Blockchain for Distributed Energy Resources Management and Integration

Sergio Cantillo-Luna, Ricardo Moreno-Chuquen, Harold R. Chamorro, Vijay K. Sood, Shahriar Badsha, Charalambos Konstantinou

Research output: Contribution to journalArticlepeer-review

15 Scopus citations

Abstract

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.
Original languageEnglish (US)
Pages (from-to)1-1
Number of pages1
JournalIEEE Access
DOIs
StatePublished - Jun 21 2022

ASJC Scopus subject areas

  • General Engineering
  • General Computer Science
  • General Materials Science

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