Abstract
Globally, interest in renewable energy has grown recently. The microgrid integrates traditional dispersed energy resources utilizing technological tools and information technology, making it more effective and flexible to enhance the economic and environmental situations (IT). One of these technologies that has drawn interest in microgrid applications to create a sustainable society is blockchain. The blockchain idea can offer immutability for microgrid transactions such as recording power generation levels and confirming transactions between generators and end consumers. By eliminating the need to connect with third parties, blockchain-based smart contracts can be utilized for auditing or resolving a transaction dispute between the producers and the users. In this paper, we highlight many recent research projects on blockchain applications in microgrids and the use of smart contracts to enhance the transactive resilience in microgrids.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: 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.
