About Asynchronous networked microgrid
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6 FAQs about [Asynchronous networked microgrid]
What is a networked microgrid system?
Here, the architecture of a networked microgrid system has been discussed and peer-to-peer smart power exchange transactions are obtained with information on surplus and deficit power microgrids. The heterogeneous or isomorphic blockchain based platform has been considered for different microgrids.
What is a networked microgrid system (NMS)?
In a networked microgrid system (NMS), various heterogeneous microgrids are interconnected. A networked microgrid system facilitates a new kind of physical design that provides numerous advantages such as distributed economic optimization, reliability, resiliency, and focusing on distributed generations and customers.
What is a network hub of heterogeneous blockchains of network microgrids?
A network hub of heterogeneous blockchains of network microgrids has been proposed. A methodology has been developed to transfer tokens between interoperable blockchains. A distributed identity-based microgrid (DIBM) scheme is incorporated to make the networked microgrid system secure and trustworthy.
Which blockchain based platform has been considered for different microgrids?
The heterogeneous or isomorphic blockchain based platform has been considered for different microgrids. The interoperable ecosystem has been developed for the network hub comprising various kinds of blockchains implemented by microgrids. The token-based smart power contracts have been developed for different microgrids.
Is a distributed identity-based microgrid secure?
A distributed identity-based microgrid (DIBM) scheme is incorporated to make the networked microgrid system secure and trustworthy. This paper suggests an effective consensus protocol for cross-chain architecture that improves the tokenization system and smart power contract designs.
What is power exchange cost in microgrid I?
In the networked microgrid system, the distribution network operator and microgrid charge the amount, in terms of tokens, on each smart transaction. This is known as the power exchange cost to be paid by microgrid i and formulated as given below.
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