Research Area:  Blockchain Technology

Abstract:

Power generation, distribution, transmission, and consumption face ongoing challenges such as smart grid management, control, and operation, resulting from high energy demand, the diversity of energy sources, and environmental or regulatory issues. This paper provides a comprehensive overview of blockchain-based solutions for smart grid management, control, and operations. We systematically summarize existing work on the use and implementation of blockchain technology in various smart grid domains. The paper compares related reviews and highlights the challenges in the management, control, and operation for a blockchain-based smart grid as well as future research directions in the five categories: collaboration among stakeholders; data analysis and data management; control of grid imbalances; decentralization of grid management and operations; and security and privacy. All these aspects have not been covered in previous reviews.

Keywords:  

Author(s) Name:  Yohannes T. Aklilu and Jianguo Ding

Publisher name:  MDPI

DOI:  10.3390/en15010193

Volume Information:  Volume 15 Issue 1

Paper Link:   https://www.mdpi.com/1996-1073/15/1/193