Blockchain Use in Microgrid: Quantitative Analysis

Ameni Boumaiza*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This optimization of microgrid functionality has significant implications for energy security, resilience, and sustainability, as well as empowering individual consumers to actively participate in the transition towards a decentralized, renewable energy system. By enabling P2P energy exchange and incentivizing energy-efficient practices, this research has the potential to revolutionize the way energy is produced, consumed, and distributed within communities. Furthermore, the integration of blockchain technology not only enhances the efficiency and transparency of the microgrid system but also opens opportunities for new business models and collaborations between different stakeholders. This research highlights the importance of embracing innovative solutions in creating a more sustainable and resilient energy system for the future.

Original languageEnglish
Title of host publicationProceedings of IEMTRONICS 2024 - International IoT, Electronics and Mechatronics Conference
EditorsPhillip G. Bradford, S. Andrew Gadsden, Shiban K. Koul, Kamakhya Prasad Ghatak
PublisherSpringer Science and Business Media Deutschland GmbH
Pages333-342
Number of pages10
ISBN (Print)9789819747795
DOIs
Publication statusPublished - 2025
EventInternational IoT, Electronics and Mechatronics Conference, IEMTRONICS 2024 - London, United Kingdom
Duration: 3 Apr 20245 Apr 2024

Publication series

NameLecture Notes in Electrical Engineering
Volume1229
ISSN (Print)1876-1100
ISSN (Electronic)1876-1119

Conference

ConferenceInternational IoT, Electronics and Mechatronics Conference, IEMTRONICS 2024
Country/TerritoryUnited Kingdom
CityLondon
Period3/04/245/04/24

Keywords

  • Artificial intelligence
  • Blockchain technology
  • Energy management
  • Energy marketplace
  • Machine learning
  • P2P
  • Smart grid

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