One major challenge faced by the systems operators like POSOCO is to generate Dispatch and Drawal schedules by reconciling multiple inputs and revisions submitted by independent entities in a trustless manner.
Challenges are only compounded by the frequent revisions to the drawal schedules, and occasional tampering of the input files leading to many issues in error free schedule preparation by the systems operator.
We developed and demonstrated a Blockchain based Grid Energy Scheduling mechanism that offers a higher level of cyber security, greater transparency to the stakeholders and ensures reconciliation of records in real-time when compared to the existing web based system being used by the systems operator.
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