A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets

Monish Mukherjee; D. Jonathan Sebastian-Cardenas; Sivasathya Pradha Balamurugan; Grant Johnson; Sri Nikhil Gupta Gourisetti; Sydni Credle; Dylan Cutler; Bishnu Bhattarai; Beverly Johnson

doi:10.1109/PESGM48719.2022.9916909

A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets

Monish Mukherjee, D. Jonathan Sebastian-Cardenas, Sivasathya Pradha Balamurugan, Grant Johnson, Sri Nikhil Gupta Gourisetti, Sydni Credle, Dylan Cutler, Bishnu Bhattarai, Beverly Johnson

Energy Security and Resilience Center

Research output: Contribution to conference › Paper › peer-review

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.

Original language	American English
Number of pages	5
DOIs	https://doi.org/10.1109/PESGM48719.2022.9916909 https://doi.org/10.1109/PESGM48719.2022.9916909
State	Published - 2022
Event	2022 IEEE Power and Energy Society General Meeting, PESGM 2022 - Denver, United States Duration: 17 Jul 2022 → 21 Jul 2022

Conference

Conference	2022 IEEE Power and Energy Society General Meeting, PESGM 2022
Country/Territory	United States
City	Denver
Period	17/07/22 → 21/07/22

Bibliographical note

See NREL/CP-5R00-81410 for preprint

NREL Publication Number

NREL/CP-5R00-84973

Keywords

Blockchain Interoperability
Blockchain-Grid Co-simulation
DER Integration
FERC Order No. 2222

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Mukherjee, M., Sebastian-Cardenas, D. J., Balamurugan, S. P., Johnson, G., Gupta Gourisetti, S. N., Credle, S., Cutler, D., Bhattarai, B., & Johnson, B. (2022). A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets. Paper presented at 2022 IEEE Power and Energy Society General Meeting, PESGM 2022, Denver, United States. https://doi.org/10.1109/PESGM48719.2022.9916909, https://doi.org/10.1109/PESGM48719.2022.9916909

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title = "A Blockchain Based Co-Simulation Framework for Integrating DERs to 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 Interoperability, Blockchain-Grid Co-simulation, DER Integration, FERC Order No. 2222",

author = "Monish Mukherjee and Sebastian-Cardenas, {D. Jonathan} and Balamurugan, {Sivasathya Pradha} and Grant Johnson and {Gupta Gourisetti}, {Sri Nikhil} and Sydni Credle and Dylan Cutler and Bishnu Bhattarai and Beverly Johnson",

note = "See NREL/CP-5R00-81410 for preprint; 2022 IEEE Power and Energy Society General Meeting, PESGM 2022 ; Conference date: 17-07-2022 Through 21-07-2022",

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Mukherjee, M, Sebastian-Cardenas, DJ, Balamurugan, SP, Johnson, G, Gupta Gourisetti, SN, Credle, S, Cutler, D, Bhattarai, B & Johnson, B 2022, 'A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets', Paper presented at 2022 IEEE Power and Energy Society General Meeting, PESGM 2022, Denver, United States, 17/07/22 - 21/07/22. https://doi.org/10.1109/PESGM48719.2022.9916909, https://doi.org/10.1109/PESGM48719.2022.9916909

A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets. / Mukherjee, Monish; Sebastian-Cardenas, D. Jonathan; Balamurugan, Sivasathya Pradha et al.
2022. Paper presented at 2022 IEEE Power and Energy Society General Meeting, PESGM 2022, Denver, United States.

Research output: Contribution to conference › Paper › peer-review

TY - CONF

T1 - A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets

AU - Mukherjee, Monish

AU - Sebastian-Cardenas, D. Jonathan

AU - Balamurugan, Sivasathya Pradha

AU - Johnson, Grant

AU - Gupta Gourisetti, Sri Nikhil

AU - Credle, Sydni

AU - Cutler, Dylan

AU - Bhattarai, Bishnu

AU - Johnson, Beverly

N1 - See NREL/CP-5R00-81410 for preprint

PY - 2022

Y1 - 2022

N2 - 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.

AB - 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.

KW - Blockchain Interoperability

KW - Blockchain-Grid Co-simulation

KW - DER Integration

KW - FERC Order No. 2222

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DO - 10.1109/PESGM48719.2022.9916909

M3 - Paper

AN - SCOPUS:85141493787

T2 - 2022 IEEE Power and Energy Society General Meeting, PESGM 2022

Y2 - 17 July 2022 through 21 July 2022

ER -

Mukherjee M, Sebastian-Cardenas DJ, Balamurugan SP, Johnson G, Gupta Gourisetti SN, Credle S et al.. A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets. 2022. Paper presented at 2022 IEEE Power and Energy Society General Meeting, PESGM 2022, Denver, United States. doi: 10.1109/PESGM48719.2022.9916909, 10.1109/PESGM48719.2022.9916909

A Blockchain Based Co-Simulation Framework for Integrating DERs to Wholesale Electricity Markets

Abstract

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Bibliographical note

NREL Publication Number

Keywords

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