8854e58aedd5e9d11b258ba,
title = "A Blockchain Based Co-Simulation Framework for Integrating DERs into Wholesale Electricity Markets",
abstract = "As the number of distributed energy resources (DERs) continue to increase across energy-delivery systems, there remains a need for integrating their capabilities into traditional grid operations. In this paper, a blockchain-based solution is proposed to facilitate FERC's Order No. 2222 implementations. The presented use-case enables small-scale DERs to participate in wholesale market operations through DER aggregators, while also enabling local distribution system operators to enforce distribution system constraints in a secure and traceable manner. The presented use case is built around the Unified Testing Platform (UTP) being developed as a part of the Blockchain for Optimized Security and Energy Management (BLOSEM) project. This is a multi-lab effort intended to simplify the deployment of blockchain-powered grid solutions by enabling the integration of simulation tools, and blockchain technologies through the use of system-agnostic interfaces that provide a modular, interoperable, and reusable connectivity layer.",
keywords = "blockchain testing, cosimulation, market",
author = "Monish Mukherjee and Sebastian-Cardenas, {D. Jonathan} and Balamurugan, {Sivasathya Pradha} and Grant Johnson and {Nikhil Gupta Gourisetti}, Sri and Sydni Credle and Dylan Cutler and Bishnu Bhattarai and Beverly Johnson",
year = "2022",
language = "American English",
series = "Presented at the 2022 IEEE Power & Energy Society General Meeting, 17-21 July 2022, Denver, Colorado",
type = "Other",
}