Blockchain technology applications in power distribution systems
Release time:2020-10-01
Hits:
- Indexed by:
- Journal paper
- First Author:
- Adetomike Adeyemi
- Correspondence Author:
- Mohammad Shahidehpour
- Co-author:
- Mingyu Yan,Cristina Botero,Alba Valbuena Guerra,Niroj Gurung,Liuxi Calvin Zhang,Aleksi Paaso
- Journal:
- The Electricity Journal
- Place of Publication:
- United States
- Discipline:
- Engineering
- First-Level Discipline:
- Electrical Engineering
- Document Type:
- J
- Volume:
- 33
- Issue:
- 8
- Page Number:
- 106817
- ISSN No.:
- 1040-6190
- Key Words:
- Blockchain; Power distribution system; Transactive energy management; Smart contracts
- DOI number:
- 10.1016/j.tej.2020.106817
- Date of Publication:
- 2020-10-01
- Abstract:
- Blockchain technologies have attracted the attention of multiple control, operation, and planning entities in the energy industry. Blockchain technologies, which allow a shared and distributed database, allow for secure, transparent, economic, and automated operations in power distribution systems. In this paper, we introduce how blockchains work and can be utilized to enhance the operation of power distribution systems. We discuss multiple scenarios in which blockchain technologies have been implemented in power distribution systems. Also, we discuss pertinent challenges for applying blockchain technologies to power distribution systems and provide some measures to manage these challenges.
- Links to published journals:
- https://www.sciencedirect.com/science/article/pii/S1040619020301093