University of Oulu

Performance analysis of blockchain-based smart grid with Ethereum and Hyperledger implementations

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Author: Malik, Hamid1
Organizations: 1University of Oulu, Faculty of Information Technology and Electrical Engineering, Department of Communications Engineering, Communications Engineering
Format: ebook
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 1.4 MB)
Pages: 51
Persistent link: http://urn.fi/URN:NBN:fi:oulu-201911303207
Language: English
Published: Oulu : H. Malik, 2019
Publish Date: 2019-12-02
Thesis type: Master's thesis (tech)
Tutor: Liyanage, Lakmal
Reviewer: Ylianttila, Mika
Liyanage, Lakmal
Description:

Abstract

Smart grids lay the foundation for future communities. Smart homes, smart buildings, smart streets, and smart offices are built when intelligent devices piles on intelligent devices. To reach the maximum capacity, they all must be supported by an intelligent power supply. For optimal and real-time electricity consumption, monitoring and trading, blockchain possess number of potential benefits in its application to electricity infrastructure. A comprehensive system architecture of blockchain-based smart grid is proposed and peer-to-peer (P2P) energy trading is implemented between Distribution System Operators (DSO), Local energy providers and Consumers.

This thesis presents a virtual smart grid equipped with smart contracts capable of virtual activities like market payment function and the comparison and the performance of the blockchain-based smart grid by using Ethereum and Hyperledger Fabric-based implementations. The challenges faced during the implementation of blockchain protocols are discussed and evaluation in the light of finding sustainable solutions to develop secure and reliable smart grid operations, is the major objective of the thesis.

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Copyright information: © Hamid Malik, 2019. This publication is copyrighted. You may download, display and print it for your own personal use. Commercial use is prohibited.