Framework for an energy-sharing and trading platform
- Contributors
-
Hwang Tae In, Lee Il Woo, Kang Shin Yuk, Yoo Yoon-Sik
- Year
- 2018
- Standard Body
- ITU
- Standard No.
- Y.2072
- Source Link
-
https://www.itu.int/rec/T-REC-Y.2072/en
- Project Code
-
18PH1500, Development of a Broker System to Vitalize the Electric Power Trading of Small-scale Distributed Energy Resources and Business Model Generation,
Lee Il Woo
- Abstract
- To increase the efficiency of the electricity grid and reduce electricity grid wastage, it is important to support an open service platform with the capacity for more effective electricity markets and electricity trading. Thus, Recommendation ITU-T Y.2072 provides a framework for an energy-sharing and trading platform for integrated control and management, taking into account energy production, storage and consumption. After identifying key characteristics and core technologies of the platform, Recommendation ITU-T Y.2072 specifies requirements taking into account the energy value chain made up of various stakeholders. Then, Recommendation ITU-T Y.2072 provides an architectural overview specifying related interfaces and functional blocks. Finally, mechanisms for energy information exchange to support integrated control and management services on the energy-sharing and trading platform are described.