Blockchain‐based framework of power demand response in China

Yan, Yong; Huang, Jianping; Chen, Xingying; Zhi, Zhang; Lin, Zhenzhi

doi:10.1049/rpg2.12219

Cited by 8 publications

(2 citation statements)

References 27 publications

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“…Asif et al [25] Bandeiras et al [26] Bielecki et al [27] Chiarini et al [28] Kapassa et al [29] Karumba et al [30] Kirli et al [31] Thukral et al [32] Wu et al [33] Yan et al [34] In [25], blockchains, in conjunction with physical unclonable functions (PUFs), were proposed to enhance the security of smart grids (referred to as the Internet of Energy), where all devices are protected by a PUF.…”

Section: Go Em Mb Reccc Nfmentioning

confidence: 99%

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Blockchain-Based Applications for Smart Grids: An Umbrella Review

Zhao,

Qi,

Zhou

et al. 2023

Energies

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This article presents an umbrella review of blockchain-based smart grid applications. By umbrella review, we mean that our review is based on systematic reviews of this topic. We aim to synthesize the findings from these systematic reviews and gain deeper insights into this discipline. After studying the systematic reviews, we find it imperative to provide a concise and authoritative description of blockchain technology because many technical inaccuracies permeate many of these papers. This umbrella review is guided by five research questions. The first research question concerns the types of blockchain-based smart grid applications. Existing systematic reviews rarely used a systematic method to classify these applications. To address this issue, we propose a taxonomy of these applications, first by differentiating them based on whether the application is focusing on functional or non-functional aspects of smart grid operations, and then by the specific functions or perspectives that the application aims to implement or enhance. The second research question concerns the roles that blockchain technology plays in smart grid applications. We synthesize the findings by identifying the most prominent benefits that blockchain technology could bring to these applications. We also take the opportunity to point out several common technical mistakes that pervade the blockchain literature, such as equating all forms of blockchains to data immutability. The third research question concerns the guidelines for deciding whether a blockchain-based solution would be useful to address the needs of smart grids. We synthesize the findings by proposing benefit-based guidelines. The fourth research question concerns the maturity levels of blockchain-based smart grid applications. We differentiate between academic-led and industry-led projects. We propose a five-level scale to evaluate the maturity levels. The ranking of the industry-led projects is performed through our own investigation. Our investigation shows that more than half of the industry-led projects mentioned in the systematic reviews are no longer active. Furthermore, although there are numerous news reports and a large number of academic papers published on blockchain-based smart grid applications, very few have been successfully embraced by the industry. The fifth research question concerns the open research issues in the development of blockchain-based smart grid applications. We synthesize the findings and provide our own analysis.

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Section: Go Em Mb Reccc Nfmentioning

confidence: 99%

“…In [34], a blockchain-based demand-response framework was proposed. In the proposed framework, demand response is implemented using an auction-based energy trading scheme.…”

Section: Go Em Mb Reccc Nfmentioning

confidence: 99%