A Federated learning model for Electric Energy management using Blockchain Technology

• URL: http://arxiv.org/abs/2307.09080v1
• Date: Tue, 18 Jul 2023 09:00:26 GMT
• Title: A Federated learning model for Electric Energy management using Blockchain Technology
• Authors: Muhammad Shoaib Farooq, Azeen Ahmed Hayat
• Abstract summary: Energy shortfall and electricity load shedding are the main problems for developing countries. The improved energy management and use of renewable sources can be significant to resolve energy crisis. It is necessary to increase the use of renewable energy sources to meet the increasing energy demand due to high prices of fossil-fuel based energy.
• Score: 0.0
• License: http://creativecommons.org/licenses/by/4.0/
• Abstract: Energy shortfall and electricity load shedding are the main problems for developing countries. The main causes are lack of management in the energy sector and the use of non-renewable energy sources. The improved energy management and use of renewable sources can be significant to resolve energy crisis. It is necessary to increase the use of renewable energy sources (RESs) to meet the increasing energy demand due to high prices of fossil-fuel based energy. Federated learning (FL) is the most emerging technique in the field of artificial intelligence. Federated learning helps to generate global model at server side by ensemble locally trained models at remote edges sites while preserving data privacy. The global model used to predict energy demand to satisfy the needs of consumers. In this article, we have proposed Blockchain based safe distributed ledger technology for transaction of data between prosumer and consumer to ensure their transparency, traceability and security. Furthermore, we have also proposed a Federated learning model to forecast the energy requirements of consumer and prosumer. Moreover, Blockchain has been used to store excess energy data from prosumer for better management of energy between prosumer and grid. Lastly, the experiment results revealed that renewable energy sources have produced better and comparable results to other non-renewable energy resources.

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