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Energy internet, the future electricity system: Overview, concept, model structure, and mechanism

Joseph, A and Balachandra, P (2020) Energy internet, the future electricity system: Overview, concept, model structure, and mechanism. In: Energies, 13 (6).

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Official URL: https://dx.doi.org/10.3390/en13164242


Energy Internet, a futuristic evolution of electricity system, is conceptualized as an energy sharing network. Its features, such as plug-and-play mechanism, real-time bidirectional flow of energy, information, and money can lead to significant benefits and innovation in electricity production and utilization. Energy Internet integrates small-scale renewable energy systems, electric loads, storage devices, and electric vehicles for effective transaction of power backed by emerging technologies such as Internet of Things, vehicle-to-grid, and blockchain. At present, there is no scaled-up working model of Energy Internet, and literature is scarce, which makes the research in this domain significant, novel, and timely. Given this, an attempt is made to develop the conceptual model of an Energy Internet, elaborate its structure and components, and discuss its operational principles. First, a comprehensive overview of Energy Internet is presented along with its aptness as a future evolution of electricity system. Second, concepts, architectures, and features that underpin Energy Internet are outlined. Third, concept of �Energy Intranet� is introduced to denote the scaled-down version of Energy Internet, which embodies energy prosumers and local energy markets to form a local energy cluster. Finally, discussion is presented on the network structure of Energy Internet, relevance of emerging technologies and innovative operational mechanisms.

Item Type: Journal Article
Publication: Energies
Publisher: MDPI AG
Additional Information: The copyuright of this article belongs to MDPI AG
Keywords: Renewable energy resources; Virtual storage, Bi-directional flows; Electricity production; Electricity system; Emerging technologies; Operational mechanism; Operational principles; Renewable energy systems; Scaled-down versions, Vehicle-to-grid
Department/Centre: Division of Interdisciplinary Sciences > Management Studies
Date Deposited: 22 Oct 2020 11:18
Last Modified: 22 Oct 2020 11:18
URI: http://eprints.iisc.ac.in/id/eprint/66606

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