Blockchain-Based Smart Contracts for Decentralized Vehicle-to-Grid (V2G) Load Management

This paper proposes a blockchain-based smart contract system for decentralized Vehicle-to-Grid (V2G) load management. The system incorporates a dynamic algorithm to balance grid demand by automating secure energy transfers from Electric Vehicles (EVs) and ensuring fair, real-time compensation for EV owners. Developed in Solidity on the Ethereum blockchain, the solution includes features such as dynamic load adjustment, emergency protocols for grid stability, and transparent transaction management. Simulation results show that the system effectively handles varying grid demands while maintaining scalability and operational efficiency. A case study in rural and semi-urban regions highlights its potential to mitigate power outages by using EVs as decentralized energy contributors. The primary research contribution lies in designing a decentralized framework that integrates blockchain and V2G technologies to optimize grid performance, ensure system resilience, and promote sustainable energy practices,

Authors

Publication Details

Published
2024-12-12
DOI
https://doi.org/10.1109/icuis64676.2024.10866137
Citations
2
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
1.56
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article

Blockchain-Based Smart Contracts for Decentralized Vehicle-to-Grid (V2G) Load Management

Shantenu Jha, Ishmeen Kaur Garewal, Chaitanya Vijaykumar Mahamuni, Prashansa Subhash Erande et al.
2 citations
Blockchain Technology Applications and Security
1.56
article

Blockchain-Based Smart Contracts for Decentralized Vehicle-to-Grid (V2G) Load Management

Shantenu Jha, Ishmeen Kaur Garewal, Chaitanya Vijaykumar Mahamuni, Prashansa Subhash Erande, Nimisha Yogesh Gharat
article en
2 citations

Abstract

This paper proposes a blockchain-based smart contract system for decentralized Vehicle-to-Grid (V2G) load management. The system incorporates a dynamic algorithm to balance grid demand by automating secure energy transfers from Electric Vehicles (EVs) and ensuring fair, real-time compensation for EV owners. Developed in Solidity on the Ethereum blockchain, the solution includes features such as dynamic load adjustment, emergency protocols for grid stability, and transparent transaction management. Simulation results show that the system effectively handles varying grid demands while maintaining scalability and operational efficiency. A case study in rural and semi-urban regions highlights its potential to mitigate power outages by using EVs as decentralized energy contributors. The primary research contribution lies in designing a decentralized framework that integrates blockchain and V2G technologies to optimize grid performance, ensure system resilience, and promote sustainable energy practices,

Openalex Percentile: Top 11%
Blockchain Technology Applications and Security
1.56
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Blockchain-Based Smart Contracts for Decentralized Vehicle-to-Grid (V2G) Load Management — Shantenu Jha, Ishmeen Kaur Garewal, et al. · (2024) | TGRS Research Map | TGRS