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A Practical Guide to Trading and Tracing for the Energy BlockchainBlockchain Experiences in Power Systems

A Practical Guide to Trading and Tracing for the Energy Blockchain: Blockchain Experiences in... [The blockchain technology is recently gaining a huge popularity due to a wide variety of use cases, where it can be adopted, and the benefits it provides. As already said, the widespread of renewable and distributed generation requires a rethinking of the management of the energy flows in the power system. The blockchain technology in the energy field is now a realistic perspective, particularly for microgrids, in which energy production is intrinsically distributed. The decentralized structure of a blockchain can be perfectly adapted to the control of production/consumption/storage within microgrids. It is thus understood that this technology can guarantee the traceability and security of energy transactions. As introduced in the first chapter, in recent times in this sector the blockchain applications are mainly oriented at P2P electricity trading, electric vehicles or DR. In this chapter, the features of blockchain technology that are useful for the energy system are addressed in more detail looking at the main applications in the energy field and the suitability of the blockchain for these applications.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Practical Guide to Trading and Tracing for the Energy BlockchainBlockchain Experiences in Power Systems

Part of the UNIPA Springer Series Book Series
Editors: Sciumè, Giuseppe; Riva Sanseverino, Eleonora; Gallo, Pierluigi
Sciumè, G.; Riva Sanseverino, E.; Gallo, P.
Springer Journals — May 8, 2022
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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
ISBN
978-3-030-96606-5
Pages
57 –90
DOI
10.1007/978-3-030-96607-2_3
Publisher site
See Chapter on Publisher Site

Abstract

[The blockchain technology is recently gaining a huge popularity due to a wide variety of use cases, where it can be adopted, and the benefits it provides. As already said, the widespread of renewable and distributed generation requires a rethinking of the management of the energy flows in the power system. The blockchain technology in the energy field is now a realistic perspective, particularly for microgrids, in which energy production is intrinsically distributed. The decentralized structure of a blockchain can be perfectly adapted to the control of production/consumption/storage within microgrids. It is thus understood that this technology can guarantee the traceability and security of energy transactions. As introduced in the first chapter, in recent times in this sector the blockchain applications are mainly oriented at P2P electricity trading, electric vehicles or DR. In this chapter, the features of blockchain technology that are useful for the energy system are addressed in more detail looking at the main applications in the energy field and the suitability of the blockchain for these applications.]

Published: May 8, 2022

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