Intelligent micro energy grid in 5G era: Platforms, business cases, testbeds, and next generation applications

Abstract

As fifth-generation mobile communication systems give rise to new smart grid technologies, such as distributed energy resources, advanced communication systems, the Internet of Things, and big data analytics, the development of novel platforms and business models that ensure reliability and profitability of microgrid operations become increasingly important. In this study, we introduce an open micro energy grid platform to operate the widely distributed microgrids in Korea. Subsequently, we present commercial microgrid business models supported by the open micro energy grid platform equipped with an artificial intelligence engine and provide test results from testbeds connected to the platform. In contrast to the existing microgrid business models in the market, we propose a universal architecture and business model of the future microgrid, comprising (i) an energy robot-management operation business model, (ii) electric vehicle-based demand response, (iii) blockchain technology for energy trading, and (iv) a service-oriented business model. Finally, we propose a new business model for an intelligent virtual power plant (VPP) operator along with the architecture of the VPP and its proof of concept (PoC). We expect the proposed business model to provide energy solution providers with guidelines to develop various VPP services.