Block Chain Technology Based a Secure Solar Energy Management and Trading System

Abstract

With Block-chain based functions in the electricity marketplace are new to the solar energy business as well as an adolescent area within intellectual research. Researchers up to now have analyzed how the block-chain technology can upkeep the energy management and trading of the distribution network and within housing micro-grids while integrating distributed solar energy. In this paper, block chain technsology based solar energy management and trading is proposed to manage the generated solar energy using PV array. Solar energy management during its distribution and conservation phases is one of the major issues characterizing in this innovative world and that claims for the design of novel energy management solutions. Achieving high efficiency in the energy management system is crucial to electronic devices. We have analyzed our proposed model for solar energy management and trading is a better option to prevent the management system where solar energy is generated in a large amount using the PV array. Illustrative results point toward the proposed solar energy management and trading system effectively improves the system performance in terms of QoS parameters. Based on the observations of results, we can conclude that the energy distribution time of the proposed system is fast and also work for a high amount of energy.