IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-97940-9_161.html
   My bibliography  Save this book chapter

A Blockchain-Based Smart Grid to Build Resilience Through Zero-Trust Cybersecurity

In: Handbook of Smart Energy Systems

Author

Listed:
  • Ava Hajian

    (University of North Texas)

  • Hsia-Ching Chang

    (University of North Texas)

Abstract

The current problem in addressing energy disruptions has highlighted the importance of energy network resilience by which energy suppliers (or power generation companies) can avoid disruptions or quickly manage and return to normal activity after being disrupted. Energy resilience is a fundamental capability in the security management of smart grids. Smart grids provide efficient communication between consumers and energy suppliers. Smart grids are exposed to many potential cyberattacks. Recent cyberattacks on Germany’s, Iran’s, and the United States’ energy distribution networks reveal how current energy infrastructures are weak regarding business continuity in times of cyber-disruptions. Emerging technologies such as blockchain can contribute to energy network resilience to provide a reliable and sustainable system. However, a lack of research exists to explore the potential role of blockchain in addressing energy disruptions. We propose a blockchain-based smart grid in which two mediators are introduced – peer-to-peer trading and zero-trust cybersecurity – to build business continuity in smart grids. In the proposed model, blockchain-based smart contracts are positively related to smart grid resilience. Moreover, peer-to-peer (P2P) energy trading, a novel strategy for energy management in smart grids, facilitates the implementation of a group of small consumers and producers into energy markets. The proposed blockchain-based smart contracts create peer-to-peer trading resulting in smart grid resilience. Finally, results showed that blockchain-based smart contracts significantly contribute to zero-trust cybersecurity, which results in a better capability to mitigate cyberattacks.

Suggested Citation

  • Ava Hajian & Hsia-Ching Chang, 2023. "A Blockchain-Based Smart Grid to Build Resilience Through Zero-Trust Cybersecurity," Springer Books, in: Michel Fathi & Enrico Zio & Panos M. Pardalos (ed.), Handbook of Smart Energy Systems, pages 2177-2195, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-97940-9_161
    DOI: 10.1007/978-3-030-97940-9_161
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-3-030-97940-9_161. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.