Blockchain for distributed energy resources management and integration

Power grids all over the world are transitioning towards a decentralized structure. Under such a transition, blockchain technology is emerging as a potential solution for technical, deployment and decentralization issues, given its security, integrity, decentralized nature and required infrastructur...

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Autores:
Cantillo Luna, Sergio Alejandro
Moreno Chuquen, Ricardo
Chamorro, Harold R.
Sood, Vijay K.
Badsha, Shahriar
Konstantinou, Charalambos
Tipo de recurso:
Article of journal
Fecha de publicación:
2022
Institución:
Universidad Autónoma de Occidente
Repositorio:
RED: Repositorio Educativo Digital UAO
Idioma:
eng
OAI Identifier:
oai:red.uao.edu.co:10614/14736
Acceso en línea:
https://hdl.handle.net/10614/14736
https://red.uao.edu.co/
Palabra clave:
Distribución de energía eléctrica
Electric power distribution
Blockchain
Distributed energy resources (DER)
Distributed ledger technologies
Consensus algorithms
Rights
openAccess
License
Derechos reservados - IEEE, 2022
Description
Summary:Power grids all over the world are transitioning towards a decentralized structure. Under such a transition, blockchain technology is emerging as a potential solution for technical, deployment and decentralization issues, given its security, integrity, decentralized nature and required infrastructure. Moreover, blockchain technology offers excellent features like non-repudiation and immutability which makes it a promising application for DER integration and management on reliability factors. In this paper, a comprehensive review of blockchain applications for DER management and integration is presented. First, a blockchain-based literature review of research activities in the DER integration area and related tasks including entrepreneurial efforts is carried out. Next, the different opportunities and challenges of DER integration and management in power grids, i.e., centralization, regulatory support, development costs are discussed. Finally, some key research challenges and opportunities of including blockchain technology to DER integration and management issues are presented.