@inproceedings{08d0f906be0d463698b5cc5784f5dadc,
title = "Microgrid Transactive Energy Systems: A Perspective on Design, Technologies, and Energy Markets",
abstract = "Prosumers concept has evolved with the technology advancements in renewable energy sources and intelligent responsive load devices. Digitalization paves the way for prosumers participation in energy market with the help of big data and distributed ledger technologies. Hence, power system is becoming more decentralized at distributed level, which consists of prosumers, consumers, and distributed energy resources-based microgrid systems. These microgrid participants require a transactive energy system for energy price signals-based smooth energy transactions among themselves. In this regard, this paper proposes a microgrid transactive energy system design and its functional layers. Blockchain-based transactive energy systems are also discussed. Finally, the peer-to-peer and community-based energy markets are presented.",
keywords = "blockchain, community-based energy market, distributed ledger technology, microgrid, peer-to-peer energy trading, prosumers, Transactive energy",
author = "Zia, {Muhammad Fahad} and Elhoussin Elbouchikhi and Mohamed Benbouzid and Guerrero, {Josep M.}",
year = "2019",
month = oct,
doi = "10.1109/IECON.2019.8926947",
language = "English",
series = "Proceedings of the Annual Conference of the IEEE Industrial Electronics Society",
publisher = "IEEE",
pages = "5795--5800",
booktitle = "IECON 2019 - 45th Annual Conference of the IEEE Industrial Electronics Society Proceedings",
address = "United States",
note = "45th Annual Conference of the IEEE Industrial Electronics Society, IECON 2019 ; Conference date: 14-10-2019 Through 17-10-2019",
}