Role of blockchain technology in transactive energy market: A review

【Author】 Afzal, Muhammad; Li, Jian; Amin, Waqas; Huang, Qi; Umer, Khalid; Ahmad, Syed Adrees; Ahmad, Fayyaz; Raza, Asif

【Source】SUSTAINABLE ENERGY TECHNOLOGIES AND ASSESSMENTS

【影响因子】7.632

【Abstract】An efficient, secure and transparent distributed electricity market system can be realized by integrating various technologies like internet of things, energy internet and blockchain. Recently, application of blockchain technology in transactive energy market for electricity trading has become prevalent both in industry and academia. The purpose of this work to explore the potential and contribution of energy blockchain development in distributed power and energy market by reviewing the scientific research based on the concept of blockchain technology applications and optimization in transactive energy market. In this paper, the types of blockchain technology, consensus algorithms, and smart contracts for peer-to-peer energy market are categorized. Moreover, this work provides a perspective on the transformation of traditional market into the next-generation market by blockchain technology. Finally, this work provides an overview of various kinds of objective functions and solution approaches used in the power market to achieve optimal goals. Thus, this work provides a useful reference to the researcher related to blockchain technology in transactive energy market.

【Keywords】Peer-to-peer; Internet of Things; Distributed power market; Blockchain technology; Smart contracts; Consensus; Transactive energy market

【发表时间】2022 OCT

【收录时间】2023-01-04

【文献类型】综述

【主题类别】

区块链应用-实体经济-能源领域