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

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

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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.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Engineering
Additional Information: This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)
Publisher: Elsevier
ISSN: 2352-4847
Date of First Compliant Deposit: 12 November 2021
Date of Acceptance: 26 September 2021
Last Modified: 12 Nov 2021 15:15
URI: https://orca.cardiff.ac.uk/id/eprint/145442

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