Blockchain-based management of demand response in electric energy grids: A systematic review

Junaidi, Noni Harianti; Abdullah, Md. Pauzi; Alharbi, Bader; Shaaban, Mohamed

doi:10.1016/j.egyr.2023.04.020

Cited by 25 publications

(18 citation statements)

References 144 publications

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“…In the recent past, many survey studies were written with a sole emphasis on cryptocurrencies [12][13][14] or simply consensus algorithms [15][16][17]. Smart contracts and the architecture of blockchain applications have been briefly explored in a few articles (e.g., [8]. While the main review focus has been on Blockchain applications with other technologies like IoT and smart cities [18][19][20] other survey publications have also presented various Blockchain applications [21,20].…”

Section: What This Survey Contributes and How It Compares To Other Su...mentioning

confidence: 99%

“…Power buying and selling transactions in microgrids can be facilitated, recorded, and validated via blockchain. Like this, larger scale blockchain implementations can be utilized to support energy trade in smart grids [8]. Blockchain can be utilized in smart grids with bidirectional communication flow to provide private and secure consumption monitoring and energy trade without the requirement for a central middleman [58].…”

Section: Reliability and Efficiency Of Energy Sectormentioning

confidence: 99%

“…Information and business transactions contribute to the complexity of the chain, which must be balanced. It is crucial to think that blockchain offers consistency and traceability throughout the supply chain [8].…”

Section: Introductionmentioning

confidence: 99%

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Development, Service-Oriented Architecture, and Security of Blockchain Technology for Industry 4.0 IoT Application

Singh

Rosak-Szyrocka

Tamándl

2023

HighTech. Innov. J.

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The Internet of Things (IoT) paradigm is laying the groundwork for a world in which many of our everyday devices will be connected and will interact with their surroundings to gather data and automate some operations. Among other things, such a concept necessitates seamless authentication, data privacy, security, attack resilience, simplicity of deployment, and self-maintenance. Blockchain, a technology created with the Bitcoin cryptocurrency, can provide such advantages. To create blockchain-based IoT (BIoT) applications, a full discussion of how to modify blockchain to meet the unique requirements of IoT is offered in this paper. The most important BIoT applications are detailed after a brief introduction to blockchain, with the goal of highlighting how blockchain can affect conventional cloud-based IoT applications. Then, several factors that have an impact on the design, development, and deployment of a BIoT application are covered, along with present obstacles and potential improvements. Lastly, a list of recommendations is provided to help future BIoT researchers and developers understand some of the problems that need to be solved before deploying the upcoming generation of BIoT applications. Doi: 10.28991/HIJ-2023-04-01-010 Full Text: PDF

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Section: What This Survey Contributes and How It Compares To Other Su...mentioning

confidence: 99%

Section: Reliability and Efficiency Of Energy Sectormentioning

confidence: 99%

See 1 more Smart Citation

Development, Service-Oriented Architecture, and Security of Blockchain Technology for Industry 4.0 IoT Application

Singh

Rosak-Szyrocka

Tamándl

2023

HighTech. Innov. J.

View full text Add to dashboard Cite

show abstract

“…Despite its significant potentials, the renewable energy sector faces numerous challenges, including the intermittency of energy sources like solar and wind [ 14 ], high upfront costs [ 15 ], and complexities in energy storage and grid integration [ 16 ]. According to Ref.…”

Section: Introductionmentioning

confidence: 99%

“…Bao et al [ 45 ] also review blockchain deployment in energy applications, ranging from energy management to electric vehicle-related applications, and discuss existing architectures, solutions, and security and privacy challenges. Junaidi et al [ 16 ] systematically review blockchain applications in electric energy systems, focusing on demand response, electric vehicles, and decentralized energy management, and highlight the technology's potential to address the complexities of modern energy grids. Ahl et al [ 46 ] explore blockchain-based P2P microgrids, analyzing potential challenges and suggesting practical implications for institutional development.…”

Section: Introductionmentioning

confidence: 99%