Abstract
As blockchain and energy trading have become hot topics in industry and academia, this paper presents a brief literature regarding the blockchain-based energy trading in the fields of energy trading with blockchain. At first, the background and development process is presented, and then the applications of blockchain in energy trading are surveyed and analyzed. Finally, conclusions are summarized and important directions are highlighted in this field.
Highlights
At present, as the environmental pollution issue is becoming more and more serious, the disadvantages of the centralized energy system, such as the heavy loss of energy in the long-distance transmission and distribution process, and the low fault-tolerant ability of the system, are becoming prominent
This paper presents a systematic literature review of studies and projects based on blockchain-based energy trading, as proposed in papers published in recent years
Aiming at the security and privacy issues of large scale vehicle to grid (V2G) energy trading, Zhou et al (2018) developed a consortium of blockchainbased energy trading mechanism and an edge computing-based task offloading for V2G and local energy aggregators (LEAGs), respectively, and the validation of the proposed framework was proved from the perspectives of task offloading and security
Summary
As the environmental pollution issue is becoming more and more serious, the disadvantages of the centralized energy system, such as the heavy loss of energy in the long-distance transmission and distribution process, and the low fault-tolerant ability of the system, are becoming prominent. The development of decentralized renewable energy technology has gained attention; its storage and redistribution process can not be satisfied through the current centralized system. Some researchers put forward the idea of blockchain-based energy trading (Zhang et al, 2017; Pee et al, 2019), and some projects have been successfully implemented (Laszka et al, 2018b; Mengelkamp et al, 2018). Considering that energy trading based on blockchain is still at an early stage, this paper divides the current research focus into four aspects: (1) construction of trading platform; (2) economy, privacy, and security of transaction mechanism; (3) redundancy and scalability of trading platform; (4) implementation of the specific technology of trading platform. Section Application of Blockchain in Energy Trading describes four key issues and analyzes the corresponding research status.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.