Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Języki publikacji
Abstrakty
Purpose: The reason for writing the paper is growing complexity of management of the electric grid. Our collective electric system faces accelerating, multi-dimensional needs that must be addressed to deliver to our communities.
Design/methodology/approach: The supply, transmission, distribution, and consumption of electricity are closely coupled, and must be actively coordinated. This requires the coordinated sensing, measurement, and control of devices and systems spread across the grid. This paper assesses the suitability of blockchain for this purpose, as a platform for transactive energy.
Findings: Blockchain technology can facilitate secure and transparent record-keeping and transactions and thus may have many potential applications in the energy sector.
Practical implications: Blockchain technology is still evolving and faces some challenges, such as scalability, interoperability, regulation, and adoption. However, blockchain has the potential to revolutionize the energy sector by transforming the way energy is produced, distributed, consumed, and traded.
Social implications: High electricity demand, aging power grids, and climate disasters are straining our current energy system. As a result, more people are looking to optimize energy usage-and transactive energy may offer an answer. A Blockchain-enabled transacted energy framework can help everyone from consumers to corporations benefit from improved energy efficiency and profit in the process.
Originality/value: Distributed energy resources, such as energy efficiency, smart demand response, smart electric vehicle charging, building-level energy storage and distributed solar photovoltaics, become more critical every year. Review of recent papers on these issues may be a valuable source of knowledge for interested parties.(original abstract)
Design/methodology/approach: The supply, transmission, distribution, and consumption of electricity are closely coupled, and must be actively coordinated. This requires the coordinated sensing, measurement, and control of devices and systems spread across the grid. This paper assesses the suitability of blockchain for this purpose, as a platform for transactive energy.
Findings: Blockchain technology can facilitate secure and transparent record-keeping and transactions and thus may have many potential applications in the energy sector.
Practical implications: Blockchain technology is still evolving and faces some challenges, such as scalability, interoperability, regulation, and adoption. However, blockchain has the potential to revolutionize the energy sector by transforming the way energy is produced, distributed, consumed, and traded.
Social implications: High electricity demand, aging power grids, and climate disasters are straining our current energy system. As a result, more people are looking to optimize energy usage-and transactive energy may offer an answer. A Blockchain-enabled transacted energy framework can help everyone from consumers to corporations benefit from improved energy efficiency and profit in the process.
Originality/value: Distributed energy resources, such as energy efficiency, smart demand response, smart electric vehicle charging, building-level energy storage and distributed solar photovoltaics, become more critical every year. Review of recent papers on these issues may be a valuable source of knowledge for interested parties.(original abstract)
Rocznik
Strony
567--578
Opis fizyczny
Twórcy
autor
- WSB Merito University Chorzow, Poland
Bibliografia
- 1. Applications of... (2023). Applications of synchrophasor technologies in power systems. www.osti.gov/pages/biblio/1592334
- 2. Bishnu, P. Bhattarai, B.P. et al. (2019). Enhancing Distribution System Resiliency through a Novel Transactive Energy Systems Framework. 2019 IEEE Power & Energy Society General Meeting (PESGM), DOI: 10.1109/PESGM40551.2019.8973466. Retrieved from: https://ieeexplore.ieee.org/document/8973466, 15.06.2023.
- 3. Csanyi, E. (2017). The structure of electric power systems (Generation, distribution and transmission of energy). Electrical and Engineering Portal. Retrieved from: https://electrical-engineering-portal.com/electric-power-systems, 20.06.2023.
- 4. Ganjineh, H. (2023). The Blockchain Disruption: Transforming The Energy Industry With Transparency, Efficiency And Decentralization. Forbes Innovation Council Post. Retrieved from: https://www.forbes.com/sites/forbestechcouncil/2023/07/18/the-blockchain- disruption-transforming-the-energy-industry-with-transparency-efficiency-and- decentralization/?sh=34a64f1c39b6, 25.07.2023.
- 5. Hasankhani, A., Hakimi, S.M., Bisheh-Niasar, M., Shafie-khah, M., Asadolahi, H. (2021). Blockchain technology in the future smart grids: A comprehensive review and frameworks. International Journal of Electrical Power & Energy Systems, Vol. 129, Article Number 106811. Retrieved from: https://www.sciencedirect.com/science/article/abs/pii/ S014206152100051X?dgcid=raven_sd_recommender_email, 14.06.2023.
- 6. Hertz-Shargel, B., Livingston, D. (2019). Assessing Blockchain's Future in Transactive Energy. Atlantic Council, www.atlanticcouncil.org, ISBN-13:978-1-61977-599-2; Retrieved from: https://www.atlanticcouncil.org/in-depth-research-reports/report/ assessing-blockchains-future-in-transactive-energy/, 10.06.2023.
- 7. IBM (2023). Internet of things ecosystem. https://www.ibm.com/topics/internet-of-things
- 8. IEEE Blockchain standards (2023). Guide for Blockchain in Power and Energy Systems. Retrieved from: https://standards.ieee.org/ieee/2418.5/11217/, 15.06.2023.
- 9. IEEE Blockchain Transactive Energy (BCTE) (2021). A Bridge to a Democratized Energy Marketplace. IEEE Position & Vision Statement Paper v. 3.0 Retrieved from: https://blockchain.ieee.org/verticals/transactive-energy/topics/how-blockchain-is-being- used-in-energy-trading, 15.06.2023.
- 10. IEEE Guide to Transactive Energy: What Everyone Needs to Know (2023). IEEE Blockchain Technical Community. Retrieved from: https://blockchain.ieee.org/ verticals/transactive-energy/topics, 15.06.15.
- 11. IEEE Implementation challenges (2023). Retrieved from: https://blockchain.ieee.org/ verticals/transactive-energy/topics/transactive-energy-implementation-challenges, 15.06.2023.
- 12. IEEE Security (2023). Smart Grid Security Issues: Cybersecurity Solutions to Consider. Retrieved from: https://blockchain.ieee.org/verticals/transactive-energy/topics/smart-grid- security-issues-cybersecurity-solutions-to-consider, 15.06.2023.
- 13. Khan Sial, M.F. (2019). IEEE Blockchain Technical Briefs. Retrieved from: https://blockchain.ieee.org/technicalbriefs/june-2019/blockchain-technology-prospects- challenges-and-opportunities, 10.06.2023.
- 14. Sheikh. A.F. (2023). Difference between Traditional Power Grid and Smart Grid. https://electricalacademia.com/electric-power/difference-traditional-power-grid-smart- grid/
- 15. Zia, M.F., Benbouzid, M., Elbouchikhi, E., Muyeen, S.M., Techato, K., Guerrero, J.M. (2020). Microgrid Transactive Energy: Review, Architectures, Distributed Ledger Technologies, and Market Analysis. IEEE Access, 8(1), 19410-19432. DOI:10.1109/ACCESS.2020.2968402. Retrieved from: https://www.researchgate.net/ publication/338623380_Microgrid_Transactive_Energy_Review_Architectures_Distribute d_Ledger_Technologies_and_Market_Analysis, 15.06.2023.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171685698
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