Survey on blockchain for future smart grids: Technical aspects, applications, integration challenges and future research
- Post by: Charithri Yapa, Chamitha De Alwis, Madhusanka Liyanage and Janaka Ekanayake
- October 9, 2021
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Smart Grid 2.0 is envisaged to automate the operations of the intelligent electricity grid. Blockchain
and smart contracts are integrated to facilitate the transformation from DSO-centric operations to
consumer-oriented, distributed electricity grid management. The envisaged smart grids, integrated
with blockchain would provoke challenges, which would hinder the maximum utilization of Distribute
Energy Resources (DERs). This comprehensive review aims at analyzing the applicability of blockchain
technology in Smart Grid 2.0, which would facilitate a seamless decentralization process. Further, the
paper elaborates the blockchain-based applications of future smart grid operations and the role of
blockchain in each scenario. The paper further provides a concise analysis on the blockchain integration
challenges, thereby ensure secure and scalable, decentralized operations of future, autonomous
electricity networks.
