Blockchain Enabled Smart Metering Solutions: Challenges and Opportunities

Tayal, Vaishali; Meena, Hemant Kumar; Bhakar, Rohit; Barala, Chandra Prakash

doi:10.1109/npsc57038.2022.10069901

Cited by 1 publication

(1 citation statement)

References 35 publications

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“…The blockchain introduces blocks for transactions in a proper way, and each block is genuinely authenticated by the peer nodes based on a predefined consensus algorithm [49]. Meanwhile, for P2P energy trading, different charging stations have smart meters and controllers, along with unique node information that leads to storing the data that must be authenticated by using blockchain technology [57][58][59]. The electrical vehicle owner has a numerical folder for payment and utilizes digital currency with the help of a smart phone application.…”

Section: 55] Internet Of Energy (Ioe) Techniquementioning

confidence: 99%

P2P Energy Trading of EVs Using Blockchain Technology in Centralized and Decentralized Networks: A Review

Khan,

Amin,

Abu-Siada

2024

Energies

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Peer-to-peer (P2P) energy trading has attracted a lot of attention and the number of electric vehicles (EVs) has increased in the past couple of years. Toward sustainable mobility, EVs meet the standard development goals (SDGs) for attaining a sustainable future in the transport sector. This development and increasing number of EVs creates an opportunity for prosumers to trade electricity. Considering this opportunity, this review article aims to provide an in-depth analysis of P2P energy trading of EVs using blockchain in centralized and decentralized networks, which enables prosumers to exchange energy directly with one another. The paper is aimed to provide the reader with a state-of-the-art review on the P2P energy trading for EVs, considering different blockchain algorithms that are practically implemented or still in the research phase. Moreover, the paper presents blockchain applications, current trends, and future challenges of EVs’ energy trading. P2P energy trading for EVs using blockchain algorithms can be successfully implemented considering real-time scenarios and economically benefits smart sustainable societies.

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