Small Producer Energy Trading Control via Blockchain
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Solution Overview
Problem
Private end users and small energy producers lack flexibility in managing and trading electrical energy due to fixed supply arrangements and inability to directly participate in energy markets, limiting their influence over energy suppliers and pricing.
Innovation Solution
An apparatus and method for controlling energy supply and demand in small producer networks, utilizing a transaction unit, measuring system, and control system with a logic unit, allowing for communication and negotiation of energy transactions via a blockchain network, enabling flexible energy trading between private users and producers without requiring cross-regional transmission system operators.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If fixed supply arrangements are used, then supply reliability is ensured, but flexibility in energy trading and pricing is lost
Solution Approach 1:
The patent implements dynamic energy trading by enabling real-time negotiation and adjustment of energy transactions between producers and consumers. The system allows flexible pricing and trading conditions that adapt to current supply and demand situations, while maintaining reliable supply through automated control systems that execute agreed transactions.
Solution Approach 2:
The patent introduces an intermediary communication system that facilitates energy trading between producers and consumers without requiring traditional distribution system operators. This intermediary platform enables direct negotiation and transaction coordination, providing flexibility while ensuring reliable execution through automated control.
2Productivity
If cross-regional transmission system operators are involved, then energy transmission capability is enhanced, but transaction complexity and requirements increase
Solution Approach 1:
The patent extracts the essential energy trading function from the complex transmission system operator framework. By implementing direct peer-to-peer trading between producers and consumers with automated control, the system removes the need for cross-regional transmission system operators while maintaining transmission capability through simplified direct connections.
Solution Approach 2:
The patent enables self-service energy trading where producers and consumers directly negotiate and execute transactions without external intermediaries. The automated control systems handle transmission coordination independently, reducing transaction complexity while preserving energy transmission capability.
3Adaptability or versatility
If direct energy trading is enabled, then trading flexibility is improved, but measurement and control requirements increase
Solution Approach 1:
The patent merges measurement, control, and trading functions into an integrated system. The measurement system directly communicates with the control system, which automatically executes trading decisions. This integration reduces overall complexity despite enhanced trading flexibility by eliminating separate manual processes.
Solution Approach 2:
The patent implements feedback loops where measurement data on energy production and consumption automatically feeds into the control system. This real-time feedback enables dynamic trading adjustments while simplifying control requirements through automated decision-making based on measured parameters.
Data Source
AI summary
A device for controlling the feeding and discharging of electrical energy in or from a small producer network having at least one energy producer and at least one energy consumer. The device includes a transaction unit for communicating with at least one electronic energy trade prospect in order to negotiate and/or to define a transaction of a predefined quantity of energy; a measuring system for measuring a quantity of fed or discharged energy; a control system, which is in communication with the measuring system, designed to feed or to discharge the predefined quantity of energy via an electrical cable and controlled via a logic unit.