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Blockchain Based Smart Grids

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Blockchain Based Smart Grids

Blockchain Based Smart Grids Book
Author : Miadreza Shafie-khah
Publisher : Academic Press
Release : 2020-06
ISBN : 0128178620
Language : En, Es, Fr & De

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Book Description :

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications.

Forecasting in Blockchain based Smart Grids Testing a Prerequisite for the Implementation of Local Energy Markets

Forecasting in Blockchain based Smart Grids  Testing a Prerequisite for the Implementation of Local Energy Markets Book
Author : Michael Kostmann
Publisher : Unknown
Release : 2018
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Forecasting in Blockchain based Smart Grids Testing a Prerequisite for the Implementation of Local Energy Markets book written by Michael Kostmann, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Blockchain Based Smart Grids

Blockchain Based Smart Grids Book
Author : Miadreza Shafie-khah
Publisher : Academic Press
Release : 2020-05-05
ISBN : 0128178639
Language : En, Es, Fr & De

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Book Description :

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications. Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology Written by a global group of authors for worldwide coverage

Blockchain enabled Fog and Edge Computing Concepts Architectures and Applications

Blockchain enabled Fog and Edge Computing  Concepts  Architectures and Applications Book
Author : Muhammad Maaz Rehan,Mubashir Husain Rehmani
Publisher : CRC Press
Release : 2020-07-27
ISBN : 1000096025
Language : En, Es, Fr & De

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Book Description :

This comprehensive book unveils the working relationship of blockchain and the fog/edge computing. The contents of the book have been designed in such a way that the reader will not only understand blockchain and fog/edge computing but will also understand their co-existence and their collaborative power to solve a range of versatile problems. The first part of the book covers fundamental concepts and the applications of blockchain-enabled fog and edge computing. These include: Internet of Things, Tactile Internet, Smart City; and E-challan in the Internet of Vehicles. The second part of the book covers security and privacy related issues of blockchain-enabled fog and edge computing. These include, hardware primitive based Physical Unclonable Functions; Secure Management Systems; security of Edge and Cloud in the presence of blockchain; secure storage in fog using blockchain; and using differential privacy for edge-based Smart Grid over blockchain. This book is written for students, computer scientists, researchers and developers, who wish to work in the domain of blockchain and fog/edge computing. One of the unique features of this book is highlighting the issues, challenges, and future research directions associated with Blockchain-enabled fog and edge computing paradigm. We hope the readers will consider this book a valuable addition in the domain of Blockchain and fog/edge computing.

Design Implementation and Evaluation of a Blockchain based Microgrid Platform

Design  Implementation  and Evaluation of a Blockchain based Microgrid Platform Book
Author : Arne Meeuw
Publisher : Unknown
Release : 2020
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

In order to meet global emissions targets, Renewable Energy Sources (RES) will have to be exploited. The subsequent decentralisation of the electrical grid, caused in large parts by residential rooftop Photovoltaic (PV) systems, in turn presents a challenge to existing infrastructure, markets, and business models. Households which only consumed electric energy can now invest into a private PV system and produce their own electricity, thus becoming prosumers. During the day prosumers can generate more electric energy than they consume, requiring them to feed the extra energy back into the grid. The concept of Local Energy Markets (LEMs) encompasses the peer-to-peer (P2P) exchange of energy between prosumers and neighbouring consumers and represents a novel remuneration model for investors in residential PV. The progressing roll-out of smart meters and the subsequent availability of high-frequent energy data holds the opportunity to realise new control schemes and business models for the smart grid. However, billing is still based on regular readouts, which are often done by hand, and data available from deployed smart meters is commonly restrictive, and suffers from infrequent collection, reduced sampling intervals, and limited value range. Blockchain-technology has gained popularity as the underpinning mechanism that has enabled the pseudonymous and decentralised electronic cash system Bitcoin. The technology has spurred the development of a whole ecosystem of blockchain platforms, which, as of August 2019, hold a market capitalisation over USD 200 billion in total. Blockchain-technology enables untrusted or semi-trusted parties to engage in transactions carrying financial value and arbitrary data, which can replace mediating third parties. Combining LEMs and blockchain-technology allows prosumers and consumers to trade energy directly without having to go through the authority of a utility company. The exchange of local energy based.

Smart Grid and Innovative Frontiers in Telecommunications

Smart Grid and Innovative Frontiers in Telecommunications Book
Author : Peter Han Joo Chong,Boon-Chong Seet,Michael Chai,Saeed Ur Rehman
Publisher : Springer
Release : 2018-08-17
ISBN : 3319949659
Language : En, Es, Fr & De

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Book Description :

This book constitutes the proceedings of the Third International Conference on Smart Grid and Innovative Frontiers in Telecommunications, SmartGIFT, held in Auckland, New Zealand, in April 2018. The 28 revised full papers presented were carefully reviewed and selected from 44 submissions. They focus on smart grid as the next generation of electrical grid, which will enable the smart integration of conventional, renewable and distributed power generation, energy storage, transmission and distribution, and demand management. The benefits of smart grid include enhanced reliability and resilience, higher intelligence and optimized control, decentralized operation, higher operational efficiency, more efficient demand management, and better power quality.

Blockchain Supported Demand Response In Smart Grids

Blockchain Supported Demand Response In Smart Grids Book
Author : Sreelakshmi Sreeharan
Publisher : Unknown
Release : 2020
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Smart grid is envisioned to be the technology capable of scheduling user's energy requirement based on demand. But with growing complexity with multiple sources and users,advanced communication and data exchange between different sectors of the power network is required. For efficient utilization and functioning of the power grid we need a decentralised system which is transparent,trustless and makes transactions faster. With developments in the field of Internet of Things and Blockchain technologies there are a number of solutions proposed but none of them address the issue of transaction time in trade and penalty for defaulters. In this work we propose here an energy transaction network which implements blockchain technology for validating transaction of energy between producer/consumer or procumer and saves energy and time using smart grids and lightning network transactions.

Blockchain Technology in Internet of Things

Blockchain Technology in Internet of Things Book
Author : Liehuang Zhu,Keke Gai,Meng Li
Publisher : Springer
Release : 2019-07-26
ISBN : 3030217663
Language : En, Es, Fr & De

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Book Description :

This book focuses on picturing B-IoT techniques from a few perspectives, which are architecture, key technologies, security and privacy, service models and framework, practical use cases and more. Main contents of this book derive from most updated technical achievements or breakthroughs in the field. A number of representative IoT service offerings will be covered by this book, such as vehicular networks, document sharing system, and telehealth. Both theoretical and practical contents will be involved in this book in order to assist readers to have a comprehensive and deep understanding the mechanism of using blockchain for powering up IoT systems. The blockchain-enabled Internet of Things (B-IoT) is deemed to be a novel technical alternative that provides network-based services with additional functionalities, benefits, and implementations in terms of decentralization, immutability, and auditability. Towards the enhanced secure and privacy-preserving Internet of Things (IoT), this book introduces a few significant aspects of B-IoT, which includes fundamental knowledge of both blockchain and IoT, state-of-the-art reviews of B-IoT applications, crucial components in the B-IoT system and the model design, and future development potentials and trends. IoT technologies and services, e.g. cloud data storage technologies and vehicular services, play important roles in wireless technology developments. On the other side, blockchain technologies are being adopted in a variety of academic societies and professional realms due to its promising characteristics. It is observable that the research and development on integrating these two technologies will provide critical thinking and solid references for contemporary and future network-relevant solutions. This book targets researchers and advanced level students in computer science, who are focused on cryptography, cloud computing and internet of things, as well as electrical engineering students and researchers focused on vehicular networks and more. Professionals working in these fields will also find this book to be a valuable resource.

On Smart Buildings and Their Integration Into the Smart Grid

On Smart Buildings and Their Integration Into the Smart Grid Book
Author : Olivier Valentin Henri Van Cutsem
Publisher : Unknown
Release : 2020
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Mots-clés de l'auteur: smart-building ; energy management system ; model predictive control ; integrated simulator ; energy disaggregation ; smart-grid ; demand response ; blockchain-based algorithm ; smart-community ; building-to-grid.

Smart Grids and Big Data Analytics for Smart Cities

Smart Grids and Big Data Analytics for Smart Cities Book
Author : Chun Sing Lai,Loi Lei Lai,Qi Hong Lai
Publisher : Springer Nature
Release : 2020-10-31
ISBN : 3030521559
Language : En, Es, Fr & De

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Book Description :

This book provides a comprehensive introduction to different elements of smart city infrastructure - smart energy, smart water, smart health, and smart transportation - and how they work independently and together. Theoretical development and practical applications are presented, along with related standards, recommended practices, and professional guidelines. Throughout the book, diagrams and case studies are provided that demonstrate the systems presented, and extensive use of scenarios helps readers better grasp how smart grids, the Internet of Things, big data analytics, and trading models can improve road safety, healthcare, smart water management, and a low-carbon economy. A must-read for practicing engineers, consultants, regulators, utility operators, and environmentalists involved in smart city development, the book will also appeal to city planners and designers, as well as upper-level undergraduate and graduate students studying energy, environmental science, technology, economics, signal processing, information science, and power engineering.

The Smart Grid as an Application Development Platform

The Smart Grid as an Application Development Platform Book
Author : George Koutitas,Stan McClellan
Publisher : Artech House
Release : 2017-08-31
ISBN : 1630814911
Language : En, Es, Fr & De

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Book Description :

This authoritative new resource explores the power grid from its classical role as a utility or service provider towards its new role as an application development platform. This book gives insight into the vision, problems and solutions, and risks of the smart grid model. The evolution of the power grid as it develops into an application-centric environment is explained in this book. This resource guides readers to better understand the primary motivation of the smart grid, and to explore how new technologies are creating a cleaner and more sustainable ecosystem for new business models to blossom. Key topics include the basics of electricity and the conventional grid structure, as well as the relationships between conventional economic models and emerging models based on transactive energy and the sharing economy. This book presents the orchestration of smart grid technologies as they are transforming the utility sector toward a human-centric grid. Readers gain insight into how they are playing an active role in the operation of the utility business as well as in the transfer of electrons. This book demonstrates how the new smart grid is becoming a distributed system that supports decentralized services through modern trends and distributed system architectures. Readers learn how grid intelligence and energy production migrates to the edge of the network. This book explores how consumers are transformed to “prosumers” of energy and providers of critical data that are dramatically changing the relationship with the electric utility business in order to enable new applications and services.

Blockchain

Blockchain Book
Author : Mark Van Rijmenam,Philippa Ryan
Publisher : Routledge
Release : 2018-08-15
ISBN : 0429855559
Language : En, Es, Fr & De

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Book Description :

The internet was envisaged as a decentralised global network, but in the past 25 years it has come to be controlled by a few, very powerful, centralised companies. Blockchain is a technological paradigm shift that allows secure, reliable, and direct information transfer between individuals, organisations, and things, so that we can manage, verify, and control the use of our own data. Blockchain also offers a new opportunity for humanity to fix some major problems. It can authenticate data, manage its analysis, and automate its use. With better data comes better decision-making. In this way, Blockchain can contribute to solving climate change, reduce voting fraud, fix our identity systems, improve fair trade, and give the poor an opportunity to improve their lives by monetising their (digital) capital. A world built upon peer-to-peer transactions and smart contracts can empower individuals and communities. This book offers a fresh perspective with which to consider this transformative technology. It describes how Blockchain can optimise the processes that run our society. It provides practical solutions to global problems and offers a roadmap to incorporate Blockchain in your business. It offers a blueprint for a better world. Filled with easy-to-understand examples, this book shows how Blockchain can take over where the internet has fallen short.

Distributed Energy Resources in Local Integrated Energy Systems

Distributed Energy Resources in Local Integrated Energy Systems Book
Author : Giorgio Graditi,Marialaura Di Somma
Publisher : Elsevier
Release : 2021-03-15
ISBN : 0128238992
Language : En, Es, Fr & De

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Book Description :

Distributed Energy Resources in Local Integrated Energy Systems: Optimal Operation and Planning reviews research and policy developments surrounding the optimal operation and planning of DER in the context of local integrated energy systems in the presence of multiple energy carriers, vectors and multi-objective requirements. This assessment is carried out by analyzing impacts and benefits at local levels, and in distribution networks and larger systems. These frameworks represent valid tools to provide support in the decision-making process for DER operation and planning. Uncertainties of RES generation and loads in optimal DER scheduling are addressed, along with energy trading and blockchain technologies. Interactions among various energy carriers in local energy systems are investigated in scalable and flexible optimization models for adaptation to a number of real contexts thanks to the wide variety of generation, conversion and storage technologies considered, the exploitation of demand side flexibility, emerging technologies, and through the general mathematical formulations established. Integrates multi-energy DER, including electrical and thermal distributed generation, demand response, electric vehicles, storage and RES in the context of local integrated energy systems Fosters the integration of DER in the electricity markets through the concepts of DER aggregation Addresses the challenges of emerging paradigms as energy communities and energy blockchain applications in the current and future energy landscape Proposes operation optimization models and methods through multi-objective approaches for fostering short- and long-run sustainability of local energy systems Assesses and models the uncertainties of renewable resources and intermittent loads in the short-term decision-making process for smart decentralized energy systems

Blockchain for Cyberphysical Systems

Blockchain for Cyberphysical Systems Book
Author : Ali Dorri,Salil Kanhere,Raja Jurdak
Publisher : Artech House
Release : 2020-09-30
ISBN : 1630817848
Language : En, Es, Fr & De

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Book Description :

This exciting book will explore how Blockchain (BC) technology has the potential to overcome challenges in the current cyber-physical system (CPS) environment. BC is a timestamp ledger of blocks that is used for storing and sharing data in a distributed manner. BC has attracted attention from practitioners and academics in different disciplines, including law, finance, and computer science, due to its use of distributed structure, immutability and security and privacy. However, applying blockchain in a cyber-physical system (CPS) is not straightforward and involves challenges, including lack of scalability, resource consumption, and delay. This book will provide a comprehensive study on blockchain for CPS. CPS and the existing solutions in CPS and will outline the limitations are presented. The key features of blockchain and its salient features which makes it an attractive solution for CPS are discussed. The fundamental challenges in adopting blockchain for CPS including scalability, delay, and resource consumption are presented and described. Blockchain applications in smart grids, smart vehicles, supply chain; and IoT Data marketplaces are explored. The future research directions to further improve blockchain performance in CPS is also provided.

Advances in Smart Grid Power System

Advances in Smart Grid Power System Book
Author : Anuradha Tomar,Ritu Kandari
Publisher : Academic Press
Release : 2020-11-09
ISBN : 0128243376
Language : En, Es, Fr & De

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Book Description :

Advances in Smart Grid Power System: Network, Control and Security discusses real world problems, solutions, and best practices in related fields. The book includes executable plans for smart grid systems, their network communications, tactics on protecting information, and response plans for cyber incidents. Moreover, it enables researchers and energy professionals to understand the future of energy delivery systems and security. Covering fundamental theory, mathematical formulations, practical implementations, and experimental testing procedures, this book gives readers invaluable insights into the field of power systems, their quality and reliability, their impact, and their importance in cybersecurity. Includes supporting illustrations and tables along with valuable end of chapter reference sets Provides a working guideline for the design and analysis of smart grids and their applications Features experimental testing procedures in smart grid power systems, communication networks, reliability, and cybersecurity

Facilitating P2P Power Trading in Smart Grid with Blockchain

Facilitating P2P Power Trading in Smart Grid with Blockchain Book
Author : Anonim
Publisher : Unknown
Release : 2019
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Facilitating P2P Power Trading in Smart Grid with Blockchain book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Highlights of Practical Applications of Survivable Agents and Multi Agent Systems The PAAMS Collection

Highlights of Practical Applications of Survivable Agents and Multi Agent Systems  The PAAMS Collection Book
Author : Fernando De La Prieta,Alfonso González-Briones,Pawel Pawleski,Davide Calvaresi,Elena Del Val,Fernando Lopes,Vicente Julian,Eneko Osaba,Ramón Sánchez-Iborra
Publisher : Springer
Release : 2019-08-25
ISBN : 3030242994
Language : En, Es, Fr & De

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Book Description :

This book constitutes the refereed proceedings of the workshops and special session co-located with the 17th International Conference on Practical Applications of Agents and Multi-Agent Systems, PAAMS 2019, held in Ávila, Spain, in June 2019. The total of 26 full and 8 short papers presented in this volume were carefully reviewed and selected from 47 submissions. The book also contains extended abstracts of the doctoral consortium contributions. The papers in this volume stem from the following meetings: Workshop on Agents-Based Solutions for Manufacturing and Supply Chain, AMSC; Second International Workshop on Blockchain Technology for Multi-Agent Systems, BTC4MAS; Workshop on MAS for Complex Networks and Social Computation; CNSC; Workshop on Multi-Agent Based Applications for Energy Markets, Smart Grids and Sustainable Energy Systems, MASGES; Workshop on Smart Cities and Intelligent Agents, SCIA; and Workshop on Swarm Intelligence and Swarm Robotics, SISR; as well as the special session on Software Agents and Virtualization for Internet of Things, SAVIoTS.

Bitcoin Blockchain and the Energy Sector

Bitcoin  Blockchain  and the Energy Sector Book
Author : Heather L Greenley,Corrie E Clark
Publisher : Unknown
Release : 2019-08-22
ISBN : 9781687805713
Language : En, Es, Fr & De

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Book Description :

The popularity of cryptocurrencies such as Bitcoin and the underlying blockchain technology presents both challenges and opportunities to the energy sector. As interest in Bitcoin and other cryptocurrencies has increased, the energy demand to support cryptocurrency "mining" activities has also increased. The increased energy demand-when localized-can exceed the available power capacity and increase customers' electricity rates. On the other hand, not all cryptocurrencies require energy-intensive mining operations. In addition, blockchain technologies could present opportunities for the energy sector by facilitating energy and financial transactions on a smart grid. Bitcoin and other cryptocurrencies can be used to make payments without banks or other third-party intermediaries, and are sometimes considered virtual currency. The technology underlying these cryptocurrencies is blockchain. A blockchain is a digital distributed ledger that enables parties who may not otherwise trust one another to agree on the current ownership and distribution of assets in order to conduct new business. New blocks may be added to a blockchain through a variety of methods. In mining blocks, users seek to add the next block to the chain. For Bitcoin, new blocks are added to the blockchain through a proof-of-work (PoW) algorithm. Under PoW, miners-those seeking to add a block to a blockchain-are presented a difficult computational problem. Once the problem is solved, other users can validate the solution and confirm the block, adding the next block to the chain. In the case of Bitcoin, miners who create and publish new blocks are rewarded with Bitcoin. Less energy intensive, alternative algorithms exist, such as proof of stake and proof of authority. Cryptocurrency mining through PoW requires substantial energy to operate and thermally regulate the requisite hardware. Devices have different performance capabilities and have different power requirements. Generally, the device, or a cluster of devices, that can perform more calculations per second will require more energy for powering and cooling. Global power requirement estimates for Bitcoin have increased within the last five years. Network power estimates for 2018 range between 2,500 megawatts (MW) and 7,670 MW, which is nearly 1% of U.S. electricity generating capacity. Opinions differ on whether future growth in Bitcoin will significantly impact energy consumption and subsequent carbon dioxide (CO2) emissions. Cryptocurrency mining includes costs associated with equipment, facilities, labor, and electricity. Some users pool computational resources to solve PoW problems faster, and are on a worldwide hunt for cheap, reliable electricity. While many mining pools are in China, some have been able to utilize closed industrial facilities in the United States that can provide affordable abundant electricity. A 2017 study found that nearly three-quarters of all major mining pools are based in either China (58%) or in the United States (16%). Governments are developing various policies in response to growth in energy demand by cryptocurrency mining activities. In some areas, applications from potential mining companies have exceeded the available capacity. Other areas have offered reduced electricity rates to attract miners. In the United States, federal policy options to improve energy efficiency of mining operations include minimum energy conservation standards and data center energy efficiency standards. In addition to the challenges that cryptocurrency mining presents to the energy sector, there are also opportunities, particularly for blockchain. These may include electric vehicle charging infrastructure and distributed energy resources, among others. The U.S. electricity grid is critical infrastructure and subject to regulation. Opinions differ as to a potential role for blockchain technology in the energy sector.

Distributed Energy Resources in Local Integrated Energy Systems

Distributed Energy Resources in Local Integrated Energy Systems Book
Author : Giorgio Graditi,Marialaura Di Somma
Publisher : Elsevier
Release : 2021-02-27
ISBN : 0128242140
Language : En, Es, Fr & De

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Book Description :

Distributed Energy Resources in Local Integrated Energy Systems: Optimal Operation and Planning reviews research and policy developments surrounding the optimal operation and planning of DER in the context of local integrated energy systems in the presence of multiple energy carriers, vectors and multi-objective requirements. This assessment is carried out by analyzing impacts and benefits at local levels, and in distribution networks and larger systems. These frameworks represent valid tools to provide support in the decision-making process for DER operation and planning. Uncertainties of RES generation and loads in optimal DER scheduling are addressed, along with energy trading and blockchain technologies. Interactions among various energy carriers in local energy systems are investigated in scalable and flexible optimization models for adaptation to a number of real contexts thanks to the wide variety of generation, conversion and storage technologies considered, the exploitation of demand side flexibility, emerging technologies, and through the general mathematical formulations established. Integrates multi-energy DER, including electrical and thermal distributed generation, demand response, electric vehicles, storage and RES in the context of local integrated energy systems Fosters the integration of DER in the electricity markets through the concepts of DER aggregation Addresses the challenges of emerging paradigms as energy communities and energy blockchain applications in the current and future energy landscape Proposes operation optimization models and methods through multi-objective approaches for fostering short- and long-run sustainability of local energy systems Assesses and models the uncertainties of renewable resources and intermittent loads in the short-term decision-making process for smart decentralized energy systems