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ASU Center for Assured and Scalable Data Engineering (CASCADE)
The ASU Blockchain Research Lab has partnered with SRP, the Salt River Project to address the inadequate infrastructure of our electrical grid. Raj Sadaye, a graduate student researcher at the ASU Blockchain Research Lab is leading the charge with SRP to meet this demand. The labs distributed ledger technology infrastructure of the peer-to-peer energy trading system is built upon Hyperledger Fabric. Hyperledger fabric is a modular and extensible open-source system for deploying and operating permissioned blockchains.
As detailed further in Raj Sadaye’s research, he describes the need for transformation in the current power distribution system. At the ASU Blockchain Research Lab, we believe it is important to build a system to manage interactions between these autonomous prosumers. Furthermore, we believe that transactive energy systems built upon the Hyperledger Fabric network can provide a solution for this. This solution is detailed as the following benefits to the consumer: (1) Better utilization of grid assets can lower costs, presently during high demand hours. (2) Greater reliability and resilience. (3) Increased choice and information will give consumers greater control over personal energy use. (4) Increased use of renewable energy resources gives individual consumers the satisfaction of contributing to larger, societal goals.
See the full report on the ASU Blockchain Research Lab's Website Here: Link
Support for CASCADE comes from ASU OKED, Fulton Schools of Engineering, and CIDSE. CASCADE is also supported partially by NSF-IIP Grant #1464579.