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Charithri Yapa, Chamitha de Alwis, Madhusanka Liyanage, Janaka Ekanayake, Survey on blockchain for future smart grids: Technical aspects, applications, integration challenges and future research, Energy Reports, Volume 7, 2021, Pages 6530-6564, ISSN 2352-4847, https://doi.org/10.1016/j.egyr.2021.09.112

Survey on blockchain for future smart grids : technical aspects, applications, integration challenges and future research

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Author: Yapa, Charithri1; de Alwis, Chamitha1; Liyanage, Madhusanka2,3;
Organizations: 1Department of Electrical and Electronic Engineering, University of Sri Jayewardenepura, Sri Lanka
2School of Computer Science, University College Dublin, Ireland
3Centre for Wireless Communications, University of Oulu, Finland
4Department of Electrical and Electronic Engineering, University of Peradeniya, Sri Lanka
5School of Engineering, Cardiff University, United Kingdom
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 4 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe2021121060083
Language: English
Published: Elsevier, 2021
Publish Date: 2021-12-10
Description:

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.

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Series: Energy reports
ISSN: 2352-4847
ISSN-E: 2352-4847
ISSN-L: 2352-4847
Volume: 7
Pages: 6530 - 6564
DOI: 10.1016/j.egyr.2021.09.112
OADOI: https://oadoi.org/10.1016/j.egyr.2021.09.112
Type of Publication: A2 Review article in a scientific journal
Field of Science: 213 Electronic, automation and communications engineering, electronics
Subjects:
Blockchains
De-centralization
Distribute Energy Resources
Integration challenges
Scalability
Security
Smart Grid 2.0
Article
Funding: This work has been performed under the framework of 6Genesis Flagship (grant 318927) project.
Academy of Finland Grant Number: 318927
Detailed Information: 318927 (Academy of Finland Funding decision)
Copyright information: © 2021 The Author(s). Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
  https://creativecommons.org/licenses/by/4.0/