Blockchain for Smart Grid Operations, Control and Management

The report reviews how blockchain technology can potentially solve the challenges of decentralized solutions for future renewable energy systems. As a result, several applications of blockchain for renewable energy are discussed, such as electric vehicles, decentralized P2P energy transactions, carbon certification and trading, physical information security, energy transfer, Energy-to-X, and the Internet of Energy.

A guideline for the implementation of blockchain to corresponding applications for future renewable energy is also presented in this report. This includes the different blockchain system architectures, the data flow from the power grid processed and recorded, the choice of the appropriate consensus, and the different blockchain frameworks.