Abstract
Block-Chain (BC) based Smart Grid (SG) energy market is a very challenging domain of today's era. Various researchers and scientists worked successfully in BC technology, still, further investigations and analysis are required with respect to the SG framework. Considering the above, we present a new architecture integrating energy-generating prosumers with the utility through a BC network. Moreover, we describe a trustworthy agreement named Service Level Agreement (SLA) managing and controlling all energy transactions in the BC. The smart contract of a single prosumer with the utility is also explained in the context of the de-regulated energy market. Finally, promising features and applications of BC are presented, considering the SG paradigm.
| Original language | English |
|---|---|
| Title of host publication | 15th International Conference on Emerging Technologies, ICET 2019 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Electronic) | 9781728154039 |
| DOIs | |
| State | Published - Dec 2019 |
| Externally published | Yes |
Publication series
| Name | 15th International Conference on Emerging Technologies, ICET 2019 |
|---|
Bibliographical note
Publisher Copyright:© 2019 IEEE.
Keywords
- Block-Chain
- Energy transactions
- Prosumers
- Service Level Agreement
- Smart Grid
- Utility
ASJC Scopus subject areas
- Computer Networks and Communications
- Hardware and Architecture
- Electrical and Electronic Engineering
- Control and Optimization
- Health Informatics
- Instrumentation