Secure Blockchain-Based Energy Transaction Framework in Smart Power Systems

Esfahani, Mohammad Mahmoudian; Mohammed, Osama A.

doi:10.1109/iecon.2018.8591779

Cited by 16 publications

(9 citation statements)

References 5 publications

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“…At present, the sophistication of cyberattacks has posed a challenge to the current smart power systems. In recent years, cyber-attacks have caused power systems blackout due to data vulnerability, malicious events or market data manipulation [265]. Therefore, the introduction of blockchain, a strong security mechanism, can help overcome such challenges.…”

Section: Smart Gridmentioning

confidence: 99%

Blockchain for 5G and beyond networks: A state of the art survey

Nguyen

Pathirana

Ding

et al. 2020

Journal of Network and Computer Applications

307

154

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Section: Smart Gridmentioning

confidence: 99%

Blockchain for 5G and beyond networks: A state of the art survey

Nguyen

Pathirana

Ding

et al. 2020

Journal of Network and Computer Applications

307

154

View full text Add to dashboard Cite

“…Every node groups multiple consumers' types and multiple DRPs or it can be related for dedicated industrial zones. Exchanging distributed energy transactions in similar distributed environment aims to minimize attacks and risks on the overall network as in [36]. At this level, DSOs and the distributed nodes cascade the generation constraints, while the various nodes communicate with each other in a specific zone to handle the customers' responses in a secure manner.…”

Section: Proposed Methodsmentioning

confidence: 99%

Industrial Loads Used as Virtual Resources for a Cost-Effective Optimized Power Distribution

et al. 2020

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Industrial Customers are dispersed at various levels of the electrical network and fed together with other customers' categories in a distributed environment. Optimizing industrial processes in the presence of other customers' categories supplied by the same infrastructure is a challenging issue. Existing studies have analyzed the effect of different Industrial Demand Response Programs on the distribution network, which also supplies other customers' categories. They show the need for improving the distribution performance although multiple demand response programs have been suggested for this purpose. In this paper, a new approach is presented considering an optimal synchronized process among all consumers' categories. It shows that the balance between generation and demand is maintained, the customer satisfaction is guaranteed, the profit is maximized and the cost is minimized for all customers. Various time constraints set by different industry productions are considered in the optimization process. Fairness problems, multiple pricing schemes and formulation for the same are elaborated. The method is validated through a simulation on Matlab using K-Means Clustering and multi-objective particle swarm optimization (MOPSO) along with data prediction. INDEX TERMS Multiple demand response programs, MOPSO, group method of data handling (GMDH), Kmeans, clustering, smart grid, industrial customers.

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“…Yujia Yang et al [24] proposed a blockchain network algorithm for the confidentiality, anti-attack and security of transaction information of microgrid transactions. M. M. esfahani et al [26] proposed a blockchain based energy trading framework for the contemporary power system, and proved that it has more advantages than the traditional trading framework. Erica svetec et al [25] summarized the application of blockchain in renewable energy microgrid.…”

Section: Analysis On the Application Potential Of Energy Information ...mentioning

confidence: 99%

“…Figure 3 [26] shows the layer structure of the blockchain (application layer-Ⅰ , control layer-Ⅱ , consensus layer-Ⅲ, data layer-Ⅳ, network layer-Ⅴ) and the key technologies used in each layer structure.…”

Section: Technical Framework Of Each Layer Of Blockchainmentioning

confidence: 99%

“…From the technical point of view, many key technologies have narrow application scope,the combination of many blockchain and traditional technology is still immature. From the perspective of security, there are security defects in all levels of the blockchain architecture, and further research and exploration are needed in the aspects of consensus mechanism, privacy protection, regulatory mechanism, cross chain technology, etc [26]. In addition, the cost of the whole node is relatively large, how to reduce the cost of data storage and improve its scalability needs further research.…”

Section: Current Difficulties and Future Developmentmentioning

confidence: 99%

See 1 more Smart Citation

Research progress of encrypted keyword search based on blockchain

Wang,

Tang,

Qiu

et al. 2021

Preprint

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In recent years, with the development of IOT and the use of new energy, the information security problems of energy big data are gradually revealed, to further improve the privacy and security of data, the open and transparent blockchain technology is introduced. At present, some scholars have introduced blockchain technology into big data query, and the query types are also various. This paper mainly summarizes the research on keyword search based on blockchain in recent years, and analyzes its application potential in energy information security. The general structure of this paper includes a brief introduction to blockchain, the research progress of keyword search based on blockchain. Finally, this paper makes some prospects on the storage and resource consumption of keyword search based on blockchain.

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Secure Blockchain-Based Energy Transaction Framework in Smart Power Systems

Cited by 16 publications

References 5 publications

Blockchain for 5G and beyond networks: A state of the art survey

Blockchain for 5G and beyond networks: A state of the art survey

Industrial Loads Used as Virtual Resources for a Cost-Effective Optimized Power Distribution

Research progress of encrypted keyword search based on blockchain

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