Blockchain-Based Smart Grids

Blockchain-Based Smart Grids

1st Edition - April 30, 2020

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  • Editor: Miadreza Shafie-khah
  • eBook ISBN: 9780128178638
  • Paperback ISBN: 9780128178621

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Description

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications.

Key Features

  • Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues
  • Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments
  • Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology
  • Written by a global group of authors for worldwide coverage

Readership

Researchers and practitioners in smart grids and security, academic and industrial applications professionals related to grid modernization and smart grid applications

Table of Contents

  • 1. Introductory chapter: An overview of the book
    2. A panorama of applications of blockchain technology to energy
    3. Transition towards blockchain-based electricity trading market
    4. Decentralized operation of interdependent power and energy networks: Blockchain and security
    5. The role of various market participants in blockchain business model
    6. Blockchain and its application fields in both power economy and demand side management
    7. Blockchain-based demand response using prosumers scheduling
    8. Blockchain in decentralized demand-side control of microgrids
    9. Blockchain for decentralized optimization of energy sources: EV charging coordination via blockchain-based charging power quota trading
    10. Islanded microgrid management based on blockchain communication
    11. Blockchain-based protection schemes of DC microgrids

Product details

  • No. of pages: 232
  • Language: English
  • Copyright: © Academic Press 2020
  • Published: April 30, 2020
  • Imprint: Academic Press
  • eBook ISBN: 9780128178638
  • Paperback ISBN: 9780128178621

About the Editor

Miadreza Shafie-khah

Dr. Miadreza Shafie-khah is a professor at the University of Vaasa, Finland. He is the editor-in-chief and associate editor of several high prestigious journals, and guest editor of various Special Issues in smart grids and smart cities. He has been the coordinator of several projects in demand response, decentralized electricity markets, and multi-agent systems. He is an IEEE Senior Member and published more than 300 journal papers, book chapters and conference papers.

Affiliations and Expertise

School of Technology and Innovations, University of Vaasa, Vaasa, Finland

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