TY - JOUR
T1 - Blockchain for Distributed Energy Resources Management and Integration
AU - Cantillo-Luna, Sergio
AU - Moreno-Chuquen, Ricardo
AU - Chamorro, Harold R.
AU - Sood, Vijay K.
AU - Badsha, Shahriar
AU - Konstantinou, Charalambos
N1 - KAUST Repository Item: Exported on 2022-06-23
PY - 2022/6/21
Y1 - 2022/6/21
N2 - 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.
AB - 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.
UR - http://hdl.handle.net/10754/679241
UR - https://ieeexplore.ieee.org/document/9801819/
U2 - 10.1109/ACCESS.2022.3184704
DO - 10.1109/ACCESS.2022.3184704
M3 - Article
SN - 2169-3536
SP - 1
EP - 1
JO - IEEE Access
JF - IEEE Access
ER -