IDEAS home Printed from https://ideas.repec.org/a/gam/jjrfmx/v15y2022i5p191-d797654.html
   My bibliography  Save this article

Distributed Renewable Energy Management: A Gap Analysis and Proposed Blockchain-Based Architecture

Author

Listed:
  • Annegret Henninger

    (Ted Rogers School of Management, Ryerson University, 350 Victoria St., Toronto, ON M5B 2K3, Canada)

  • Atefeh Mashatan

    (Ted Rogers School of Management, Ryerson University, 350 Victoria St., Toronto, ON M5B 2K3, Canada)

Abstract

The heterogeneous and decentralized nature of renewable energy sources is too much to handle for traditional and centralized IT grid infrastructure. Blockchain technology can address many of the associated challenges. This paper provides an overview of the state-of-the-art technology layers of grid system infrastructure, a proposed future state using blockchain technology, and gap analysis. The paper also contributes a set of architectural requirements for a blockchain-enabled future state and a proposed hybrid architecture using blockchain technology, verifiable credentials, and smart contracts. This architecture can uniquely support the technology layers critical to renewable energies, including system architecture, registries, grid management, billing, privacy, and interoperability.

Suggested Citation

  • Annegret Henninger & Atefeh Mashatan, 2022. "Distributed Renewable Energy Management: A Gap Analysis and Proposed Blockchain-Based Architecture," JRFM, MDPI, vol. 15(5), pages 1-25, April.
    • Handle: RePEc:gam:jjrfmx:v:15:y:2022:i:5:p:191-:d:797654
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1911-8074/15/5/191/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1911-8074/15/5/191/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mengelkamp, Esther & Gärttner, Johannes & Rock, Kerstin & Kessler, Scott & Orsini, Lawrence & Weinhardt, Christof, 2018. "Designing microgrid energy markets," Applied Energy, Elsevier, vol. 210(C), pages 870-880.
    2. Cranston, G.R. & Hammond, G.P., 2010. "North and south: Regional footprints on the transition pathway towards a low carbon, global economy," Applied Energy, Elsevier, vol. 87(9), pages 2945-2951, September.
    3. Strielkowski, Wadim & Štreimikienė, Dalia & Bilan, Yuriy, 2017. "Network charging and residential tariffs: A case of household photovoltaics in the United Kingdom," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 461-473.
    4. Paul Elkins & Terry Baker, 2001. "Carbon Taxes and Carbon Emissions Trading," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 325-376, July.
    5. Unknown, 2016. "Energy for Sustainable Development," Conference Proceedings 253270, Guru Arjan Dev Institute of Development Studies (IDSAsr).
    6. Anna, Petrenko, 2016. "Мaркування готової продукції як складова частина інформаційного забезпечення маркетингової діяльності підприємств овочепродуктового підкомплексу," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 2(1), March.
    7. Mattila, Juri & Seppälä, Timo & Naucler, Catarina & Stahl, Riitta & Tikkanen, Marianne & Bådenlid, Alexandra & Seppälä, Jane, 2016. "Industrial Blockchain Platforms: An Exercise in Use Case Development in the Energy Industry," ETLA Working Papers 43, The Research Institute of the Finnish Economy.
    8. Feng, Tian-tian & Yang, Yi-sheng & Yang, Yu-heng, 2018. "What will happen to the power supply structure and CO2 emissions reduction when TGC meets CET in the electricity market in China?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 92(C), pages 121-132.
    9. Noor, Sana & Yang, Wentao & Guo, Miao & van Dam, Koen H. & Wang, Xiaonan, 2018. "Energy Demand Side Management within micro-grid networks enhanced by blockchain," Applied Energy, Elsevier, vol. 228(C), pages 1385-1398.
    10. Lo Prete, Chiara & Hobbs, Benjamin F., 2016. "A cooperative game theoretic analysis of incentives for microgrids in regulated electricity markets," Applied Energy, Elsevier, vol. 169(C), pages 524-541.
    11. Andoni, Merlinda & Robu, Valentin & Flynn, David & Abram, Simone & Geach, Dale & Jenkins, David & McCallum, Peter & Peacock, Andrew, 2019. "Blockchain technology in the energy sector: A systematic review of challenges and opportunities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 100(C), pages 143-174.
    12. Longze Wang & Shucen Jiao & Yu Xie & Saif Mubaarak & Delong Zhang & Jinxin Liu & Siyu Jiang & Yan Zhang & Meicheng Li, 2021. "A Permissioned Blockchain-Based Energy Management System for Renewable Energy Microgrids," Sustainability, MDPI, vol. 13(3), pages 1-19, January.
    13. Kriett, Phillip Oliver & Salani, Matteo, 2012. "Optimal control of a residential microgrid," Energy, Elsevier, vol. 42(1), pages 321-330.
    14. Ahl, Amanda & Yarime, Masaru & Tanaka, Kenji & Sagawa, Daishi, 2019. "Review of blockchain-based distributed energy: Implications for institutional development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 107(C), pages 200-211.
    15. Blarke, M.B. & Lund, H., 2008. "The effectiveness of storage and relocation options in renewable energy systems," Renewable Energy, Elsevier, vol. 33(7), pages 1499-1507.
    16. Kyriakarakos, George & Piromalis, Dimitrios D. & Dounis, Anastasios I. & Arvanitis, Konstantinos G. & Papadakis, George, 2013. "Intelligent demand side energy management system for autonomous polygeneration microgrids," Applied Energy, Elsevier, vol. 103(C), pages 39-51.
    17. Jin, Ming & Feng, Wei & Liu, Ping & Marnay, Chris & Spanos, Costas, 2017. "MOD-DR: Microgrid optimal dispatch with demand response," Applied Energy, Elsevier, vol. 187(C), pages 758-776.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amitkumar V. Jha & Bhargav Appasani & Deepak Kumar Gupta & Bharati S. Ainapure & Nicu Bizon, 2023. "A Blockchain-Enabled Approach for Enhancing Synchrophasor Measurement in Smart Grid 3.0," Sustainability, MDPI, vol. 15(19), pages 1-20, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Umar, Abdullah & Kumar, Deepak & Ghose, Tirthadip, 2022. "Blockchain-based decentralized energy intra-trading with battery storage flexibility in a community microgrid system," Applied Energy, Elsevier, vol. 322(C).
    2. Noor, Sana & Yang, Wentao & Guo, Miao & van Dam, Koen H. & Wang, Xiaonan, 2018. "Energy Demand Side Management within micro-grid networks enhanced by blockchain," Applied Energy, Elsevier, vol. 228(C), pages 1385-1398.
    3. Tseng, Fang-Mei & Palma Gil, Eunice Ina N. & Lu, Louis Y.Y., 2021. "Developmental trajectories of blockchain research and its major subfields," Technology in Society, Elsevier, vol. 66(C).
    4. Yildizbasi, Abdullah, 2021. "Blockchain and renewable energy: Integration challenges in circular economy era," Renewable Energy, Elsevier, vol. 176(C), pages 183-197.
    5. Wang, Longze & Liu, Jinxin & Yuan, Rongfang & Wu, Jing & Zhang, Delong & Zhang, Yan & Li, Meicheng, 2020. "Adaptive bidding strategy for real-time energy management in multi-energy market enhanced by blockchain," Applied Energy, Elsevier, vol. 279(C).
    6. Schwidtal, J.M. & Piccini, P. & Troncia, M. & Chitchyan, R. & Montakhabi, M. & Francis, C. & Gorbatcheva, A. & Capper, T. & Mustafa, M.A. & Andoni, M. & Robu, V. & Bahloul, M. & Scott, I.J. & Mbavarir, 2023. "Emerging business models in local energy markets: A systematic review of peer-to-peer, community self-consumption, and transactive energy models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 179(C).
    7. Nan Jiang & Qi Han & Guohua Zhu, 2023. "A Three-Dimensional Analytical Framework: Textual Analysis and Comparison of Chinese and US Energy Blockchain Policies," Sustainability, MDPI, vol. 15(6), pages 1-28, March.
    8. Matteo Troncia & Marco Galici & Mario Mureddu & Emilio Ghiani & Fabrizio Pilo, 2019. "Distributed Ledger Technologies for Peer-to-Peer Local Markets in Distribution Networks," Energies, MDPI, vol. 12(17), pages 1-19, August.
    9. Ante, L. & Steinmetz, F. & Fiedler, I., 2021. "Blockchain and energy: A bibliometric analysis and review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
    10. Ahl, A. & Yarime, M. & Goto, M. & Chopra, Shauhrat S. & Kumar, Nallapaneni Manoj. & Tanaka, K. & Sagawa, D., 2020. "Exploring blockchain for the energy transition: Opportunities and challenges based on a case study in Japan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 117(C).
    11. Yahia Baashar & Gamal Alkawsi & Ammar Ahmed Alkahtani & Wahidah Hashim & Rina Azlin Razali & Sieh Kiong Tiong, 2021. "Toward Blockchain Technology in the Energy Environment," Sustainability, MDPI, vol. 13(16), pages 1-20, August.
    12. Freitas Gomes, Icaro Silvestre & Perez, Yannick & Suomalainen, Emilia, 2020. "Coupling small batteries and PV generation: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 126(C).
    13. Akhil Joseph & Patil Balachandra, 2020. "Energy Internet, the Future Electricity System: Overview, Concept, Model Structure, and Mechanism," Energies, MDPI, vol. 13(16), pages 1-26, August.
    14. Soto, Esteban A. & Bosman, Lisa B. & Wollega, Ebisa & Leon-Salas, Walter D., 2021. "Peer-to-peer energy trading: A review of the literature," Applied Energy, Elsevier, vol. 283(C).
    15. Ma, Chao-Qun & Lei, Yu-Tian & Ren, Yi-Shuai & Chen, Xun-Qi & Wang, Yi-Ran & Narayan, Seema, 2024. "Systematic analysis of the blockchain in the energy sector: Trends, issues, and future directions," Telecommunications Policy, Elsevier, vol. 48(2).
    16. Esmat, Ayman & de Vos, Martijn & Ghiassi-Farrokhfal, Yashar & Palensky, Peter & Epema, Dick, 2021. "A novel decentralized platform for peer-to-peer energy trading market with blockchain technology," Applied Energy, Elsevier, vol. 282(PA).
    17. Capper, Timothy & Gorbatcheva, Anna & Mustafa, Mustafa A. & Bahloul, Mohamed & Schwidtal, Jan Marc & Chitchyan, Ruzanna & Andoni, Merlinda & Robu, Valentin & Montakhabi, Mehdi & Scott, Ian J. & Franci, 2022. "Peer-to-peer, community self-consumption, and transactive energy: A systematic literature review of local energy market models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).
    18. Wenting Zhao & Jun Lv & Xilong Yao & Juanjuan Zhao & Zhixin Jin & Yan Qiang & Zheng Che & Chunwu Wei, 2019. "Consortium Blockchain-Based Microgrid Market Transaction Research," Energies, MDPI, vol. 12(20), pages 1-22, October.
    19. Siripha Junlakarn & Phimsupha Kokchang & Kulyos Audomvongseree, 2022. "Drivers and Challenges of Peer-to-Peer Energy Trading Development in Thailand," Energies, MDPI, vol. 15(3), pages 1-25, February.
    20. Teng, Sin Yong & Touš, Michal & Leong, Wei Dong & How, Bing Shen & Lam, Hon Loong & Máša, Vítězslav, 2021. "Recent advances on industrial data-driven energy savings: Digital twins and infrastructures," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jjrfmx:v:15:y:2022:i:5:p:191-:d:797654. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.