Blockchain technology for distributed generation: A review of current development, challenges and future prospect

Yap, Kah Yung; Chin, Hon Huin; Klemeš, Jiří Jaromír

doi:10.1016/j.rser.2023.113170

Cited by 50 publications

(13 citation statements)

References 82 publications

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“…In 2019, General Secretary Xi Jinping put forward the concept of distributed energy trading based on blockchain, and proposed that the distributed energy trading innovation should be strengthened to realize the green development strategy. In 2023, the National Development and Reform Commission No.1044 proposed to actively promote the dual-carbon target, further promote the green transformation of the power system, pointed out that the electricity environmental attribute of renewable energy in China is proved to be green certificate, the green certificate of one unit represents 1000 kilowatt-hours of renewable energy electricity, and further standardize the trading and management of green electricity in China [2] . In the same year, the Ministry of Ecology and Environment (No.332,2023) pointed out that China's power generation industry should manage and compile relevant reports in strict accordance with the Administrative Measures for Carbon Emission Trading (Trial).…”

Section: Research Backgroundmentioning

confidence: 99%

Research on Distributed Green Electricity Transaction and Management of Power System Based on Blockchain Technology

Hou,

Guan,

Nan

et al. 2024

Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December

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The establishment of scientific and efficient distributed green electricity trading and management mode is an important means to improve the production level of the power system. The application of blockchain technology in the distributed green electricity trading and management in the power system can promote the further construction and development of the power system toward the dual-carbon goal. This paper mainly analyzes the application advantage of block chain technology in the power system, build based on block chain technology power system distributed green electricity trading and management platform, and in the perspective of the seller market and seller's market quotation and transaction management, finally establish the game Nash equilibrium model, under this model using adaptive iterative algorithm to calculate the best interests of the market, in order to provide reference for the power system green electricity trading market transaction management.

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Section: Research Backgroundmentioning

confidence: 99%

Research on Distributed Green Electricity Transaction and Management of Power System Based on Blockchain Technology

Hou,

Guan,

Nan

et al. 2024

Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December

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“…By decentralizing system logic, they enable more efficient coordination of complex interactions among humans, machines, and nature. For example, CISBAT 2023 Journal of Physics: Conference Series 2600 (2023) 182001 IOP Publishing doi:10.1088/1742-6596/2600/18/182001 4 smart contracts can encode the rules for the creation and distribution of local and decentralized renewable energy networks [49,50], as piloted in Brooklyn microgrid project [51] Blockchain also ensures equitable information access. Address-based identity and unrestricted network access allow for equal opportunity for all agents to participate in the system and access information related to the system's history, current events, and the system logic for future coordination.…”

Section: Governance Of Informationmentioning

confidence: 99%

Blockchain for regenerative built environment governance

Wang,

Hunhevicz,

Hall

et al. 2023

J. Phys.: Conf. Ser.

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Regenerative approaches have gained attention in the built environment, but remain highly conceptual. This position paper argues for new regenerative governance structures that consider data governance, reassess complex stakeholder interactions, and ensure the inclusivity of diverse values and ownership. It then presents early ideas on how blockchain technology could facilitate scalable socio-economic-ecologic interactions along three inquiries, giving practical examples. Overall, the paper aims to inspire and guide further research into the development of modern digital governance tools fostering a regenerative built environment.

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“…In order to effectively tackle these challenges, we argue that a Blockchain based educational system can bring substantial advantages related to decentralisation, immutability, and transparency in trainings and can address current limitations in energy efficiency training. The utilisation of Blockchain technology enables stakeholders to share and manage data related to energy efficiency training securely and transparently (Yap et al, 2023). Moreover, the utilisation of Blockchain has the potential to facilitate the effortless combination of diverse data sources, thereby establishing a comprehensive and reliable basis for energy efficiency training programmes (Schletz et al, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Blockchain for energy efficiency training in the construction industry

Celik,

Barbero,

Hodorog

et al. 2023

Educ Inf Technol

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The construction sector faces the urgent need to prioritize energy efficiency due to an increasingly stringent regulatory landscape in response to the climate change agenda. Central to this transition is the pivotal role of education in equipping professionals with the necessary knowledge and skills. Educational solutions have emerged as powerful tools for promoting awareness and interventions to mitigate climate change. This article provides a case study that highlights the successful utilisation of computer technology in delivering digital solutions to advance energy education and promote more informed energy practices in the construction industry. The utilisation of digital technologies can enhance collaborative efforts in energy efficiency training, which is of critical significance in ensuring the security, sovereignty, transparency, immutability, and decentralisation of interventions related to energy education. This paper presents a framework that utilises Blockchain technology to facilitate training labelling and authenticity based on smart contracts and mobile passports to provide a secure and efficient solution for the delivery of training and education in the energy domain. Our research examines the challenges and opportunities related to energy efficiency training within the construction industry. By integrating industry-specific insights, exemplifications, and case studies, we provide an in-depth understanding of the interconnection between energy efficiency education and digital solutions with the unique context of the construction industry. We underscore the importance of leveraging digital platforms as educational tools to foster a deeper understanding and adoption of energy-efficient practices. We demonstrate that educational solutions play a pivotal role in driving awareness and interventions for mitigating climate change, greatly empowering individuals and organizations to adopt energy-efficient practices and to address sustainability objectives.

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Blockchain technology for distributed generation: A review of current development, challenges and future prospect

Cited by 50 publications

References 82 publications

Research on Distributed Green Electricity Transaction and Management of Power System Based on Blockchain Technology

Research on Distributed Green Electricity Transaction and Management of Power System Based on Blockchain Technology

Blockchain for regenerative built environment governance

Blockchain for energy efficiency training in the construction industry

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