Energy Management, Control, and Operations in Smart Grids: Leveraging Blockchain Technology for Enhanced Solutions
Conférence : Communications avec actes dans un congrès international
As smart grids advance rapidly, they are evolving along two primary trajectories: (1) digitalization through the incorporation of
Internet of Things (IoT) technology and intelligent control, and (2) decentralization by leveraging small-scale distributed energy
sources for control. However, these developments also introduce complexities in the functioning, management, and control of
smart grids. Consequently, there is an urgent need for a transparent, secure, robust, transactive, and scalable framework for all
stakeholders and operators. Blockchain technology emerges as a promising solution for this new smart grid paradigm, providing
a range of features, including a distributed ledger, immutability, consensus, security, and automation. This article highlights the
challenges in smart grid management, control, and operations, and discusses the potential of blockchain-based solutions to address
these issues. It demonstrates that the adoption of blockchain can significantly enhance the overall functioning of the infrastructure
by establishing a decentralized architecture without central governance.