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Multi-use of stationary battery storage systems with blockchain based markets

  • This article proposes a basic concept for the multi-use of stationary battery storage systems with multiple stakeholders to improve the economic value of battery storage systems. An auction market is suggested, where segments of the energy storage system and rights of use are auctioned. The blockchain technology is incorporated to develop a generic, low-cost concept that enables distinct obligations between the stakeholders caused by the technical operation of the battery storage system. Smart contracts allow flexible sharing of the battery storage system and increase the system’s utilization ratio in the presence of prediction uncertainties.

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Author:Cong Nam Truong, Michael Schimpe, Uli Bürger, Holger C. HesseORCiDGND, Andreas JossenORCiD
DOI:https://doi.org/10.1016/j.egypro.2018.11.070
Identifier:1876-6102 OPAC HS OPAC extern
Parent Title (English):Energy Procedia
Publisher:Elsevier
Place of publication:Amsterdam
Document Type:Article
Language:English
Year of first Publication:2018
Volume:155
Number of pages:14 Seiten
First Page:3
Last Page:16
Institutes:Fakultät Maschinenbau
Dewey Decimal Classification:6 Technik, Medizin, angewandte Wissenschaften / 62 Ingenieurwissenschaften
Open Access:open_access
Research focus:FSP1: Energie
Publication Lists:Hesse, Holger
Publication reviewed:begutachtet
Licence (German):Creative Commons - CC BY-NC-ND - Namensnennung - Nicht kommerziell - Keine Bearbeitungen 4.0 International
Release Date:2022/09/08
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