Quizzes
Participants 17
Our topic for this course is how we can use blockchain to help solve the problems within the energy industry and offer some solutions. But, we first have to learn about the Energy Industry and what are their challenges. First let’s learn about distributed energy (some would call it a grid system).
Distributed Energy Resources (DERs) are small-scale energy generation, storage, and management systems that are located near the end-users, such as homes, businesses, and industrial facilities. They provide an alternative to centralized energy systems and improve grid resilience and reliability.
Demand Side Management (DSM) refers to the control and management of energy demand from end-users to match supply, reduce peak demand and improve energy efficiency.
Distributed Generation (DG) refers to the generation of electricity from multiple small-scale energy sources, such as solar panels, wind turbines, and microturbines, located near the end-users.
Distributed Storage refers to the use of batteries, flywheels, or other storage technologies to store energy generated by distributed generation sources or excess energy from the grid, to be used during periods of high demand or grid outages.
Distributed Energy Resource Aggregation (DERA) refers to the grouping and management of multiple DERs to optimize their operation and increase their overall value to the grid.
Here are some videos that discuss these topics:
Demand Side Management: https://www.youtube.com/watch?v=pTcTtGn0NcE
Distributed Generation: https://www.youtube.com/watch?v=j4dYbJ_DhO4
Distributed Storage: https://www.youtube.com/watch?v=X9jKd4bYk-4
Distributed Energy Resource Aggregation: https://www.youtube.com/watch?v=jKkmW8FCztI