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Empowering Prosumers in the Energy Sector: Integrating AI and Blockchain for Enhanced Photovoltaic and Battery Systems
  • Oliver Bodemer
Oliver Bodemer

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In this paper, the focus is on a transformative trend in the energy sector: the emergence of energy prosumers. These are individuals who are not just consumers of energy but also producers, primarily through the use of solar panels (photovoltaics or PV) and energy storage systems like batteries. This shift is taking place in residential areas, where homeowners are increasingly playing a pivotal role in the new energy paradigm. The configurations vary, with some homes equipped with neither PV systems nor batteries, others with one of the two, and a select group with both. The role of Artificial Intelligence (AI) in this transformation is central. AI functions as an intelligent energy manager, analyzing, predicting, and optimizing the use and storage of energy. It acts as a crucial component, ensuring efficient and effective energy utilization. Blockchain technology plays a complementary role. Known for its security and transparency, blockchain in this context serves as a trustworthy record-keeper for energy transactions. It ensures that the exchange of energy between individuals is secure and transparent, fostering trust in peer-to-peer energy exchanges. The 'Implementation' section delves into the practical application of AI and blockchain in conjunction with PV systems and batteries. Here, these technologies are not mere theoretical concepts but are actively involved in the practical management of energy systems. The paper also presents a dynamic scenario akin to an energy marketplace, where homeowners are not just passive consumers but active participants in energy trading. This resembles a financial market but is focused on the exchange of energy, marking a significant shift in homeowner roles from mere consumers to key players in the energy market. Ultimately, this paper is more than a collection of data and theories; it narrates the evolution of energy management in society. It envisages a future where homes are not only consumers of energy but also contribute to the energy grid, and every homeowner plays a crucial role in this transformation. AI and blockchain technologies are leading this change, heralding a new era of sustainable and efficient energy use. This journey into the energy sector of the future highlights how AI and blockchain are not just tools but are pivotal in redefining our approach to energy consumption and production.
23 Jan 2024Submitted to TechRxiv
26 Jan 2024Published in TechRxiv