The modern power systems are evolving in parallel to the development of other technological trends such as decarbonization and digitalization. While penetration renewable energy resources is increasing within national regional mix, emerging digitalization technologies, artificial intelligence blockchain technology shaping systems. Especially has a very high potential disrupt current future sector landscape by enabling various use cases this domain. This paper aims prioritize different where...

Advancements in material science and production technologies of solar photovoltaics (PV) system components, have obvious impacts terms Levelized Cost Electricity (LCOE) reductions over time. Beside such physical sciences, digitalization increasingly positive on the cost efficient operation investment planning energy investments keep current decline trajectory for PV industry. One option to achieve this may be through digital financial innovations as Distributed Ledger Technology (DLT) based...

Renewable Energy Certificates (RECs) are tradable units that represent the commodity in form of environmental attributes generated for each unit electricity produced by a renewable energy source. Furthermore, sector's digitalization ushers new crucial enablers like Distributed Ledger Technology (DLT), which may be used REC record tracking and trading. Unfortunately, there number outstanding issues such as lack common standard representation, communication, verification REC, reliance on...

Abstract Energy systems require radical changes due to the conflicting needs of combating climate change and meeting rising energy demands. These revolutionary decentralization, decarbonization, digitalization techniques have ushered in a new global paradigm. Waves disruption been felt across electricity industry as journey this sector has converged with advances artificial intelligence (AI). However, there are risks involved. As AI becomes more established, security threats emerged. Among...

Electrical load forecasting is an essential part of the smart grid to maintain a stable and reliable along with helping decisions for economic planning. With integration more renewable energy resources, especially solar photovoltaic (PV), transitioning into prosumer-based grid, electrical deemed play crucial role on both regional household levels. However, most existing methods can be considered black-box models due deep digitalization enablers, such as Deep Neural Networks (DNN), where...

A real-time balance between power production and consumption is needed to ensure stable flow frequency. Due the fact that electricity be consumed at a very instant time, accurate energy forecasting required. Meanwhile, recent high integration of Renewable Energy Sources (RES) into electrical grids introduces accuracy problem in forecasts due their inherited volatile nature. To overcome these challenges, digitalization sector started with implementation emerging technologies such as...

Support schemes like the Feed-in-Tariff (FiT) have for many years been an important driver deployment of distributed energy resources, and transition from consumerism to prosumerism. This democratization decarbonization system has led both challenges opportunities operators, paving way emerging concepts local markets. The FiT approach often assumed as lower economic bound a prosumer’s willingness participate in such markets but is now being phased out several countries. In this paper, new...

Driven by techno-economic and climate change concerns, the energy sector is becoming more decentralized decarbonized. With increased deployment of intermittent sources such as photovoltaics, need for storage increasing. However, high costs still create a barrier investing in options. In this study, Levelized Cost Storage residential scale Lithium-Ion battery evaluated comparing traditional novel financing options blockchain-enabled crowdfunding. The proposed Financial Technology tool can...

Over the last few decades, extensive use of information and communication technologies has been main driver digitalization power systems. Proper secure monitoring critical grid infrastructure became an integral part modern system. Using phasor measurement units (PMUs) to surveil system is one that have a promising future. Increased frequency measurements smarter methods for data handling can improve ability reliably operate grids. The increased cyber-physical interaction offers both benefits...

The widespread use of Information and Communication Technology (ICT) over the course last decades has been a primary catalyst behind digitalization power systems. Meanwhile, as utilization rate Internet Things (IoT) continues to rise along with recent advancements in ICT, need for secure computationally efficient monitoring critical infrastructures like electrical grid agents that participate it is growing. A cyber-physical system, such grid, may experience anomalies number different...

The Digital Green Transition of the energy industry is accelerating as decarbonization and digitalization power market system are gaining momentum. Unlocking full real potential local markets among opportunities to be demystified in coming years, with blockchain technology being a prominent enabler. Important subcomponents such functional fair pricing mechanisms management algorithms will required for next-generation digital trading platforms. Even though rapid sector offers considerable...

<p>The Digital Green Transition of the energy industry is accelerating as decarbonization and digitalization power market system are gaining momentum. Unlocking full real potential local markets among opportunities to be demystified in coming years, with blockchain technology being a prominent enabler. Important subcomponents such functional fair pricing mechanisms management algorithms will required for next-generation digital trading platforms. Even though rapid sector offers...

Energy systems require radical changes due to the conflicting needs of combating climate change and meeting rising energy demands. These revolutionary decentralization, decarbonization, digitalization techniques have ushered in a new global paradigm. Waves disruption been felt across electricity industry as journey this sector has converged with advances artificial intelligence (AI). However, there are risks involved. As AI becomes more established, security threats emerged. Among most...

This article explores the interplay of green energy potential and innovative financial technology (FinTech) instruments by emphasizing a distinctive intersection between two domains. study conducts thorough analysis technological economic aspects, with focus on environmental to assess feasibility solar storage systems at residential level within context Europe. research encompasses examination effects crowdfunding facilitated Distributed Ledger Technology (DLT) domestic-scale systems. The...

Support schemes like the Feed-in-Tariff (FiT) have for many years been an important driver deployment of distributed energy resources, and transition from consumerism to prosumerism. This democratization decarbonization system has led both challenges opportunities operators, paving way emerging concepts local markets. The FiT approach often assumed as lower economic bound a prosumer's willingness participate in such markets but is now being phased out several countries. In this paper, new...

Over the last few decades, extensive use of information and communication technologies has been main driver digitalization power systems. Proper secure monitoring critical grid infrastructure became an integral part modern system. Using phasor measurement units (PMUs) to surveil system is one that have a promising future. Increased frequency measurements smarter methods for data handling can improve ability reliably operate grids. The increased cyber-physical interaction offers both benefits...

<p>The Digital Green Transition of the energy industry is accelerating as decarbonization and digitalization power market system are gaining momentum. Unlocking full real potential local markets among opportunities to be demystified in coming years, with blockchain technology being a prominent enabler. Important subcomponents such functional fair pricing mechanisms management algorithms will required for next-generation digital trading platforms. Even though rapid sector offers...

Power systems are evolving rapidly with the integration and active use of emerging digitalization technologies, including but not limited to Artificial Intelligence, Blockchain / Distributed Ledger Technology (B/DLT), other Information Communication Technologies. Besides technologies into modern power systems, decarbonization efforts also shaping energy transition process be further demystified under Digital Green Shift convention in a joint manner. B/DLT appears one most promising enabling...

The widespread use of information and communication technology (ICT) over the course last decades has been a primary catalyst behind digitalization power systems. Meanwhile, as utilization rate Internet Things (IoT) continues to rise along with recent advancements in ICT, need for secure computationally efficient monitoring critical infrastructures like electrical grid agents that participate it is growing. A cyber-physical system, such grid, may experience anomalies number different...