2020
DOI: 10.1016/j.rser.2019.109488
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Exploring blockchain for the energy transition: Opportunities and challenges based on a case study in Japan

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Cited by 124 publications
(76 citation statements)
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“…The peers are the participants involved in the electricity trades (typically, the consumer, prosumer, regulatory authority, etc.) [162,163]. For several years, the centralized model has performed well, but with the rise in the volume of data shared during the trading process, there is a possibility that the servers encounter bottlenecks and a single point of failure, making them vulnerable to attack [10].…”
Section: Application Of Blockchain In Smart Gridsmentioning
confidence: 99%
See 2 more Smart Citations
“…The peers are the participants involved in the electricity trades (typically, the consumer, prosumer, regulatory authority, etc.) [162,163]. For several years, the centralized model has performed well, but with the rise in the volume of data shared during the trading process, there is a possibility that the servers encounter bottlenecks and a single point of failure, making them vulnerable to attack [10].…”
Section: Application Of Blockchain In Smart Gridsmentioning
confidence: 99%
“…In a permission-less or public BC (system without access limitation), the introduction of new information on to block must be allied with specific resources like fuel cost and computational tools. For example, the consensus proof-of-work (PoW) mechanism entails participating nodes to solve the hash code and to validate the node [10,162,163]. Hence, the PoW consensus creates computational expenses due to adding new information (the next block) [164].…”
Section: Application Of Blockchain In Smart Gridsmentioning
confidence: 99%
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“…This project is led by Digital Grid Corporation in collaboration with the University of Tokyo, Tateyama Kagaku group, Kansai Electric Co., Ltd., TEPCO Holdings, Hitachi IE system, NTT Data, Tessera Technology, and US-Design, with financial support provided by the Ministry of the Environment through the Low Carbon Technology Research, Development and Demonstration Program [75]. Peer-to-peer electricity exchanges are implemented among individual households including prosumers as well as consumers and a large shopping center [76]. Each prosumer has a DGR of 5 kW photovoltaics, a battery of 12 kWh, sub-grid selling and buying legs of 10 kW, and a digital grid controller (DGC) that communicates with buying and selling smart meters and DG net, whereas each prosumer has only a DGC [75].…”
Section: Urawa-misono Districtmentioning
confidence: 99%
“…In some cases, multiple RERs-based power generation facilities called microgrids are linked and are referred to as hybrid RERs-based microgrids [3]. The use of electricity from such DPG is commercially and socially favorable in some cases for the prosumers [3,4]. In some cases, depending upon the benefits provided by the electric utility in terms of power selling and, incentives for supplied power during peak hours, favorable selling prices etc., the DPG systems are linked to the electric power grid, which has led to considerable progress in DPG-linked electrical power grids in different countries.…”
Section: Introductionmentioning
confidence: 99%