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A Blockchain-based Architecture for Stable and Trustworthy Smart Grid
Stockholm University, Faculty of Social Sciences, Department of Computer and Systems Sciences. Beijing University of Posts and Telecommunications, China.
Stockholm University, Faculty of Social Sciences, Department of Computer and Systems Sciences.
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2019 (English)In: Procedia Computer Science, ISSN 1877-0509, E-ISSN 1877-0509, Vol. 155, p. 410-416Article in journal (Refereed) Published
Abstract [en]

Smart Grid represents an efficient power transmission, distribution and management system. However, solutions for Smart Grid have raised security and privacy problems. Moreover, with the introduction of renewable energy resources, such as rooftop solar panels and small biogas plants, more and more electricity consumers are involved in the energy generation system. This may cause the power system unstable and/or the waste of the energy. Blockchain is a promising technology for solving these problems in the future energy system on account of its distributed trust, anonymity, data integrity and availability. In this paper, we propose a Blockchain-based architecture for Smart Grid. By using the proposed architecture, electricity consumers can be fully involved in the energy system and tracing the details of the energy they have consumed or generated. At the same time, the stability of the energy system can be kept, reducing the waste of the energy and potential hazard to the electrical equipment.

Place, publisher, year, edition, pages
2019. Vol. 155, p. 410-416
Keywords [en]
Smart Grid, Blockchain, Dynamic Electricity Price, Smart Contract
National Category
Computer Engineering
Research subject
Computer and Systems Sciences
Identifiers
URN: urn:nbn:se:su:diva-177191DOI: 10.1016/j.procs.2019.08.057OAI: oai:DiVA.org:su-177191DiVA, id: diva2:1379941
Conference
The 14th International Conference on Future Networks and Communications (FNC), Halifax, Canada, August 19-21, 2019
Available from: 2019-12-17 Created: 2019-12-17 Last updated: 2019-12-18Bibliographically approved

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