Commentary on the Emerging Energy Blockchain Technology

Abstract

Zhihao Li, Jiapeng Su, Anjun Jin

This article promotes the emerging technology application of the energy blockchain (EBC) innovation and the published energy source (PES). The prosumer, for the most part, expends energy of its own and utilizes an incorporated energy framework that occasionally produces energy for other customers. A complimentary multi-energy sources can improve various quality and increase the merit of the application of renewable energies. For example, an underlining case for the ocean thermal energy conversion (OTEC) is investigated. Firstly, the restriction on a traditional OTEC is ordinarily at about 3% that can be overcome with an improved efficiency which is at 6% to 12% as shown in this study. Second, the contextual investigation should shed light on the demonstration and system produced for EBC. Third, a precise investigation uses the EBC input parameters as follows: OTEC multi-energy complementarity, energy storage/ power parameter, and the smart grid power. A complimentary multi-energy sources can improve various quality, increase the merit of the application of renewable energies. The author constructs a mathematical model to study the maximal available benefit for a prosumer. This model connects the electric load to the external grid power through a gate-control that has a smart meter inside the prosumer’s EBC framework. All the above parameters usually depend on time variables. Finally, this study is to present EBC properties in the view of a PES value dependency law. Output and its optimization is to resolve the dependency law upon input parameters referenced at above. The optimum solution increases the benefit for the prosumer

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