Title
PoW Blockchain infrastructure as a novel approach to power system balancing
Abstract
With the introduction of distributed generation, the power system faces new challenges related to the stability that may result in potential power outages and blackouts. New infrastructures, such as Blockchain Infrastructure (BCI), amplifies the impact on the power system stability by introducing significant power demand. Power system balancing techniques often include power reductions targeted at the customer side, presenting an unwanted effect for end users. Accordingly, this paper proposes a novel approach to providing power system balancing services by utilising a manageable BCI. To validate the balancing principle of BCI, research presented by this paper models BCI hardware by means of parameter identification, model proposal and scale-up to verify technical requirements for providing balancing services in the power system. By scale-up simulation and comparison with technical requirements, BCI fulfils fundamental requirements for providing balancing services. With integration of a control mechanism, a secondary, automatic frequency restoration reserve can be provided, improving power system stability and mitigating potential adverse effects of BCI’s high energy usage.
Year
DOI
Venue
2022
10.23919/MIPRO55190.2022.9803439
2022 45th Jubilee International Convention on Information, Communication and Electronic Technology (MIPRO)
Keywords
DocType
ISSN
Blockchain infrastructure,frequency restoration reserve,modelling,power system balancing,proof of work
Conference
1847-3938
ISBN
Citations 
PageRank 
978-1-6654-8434-3
0
0.34
References 
Authors
2
5
Name
Order
Citations
PageRank
I. Ostheimer100.34
G. Horvat200.34
M. Vukobratović300.34
B. Bijelić400.34
Z. Balkić500.34