Towards Cost-Efficient Management for Power Purchase Agreements Using Blockchain Technology

Simple item page
dc.contributor.authorGutierrez-Aguero, Ivan
dc.contributor.authorBravo, Yesnier
dc.contributor.authorLanda, Daniel
dc.contributor.authorLage, Oscar
dc.contributor.authorSeco, Iñaki
dc.contributor.authorCastillo, Aitor
dc.contributor.editorPrieto, Javier
dc.contributor.editorBenítez Martínez, Francisco Luis
dc.contributor.editorFerretti, Stefano
dc.contributor.editorArroyo Guardeño, David
dc.contributor.editorTomás Nevado-Batalla, Pedro
dc.contributor.institutionCIBERSEC&DLT
dc.contributor.institutionSWT
dc.date.issued2023
dc.descriptionPublisher Copyright: © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.
dc.description.abstractThe difficulty for two parties to efficiently manage the contract conditions and clauses defined in a Power Purchase Agreement introduces several challenges. This manuscript addresses the current management limitations that arise during its lifecycle and offers a new vision adequate to the business implications, the need of transparency and the requirements of edge computing continuous monitoring. Considering the relevant actors, the main scenarios driven by the Power Purchase Agreements and their state-of-the-art contract designs, this manuscript proposes a novel method and procedure to enhance the cost-efficiency of the installations, granting the consumer self-management and the confidence and the guarantee of origin through a trustworthy distributed solution. The method proposed enables total traceability and integrity on the PPA performance in the long-term by applying blockchain technology. A new operational design is proposed, explaining the energy balance and energy cost formulas required by businesses. The results show that blockchain enhances the way of managing data, the data ownership, and the market opportunity.en
dc.description.sponsorshipFunding. The research presented has been done in the context of SDN-microSENSE project. SDN-microSENSE has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 833955. The information contained in this publication reflects only the authors’ view. EC is not responsible for any use that may be made of this information.
dc.description.statusPeer reviewed
dc.format.extent10
dc.identifier.citationGutierrez-Aguero , I , Bravo , Y , Landa , D , Lage , O , Seco , I & Castillo , A 2023 , Towards Cost-Efficient Management for Power Purchase Agreements Using Blockchain Technology . in J Prieto , F L Benítez Martínez , S Ferretti , D Arroyo Guardeño & P Tomás Nevado-Batalla (eds) , Blockchain and Applications, 4th International Congress . Lecture Notes in Networks and Systems , vol. 595 LNNS , Springer Science and Business Media Deutschland GmbH , pp. 314-323 , 4th International Congress on Blockchain and Applications, BLOCKCHAIN 2022 , L´Aquila , Italy , 13/07/22 . https://doi.org/10.1007/978-3-031-21229-1_29
dc.identifier.citationconference
dc.identifier.doi10.1007/978-3-031-21229-1_29
dc.identifier.isbn9783031212284
dc.identifier.issn2367-3370
dc.identifier.urlhttp://www.scopus.com/inward/record.url?scp=85148730137&partnerID=8YFLogxK
dc.language.isoeng
dc.publisherSpringer Science and Business Media Deutschland GmbH
dc.relation.ispartofBlockchain and Applications, 4th International Congress
dc.relation.ispartofseriesLecture Notes in Networks and Systems
dc.relation.projectIDHorizon 2020 Framework Programme, H2020, 833955
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.subject.keywordsBlockchain
dc.subject.keywordsData management automation
dc.subject.keywordsGuarantee of origin
dc.subject.keywordsPower purchase agreement
dc.subject.keywordsSmart contract
dc.subject.keywordsControl and Systems Engineering
dc.subject.keywordsSignal Processing
dc.subject.keywordsComputer Networks and Communications
dc.titleTowards Cost-Efficient Management for Power Purchase Agreements Using Blockchain Technologyen
dc.typeconference output
Files