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Survey on blockchain for future smart grids: Technical aspects, applications, integration challenges and future research
Date Issued
2021-11
Date Available
2024-05-13T16:14:57Z
Abstract
Smart Grid 2.0 is envisaged to automate the operations of the intelligent electricity grid. Blockchain and smart contracts are integrated to facilitate the transformation from DSO-centric operations to consumer-oriented, distributed electricity grid management. The envisaged smart grids, integrated with blockchain would provoke challenges, which would hinder the maximum utilization of Distribute Energy Resources (DERs). This comprehensive review aims at analyzing the applicability of blockchain technology in Smart Grid 2.0, which would facilitate a seamless decentralization process. Further, the paper elaborates the blockchain-based applications of future smart grid operations and the role of blockchain in each scenario. The paper further provides a concise analysis on the blockchain integration challenges, thereby ensure secure and scalable, decentralized operations of future, autonomous electricity networks.
Sponsorship
University College Dublin
Type of Material
Journal Article
Publisher
Elsevier
Journal
Energy Reports
Volume
7
Start Page
6530
End Page
6564
Copyright (Published Version)
2021 The Authors
Language
English
Status of Item
Peer reviewed
ISSN
2352-4847
This item is made available under a Creative Commons License
File(s)
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Name
Elsevier_Energy_Report__Elsevier_.pdf
Size
9.37 MB
Format
Adobe PDF
Checksum (MD5)
6bc25354e096f56b6f548d3ddd87d520
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