Novel donation sharing mechanisms under smart energy cyber-physical-social system and DLT to contend the energy poverty problem
Peer reviewed, Journal article
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Date
2021Metadata
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Abstract
The objective of this study is to introduce a new use case under smart energy cyber-physical-social system (CPSS) that brings together the competence of distributed ledger technology (DLT) and essence of peer-to-peer local energy markets. This use case involves donation sharing under a DLT-based charity system to support financially-disadvantaged citizens in covering their residential energy requirements in an anonymous and effective manner, as a means to contend the notorious energy poverty problem. Essential architecture and processes for such a sharing concept are discussed by adopting a layer-based representation of the smart energy CPSS. Fundamental step-by-step interactions among its functional layers for realizing prospective social welfare benefits are illustrated. Based on this framework, two distinct donation sharing mechanisms that work under a DLT-empowered local market setting are proposed. Operation of these donation sharing mechanisms are illustrated on a local energy market with resorting to a sample daily energy profile and a series of hybrid scenarios. Effect of donation sharing on accounts of market participants and charity system are detailed.