Trustless coordination mechanism for smart grid energy markets, a game theoretic approach

Increasing the amount of  installed renewable energy sources such as solar and wind is an essential step towards the decarbonization of the energy sector. From a technical point of view, however, the stochastic nature of distributed energy resources (DER) causes operational challenges. Among them, unbalance between production and consumption, overvoltage and overload of grid components are …

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Why the energy market needs decentralized architectures

One of the reasons for the high popularity of cryptocurrencies is that they allow a decentralized economic system. This point is unanimously considered pivotal in the crypto world, where the worst insult for a project is calling it ‘centralized’. However, the definition of decentralization is often hardly understood. Even worse, a recent study shows that …

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