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ZENODO
Journal . 2024
License: CC BY
Data sources: ZENODO
ZENODO
Journal . 2024
License: CC BY
Data sources: Datacite
ZENODO
Journal . 2024
License: CC BY
Data sources: Datacite
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DECENTRALIZED ENERGY TRADING IN SMART GRIDS: A BLOCKCHAIN-BASED FRAMEWORK FOR EFFICIENCY AND TRANSPARENCY

Authors: Iliass, OUACHANI;

DECENTRALIZED ENERGY TRADING IN SMART GRIDS: A BLOCKCHAIN-BASED FRAMEWORK FOR EFFICIENCY AND TRANSPARENCY

Abstract

As the world increasingly adopts renewable energy, the importance of smart grids grows. Integrating renewable sources into the current grid presents technical and economic challenges. Blockchain technology offers a promising solution by enabling decentralized energy trading, allowing efficient exchanges between producers and consumers. This paper proposes a detailed framework for integrating blockchain into the smart grid. The framework includes developing a blockchain-based platform for energy trading, creating smart contracts to manage and automate transactions, and incorporating IoT devices for energy data collection and sharing. By leveraging blockchain's transparency, security, and decentralization, our proposed system aims to address inefficiencies and foster a more resilient energy infrastructure. This approach could enhance the sustainability and reliability of energy distribution, supporting the transition to renewable sources. We believe our framework has the potential to significantly improve the efficiency and sustainability of the smart grid, paving the way for a more robust and adaptive energy system capable of meeting future demands.

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    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green