Abstract
The impressive furtherance of communication technologies has exhorted industrial companies to link-up these developments with their own abilities with the target of efficiency enhancement through smart supervision and control. With this in mind, the blockchain platform is a prospective solution for merging communication technologies and industrial infrastructures, but there are several challenges. Such obstacles should be addressed to effectively adopt this technology. One of the most recent challenges relative to adopting blockchain technology is the energy consumption of miners. Thus, providing an accurate approach that addresses the underlying cause of the problem will carry weight in the future. This work addresses managing the energy consumption of miners by using the advantage of distributed generation resources (DGRs). Along the same vein, it appears that achieving the optimal solution requires executing the modified reconfirmation of DGRs and miners (indeed, mining pool systems) in the smart grid. In order to perform this task, this article utilizes the Intelligent Priority Selection (IPS) method since this method is up to snuff for corporative allocation. In order to find practical solutions for this problem, the uncertainty is also modeled as a credible index highly correlated with the load and generation. All in all, it can be said that the outcome of this research study can help researchers in the field of enhancement of social welfare by using the proposed technology.
Highlights
Peer-to-peer (P2P) energy management has become a practical and technical solution since distributed grids are introduced
Developing the basic structure of blockchain technology is a vital requirement to fully cover challenges of the miner energy consumption and cyber-security which are in conflict with each other
With the advent of these issues, we believe that picking out a proper cooperative location of the miners and renewable resources can be the best available solution to deal with challenges facing blockchain architecture
Summary
Peer-to-peer (P2P) energy management has become a practical and technical solution since distributed grids are introduced. Research suggests that the procedure of electrification is evolving around the clock owing to the merging of microgrids and distributed generation resources (DGRs) [1]. Block chain technology is an emerging technology in both science and the industry. All the network’s agents will have access to information in distributed energy management [2]. Researchers have become much yearned in researching the distributed energy management based on blockchain. Researchers always have a thirst for investigating new topics. The deployment of blockchain technologies does not entrust a straightforward choice because there are challenging obstacles in its way. The present study focuses on the issue
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