Back to Course Solving the Distributed Energy Dilemma with Blockchain 0% Complete 0/0 Steps Distributed Energy Introduction 2 Topics Distributed Energy Resources (DERs) System Operator Models Energy Industry Challenges 3 Topics Affordability Data Management Grid Resilience Energy Industry Solutions 3 Topics Blockchain uses to reduce costs Data management and Decentralization Availability and Capacity Management Summary and Final Thoughts 1 Topic Introduction of the Blockchain Maturity Model Quizzes Distributed Energy Quiz Participants 4682 Ksenija Cipek Antony Abell Hamza Minh Stetson Bryson Show more Quiz 1 of 1 ← Previous Distributed Energy Quiz Ashley July 17, 2023 Solving the Distributed Energy Dilemma with Blockchain Distributed Energy Quiz Quiz Materials https://ieeexplore.ieee.org/document/9801819 Time limit: 0 Quiz Summary 0 of 10 Questions completed Questions: Information You have already completed the quiz before. Hence you can not start it again. Quiz is loading… You must sign in or sign up to start the quiz. You must first complete the following: Results Quiz complete. Results are being recorded. Results 0 of 10 Questions answered correctly Your time: Time has elapsed You have reached 0 of 0 point(s), (0) Earned Point(s): 0 of 0, (0) 0 Essay(s) Pending (Possible Point(s): 0) Categories Not categorized 0% 1 2 3 4 5 6 7 8 9 10 Question 1 of 10 1. Question What isn’t main opportunities of blockchain in DER integration and management? Decentralization Correct Incorrect Correct answer Transparency Correct Incorrect Correct answer Security Correct Incorrect Correct answer Efficiency Correct Incorrect Correct answer Non-Scalability Correct Incorrect Correct answer Correct Incorrect Question 2 of 10 2. Question What are the main challenges of blockchain in Distributed Energy Resource integration and management? Centralization Correct Incorrect Correct answer Technical Complexity Correct Incorrect Correct answer Policy support Correct Incorrect Correct answer Development Costs Correct Incorrect Correct answer Non Standardization Correct Incorrect Correct answer Correct Incorrect Question 3 of 10 3. Question What are the main barriers to the adoption of blockchain in DER integration and management? High cost of development and implementation Correct Incorrect Correct answer Lack of standards and Regulations Correct Incorrect Correct answer The complexity of the technology Correct Incorrect Correct answer All of the above answers are correct. Correct Incorrect Correct answer Correct Incorrect Question 4 of 10 4. Question How can blockchain help to reduce centralization in the energy sector? Allowing peer-to-peer energy trading. Correct Incorrect Correct answer Providing a secure and transparent way to track energy tranactions. Correct Incorrect Correct answer Financial for the home owner Correct Incorrect Correct answer Correct Incorrect Question 5 of 10 5. Question Let’s try to line up the benefits and risks to blockchain for distribution energy resources Sort elements benefit Benefit Benefit Benefit Benefit Risk Risk Risk Risk Increased efficiency Correct Incorrect Correct answer Reduced cost Correct Incorrect Correct answer Improved Security Correct Incorrect Correct answer Increased transparency Correct Incorrect Correct answer Enhanced coordination Correct Incorrect Correct answer Security vulnerabilities Correct Incorrect Correct answer Technical complexity Correct Incorrect Correct answer Lack of standards and regulations Correct Incorrect Correct answer High cost of development and implementation Correct Incorrect Correct answer Correct Incorrect Question 6 of 10 6. Question What is not a future challenge or opportunity for blockchain in Distributed Energy Resources management and integration? The need to develop and implement standardized protocols and regulations Correct Incorrect Correct answer The need to reduce the cost of development and implementation Correct Incorrect Correct answer The need to address security vulnerabilities Correct Incorrect Correct answer The development of new blockchain-based applications for DER management and integration Correct Incorrect Correct answer This stuff is easy and doesn't take long at all Correct Incorrect Correct answer Correct Incorrect Question 7 of 10 7. Question What does DER stand for? Correct Incorrect Question 8 of 10 8. Question What standardized scheme within regulatory market and institutional frameworks to guide the deployment of blockchain for DER’s? IEEE 1547 Correct Incorrect Correct answer IEEE 2030 Correct Incorrect Correct answer NFPA-1 Fire Code 11.12 Correct Incorrect Correct answer There isn't one – yet Correct Incorrect Correct answer Correct Incorrect Question 9 of 10 9. Question What technology or technologies does blockchain rely on to take full advantage of the utilities it can offer? Internet of things (IOT) Correct Incorrect Correct answer AMI – Advanced Metering Interfaces Correct Incorrect Correct answer AI Correct Incorrect Correct answer VPP – Virtual Power Plants Correct Incorrect Correct answer Smart Grids Correct Incorrect Correct answer Local energy communities Correct Incorrect Correct answer All of the above and more Correct Incorrect Correct answer Correct Incorrect Question 10 of 10 10. Question What fields of DER should be researched for developing blockchain based applications? Regulatory Correct Incorrect Correct answer Scientific Correct Incorrect Correct answer Market Correct Incorrect Correct answer All of the above among others Correct Incorrect Correct answer Correct Incorrect
