conference-paper Open access

Towards a Cloud-based Platform Architecture for a Decentralized Market Agent

  • Publikationsdatenbank der Fraunhofer-Gesellschaft (Fraunhofer-Gesellschaft)
  • Fraunhofer-Gesellschaft
Research footprint

At a glance

Citations
3
References
17
Comments
0
Paper overview

Abstract

Reorganization of power generation, thereby replacing conventional energy sources by innovative renewable energy sources, demands a change in distribution grid structure and operation. The foreseen Decentralized Marked Agent is a new role in the energy market sector accomplishing not only trading on energy and operating reserve markets but also regulating flexibilities at the distribution grid level, such as energy storage and decentralized energy generators, and thereby considering system services and securing system stability. This paper presents requirements on an IT system to support this new role. We design an architecture matching these requirements and show how Cloud computing technology can be used to implement the architecture. This enables data concerning the distribution grid being automatically gathered and processed by dedicated algorithms, aiming to optimize cost efficient operation and the development of the distribution grid.

Record transparency

Publication details

OpenAlex
W2404607748
Document type
conference-paper
Language
EN
Source
Publikationsdatenbank der Fraunhofer-Gesellschaft (Fraunhofer-Gesellschaft)
Last metadata update
Community

Comments

Log in to join the discussion.

  1. No comments yet. Start the discussion.