Detail publikace

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

Yap, Kah Yung Chin, Hon Huin Klemes, Jaromfr

Originální název

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

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

The non-transparency of a centralised power system creates security issues in energy trading, and the inability of prosumers to participate in energy trading arose. Blockchain can be applied in distributed generation (DG) with its immutability, security, decentralised, transparency, anonymity, transactional data, and automation features to resolve the mentioned concerns. The applications of DG, such as renewable energy sources (RES), battery electric vehicles (BEVs), solar energy, microgrid and other new electrical components, require the need decen-tralised energy management with secured data ledger transactional record and peer-to-peer (P2P) energy trading. The research gaps and limitations are stated to point out the potential future prospect and recom-mendations. Overall, the blockchain is beneficial to be implemented in DG in terms of security enhancement, P2P energy trading, immutable transactional records and transparent transactions. As compared to the centralised system, the decentralised blockchain enables the scalability, privacy, autonomous trading, anonymity, legitimate auditing and low latency of DG operations. This study serves as a guide to accelerating the adoption of block -chain technology in the emerging DG. The research outcome of this review is a wider perspective of blockchain applicability and versatility in the DG sector in terms of decentralisation of grid operation, P2P energy trading and energy optimisation. The review also highlights the limitations and clarifies technical issues concerning the implementations of blockchain in the DG sector, the current applications and development trends and possible future recommendations for the blockchain in advancing the DG sector.

Klíčová slova

Battery electric vehicle; Blockchain; Distributed generation; Distributed ledger; Microgrid; Peer-to-peer energy trading; Renewable energy sources

Autoři

Yap, Kah Yung; Chin, Hon Huin; Klemes, Jaromfr

Vydáno

1. 4. 2023

Nakladatel

PERGAMON-ELSEVIER SCIENCE LTDTHE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND

Místo

PERGAMON-ELSEVIER SCIENCE LTDTHE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND

ISSN

1364-0321

Periodikum

RENEWABLE & SUSTAINABLE ENERGY REVIEWS

Číslo

175

Stát

Spojené státy americké

Strany počet

22

URL

https://www.sciencedirect.com/science/article/pii/S1364032123000266?via%3Dihub

BibTex

@article{BUT187698,
  author="Yap, Kah Yung and Chin, Hon Huin and Klemes, Jaromfr",
  title="Blockchain technology for distributed generation: A review of current development, challenges and future prospect",
  journal="RENEWABLE & SUSTAINABLE ENERGY REVIEWS",
  year="2023",
  number="175",
  pages="22",
  doi="10.1016/j.rser.2023.113170",
  issn="1364-0321",
  url="https://www.sciencedirect.com/science/article/pii/S1364032123000266?via%3Dihub"
}