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

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.

Publication Details

Journal
Springer Link (Chiba Institute of Technology)
Published
2024-11-14
DOI
https://doi.org/10.1051/e3sconf/202459101004/pdf
Primary Topic
Mycorrhizal Fungi and Plant Interactions
Type
article
Field-Weighted Citation Impact
0.00
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article

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

Springer Link (Chiba Institute of Technology)
Mycorrhizal Fungi and Plant Interactions
article

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

article en

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.

Springer Link (Chiba Institute of Technology)
Affordable and clean energy
Openalex Percentile: Top 61%
Mycorrhizal Fungi and Plant Interactions
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