A Secured and Trusted Demand Response system based on Blockchain technologies

Abstract

The aim of the proposed work is to introduce a secure and interoperable Demand Response (DR) management platform that will assist Aggregators (or other relevant Stakeholders involved in DR business scenarios) in their decision making mechanisms over their portfolios of prosumers. This novel architecture incorporates multiple strategies and policies provided from energy market stakeholders, establishing a more modular and future-proof DR solution. By employing an innovative multi-agent decision making system and self-learning algorithms to enable aggregation, segmentation and coordination of several diverse clusters, consisting of supply and demand assets, a fully autonomous design will be delivered. This DR framework is further fortified in terms of data security by not only implementing cutting-edge blockchain infrastructure, but also by making use of Smart Contracts and Decentralized Applications (dApps) which will further secure and facilitate Aggregators-to-Prosumers transactions. The blockchain technologies will be combined with well-known open protocols (i.e. OpenADR) towards also supporting interoperability in terms of information exchange.