TY - GEN
T1 - TRANSAX
T2 - 24th IEEE International Conference on Parallel and Distributed Systems, ICPADS 2018
AU - Laszka, Aron
AU - Eisele, Scott
AU - Dubey, Abhishek
AU - Karsai, Gabor
AU - Kvaternik, Karla
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/7/2
Y1 - 2018/7/2
N2 - Power grids are undergoing major changes due to rapid growth in renewable energy and improvements in battery technology. Prompted by the increasing complexity of power systems, decentralized IoT solutions are emerging, which arrange local communities into transactive microgrids. The core functionality of these solutions is to provide mechanisms for matching producers with consumers while ensuring system safety. However, there are multiple challenges that these solutions still face: privacy, trust, and resilience. The privacy challenge arises because the time series of production and consumption data for each participant is sensitive and may be used to infer personal information. Trust is an issue because a producer or consumer can renege on the promised energy transfer. Providing resilience is challenging due to the possibility of failures in the infrastructure that is required to support these market based solutions. In this paper, we develop a rigorous solution for transactive microgrids that addresses all three challenges by providing an innovative combination of MILP solvers, smart contracts, and publish-subscribe middleware within a framework of a novel distributed application platform, called Resilient Information Architecture Platform for Smart Grid.
AB - Power grids are undergoing major changes due to rapid growth in renewable energy and improvements in battery technology. Prompted by the increasing complexity of power systems, decentralized IoT solutions are emerging, which arrange local communities into transactive microgrids. The core functionality of these solutions is to provide mechanisms for matching producers with consumers while ensuring system safety. However, there are multiple challenges that these solutions still face: privacy, trust, and resilience. The privacy challenge arises because the time series of production and consumption data for each participant is sensitive and may be used to infer personal information. Trust is an issue because a producer or consumer can renege on the promised energy transfer. Providing resilience is challenging due to the possibility of failures in the infrastructure that is required to support these market based solutions. In this paper, we develop a rigorous solution for transactive microgrids that addresses all three challenges by providing an innovative combination of MILP solvers, smart contracts, and publish-subscribe middleware within a framework of a novel distributed application platform, called Resilient Information Architecture Platform for Smart Grid.
UR - http://www.scopus.com/inward/record.url?scp=85063341803&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85063341803&partnerID=8YFLogxK
U2 - 10.1109/PADSW.2018.8645001
DO - 10.1109/PADSW.2018.8645001
M3 - Conference contribution
AN - SCOPUS:85063341803
T3 - Proceedings of the International Conference on Parallel and Distributed Systems - ICPADS
SP - 918
EP - 927
BT - Proceedings - 2018 IEEE 24th International Conference on Parallel and Distributed Systems, ICPADS 2018
PB - IEEE Computer Society
Y2 - 11 December 2018 through 13 December 2018
ER -
