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• W76149780 abstract "A deregulated energy market, characterized by the growing use of decentralized energy systems and the increasing range and complexity of interactions between providers and consumers, cannot be realized without an adequate IT infrastructure. The challenges that rely ahead towards realizing this service-based informationdriven Internet of energy are substantial. We offer an industrial insight on how this future energy domain could be, identify research challenges that information and communication technologies (ICT) will have to deal with, and point towards directions that need to be followed in order to effectively support this emerging infrastructure. 1 Motivation and insight We have entered a new energy era where the world’s economic regions dependent on each other for ensuring energy security and stable economic conditions. Future goals include improving energy efficiency, increasing penetration of renewable energies, diversifying and decentralising energy mix and enhancing competitiveness of industry. Deregulation of energy market is an important instrument in achieving these goals. The intention is to establish a free and competitive market for energy production and distribution by breaking up the value chain – production, transfer and distribution of electrical power. This will lead to profound and lasting changes as a much more decentralised and diversified infrastructure emerges. New energy technologies for co-generated heat and power and increased use of renewable ones such as biomass, solar energy and wind power will need to be integrated in an intelligent, information-based global energy infrastructure. Consequently, the share of decentralised power generation – by industrial or private producers – will increase and have a dominating effect on existing infrastructure, technologies and business practices [5]. The integration of small highly distributed energy production sources and their coupling with advanced information-driven services will give rise to a new infrastructure that we refer to as Internet of energy. In such a complex and dynamic system it is expected that distributed energy producers and consuming entities will be highly interconnected also via information flows. In that sense we have a paradigm change from existing passive and information poor to active information rich energy networks, which reverses the trend of oneway flow since the electricity networks were initiated. Such a future infrastructure is expected to be service-oriented and give rise to new innovative applications that will drastically change our everyday environment. In the future service-based Internet of energy (depicted in Figure 1), several alternative energy providers, legacy providers and households are interconnected. Via smart meters, one is able to interact with a service based infrastructure and perform actions such as selling and buying electricity. More advanced services are envisaged that will take advantage of the near real-time information flows among all participants. Furthermore the energy consuming/producing devices will be no more considered as black-boxes but will also get interconnected, which will provide fine-grained info e.g. energy optimization per device. Power engineering alone, however, will not be able to transform the energy markets. New, highly distributed business processes will need to be established to accommodate these market evolutions. The traditional static customer process will increasingly be superseded by a very dynamic, decentralised and market-oriented process where a growing number of providers and consumers interact. Such an infrastructure is expected to be pervasive, ubiquitous and service-oriented. The architecture of such distributed system landscapes has to be designed, standards must be created and widely supported, and comprehensive and reliable IT applications will need to be implemented. Fig. 1. Future service-based Internet of energy ICT will make it possible for future distributed energy systems to be self-managing, selfsustaining and robust, and will enable dynamic reorganisation and coordination of services markets. Therefore the Internet-based infrastructure will be tightly coupled with the energy domain, and used to support the development of new mechanisms for trade based on supply and demand in the electricity market. Different models and scenarios for a highly distributed information-based energy infrastructure will emerge. Transaction platforms will provide services such as electronic marketplaces, facilitating the commercial activity associated with the buying and selling electricity and its derivatives, not only for utility companies but also for decentralised consumers and producers. We are moving towards the “Internet of things”, where almost all devices will be interconnected and able to interact. The same will hold true for energy metering devices. New information-dependant intelligent energy management systems will be needed for an infrastructure capable of supporting the deregulated energy market. Intelligent smart meters will have to be installed for millions of households and companies and connected to the future transaction platforms. These smart meters provide new opportunities and challenges in networked embedded system design and electronics integration. They will be able to provide almost real-time data that in turn will have a significant impact on existing and future energy-management models. Decision and policy makers will be able to base their actions on real-world, real-time data. Households and companies will be able to react to market fluctuations by increasing or decreasing consumption or production, thus directly contributing to increased energy efficiency." @default.
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• W76149780 date "2011-06-01" @default.
• W76149780 modified "2023-09-25" @default.
• W76149780 title "Towards an information infrastructure for the future Internet of energy" @default.
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