Litcius/Paper detail

Blockchain-Enabled Energy Management System for Distributed Renewable Energy Microgrids: Enhancing Security and Transparency in Energy Transactions

Arti Badhoutiya, K Sangamithrai, G. Indira, M. Suganya, Satpalsing Devising Rajput, Pravin Ingale, Hemalatha Hemalatha

2024E3S Web of Conferences8 citationsDOIOpen Access PDF

Abstract

The rise of distributed renewable energy microgrids presents new opportunities for localized energy generation, but also poses challenges in energy management, security, and transparency. This paper proposes a Blockchain-Enabled Energy Management System (EMS) for distributed renewable energy microgrids to address these challenges. By leveraging blockchain technology, the system facilitates secure and transparent energy transactions between microgrids, enabling peer-to- peer (P2P) energy trading without reliance on a central authority. Blockchain’s decentralized ledger ensures data integrity, enhances system resilience, and prevents unauthorized access, while optimizing energy distribution across the network. This approach promotes a sustainable and efficient energy ecosystem, ensuring trust and reliability in decentralized energy markets.

Topics & Concepts

BlockchainTransparency (behavior)Renewable energyBusinessEnergy securityEnvironmental economicsDistributed generationEnergy managementOptical transparencyEnergy (signal processing)Computer securityComputer scienceMaterials scienceEngineeringEconomicsElectrical engineeringMathematicsStatisticsOptoelectronicsBlockchain Technology Applications and SecuritySmart Grid Security and ResilienceSmart Grid Energy Management