Fully decentralized, cost-effective energy demand response management system with a smart contracts-based optimal power flow solution for smart grids

• Main Authors: Merrad, Yacine, Habaebi, Mohamed Hadi, Toha, Siti Fauziah, Islam, Md. Rafiqul, Gunawan, Teddy Surya, Mesri, Mokhtaria
• Format: Article
• Language: English; English
• Published: MDPI 2022
• Subjects: TK Electrical engineering. Electronics Nuclear engineering
• Online Access: http://irep.iium.edu.my/98407/7/98407_Fully%20decentralized%2C%20cost-effective%20energy.pdf; http://irep.iium.edu.my/98407/13/Scopus%20-%20Document%20details%20-%20Fully%20Decentralized%2C%20Cost-Effective%20Energy%20Demand%20_scopus.pdf; http://irep.iium.edu.my/98407/; https://www.mdpi.com/journal/energies
• Institution: Universiti Islam Antarabangsa Malaysia

Recent advances in control, communication, and management systems, as well as the widespread use of renewable energy sources in homes, have led to the evolution of traditional power grids into smart grids, where passive consumers have become so-called prosumers that feed energy into the grid. On...