Utilization of a blockchainized reputation management service for performance enhancement of Smart Grid 2.0 applications
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Affiliation
University of Sri JayewardenepuraUniversity of Bedfordshire
University College Dublin
University of Peradeniya
Cardiff University
Issue Date
2024-02-07Subjects
blockchainreputation management
Ethereum
Smart Grid 2.0
Blockchain-as-a-Service
smart contracts
Subject Categories::G500 Information Systems
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Blockchain has become the technology enabler in delivering modern Smart Grid 2.0 functionalities. Many services including Peer-to-Peer energy trading, distribution network management, financial settlements, and energy data management are catered through blockchain-enabled platforms. However, areas such as service quality-based pricing strategies, supply–demand balancing in distribution system to attain enhanced reliability and consumption-oriented rewarding mechanisms need improving in order to achieve the full benefits of the envisaged grid architecture. In response, this study proposes a novel Blockchain-as-a-Service for Energy Trading (BaaSET) platform, which offers reputation-based services, executed through smart contracts for smart grid applications. Reputation-based grid operations are automatically executed through smart contracts deployed onto a blockchain. The reputation is estimated using power quality and reliability indices, obtained through grid measurements. Further, tests have been conducted to evaluate the associated latency and the implementation cost of the proposed blockchainized service architecture. Test results signify the performance to be comparatively better considering the state-of-the-art. The results further suggest alternatives to improve the scalability of the architecture, to cater the increasing number of stakeholders in the SG 2.0 environment.Citation
Yapa C, De Alwis C, Liyanage M, Ekanayake J (2024) 'Utilization of a blockchainized reputation management service for performance enhancement of Smart Grid 2.0 applications', Journal of Industrial Information Integration, 39 (100580)Publisher
ElsevierAdditional Links
https://www.sciencedirect.com/science/article/pii/S2452414X24000244Type
ArticleLanguage
enISSN
2452-414XSponsors
This work has been performed under the framework of University Research Grant (grant ASP/01/RE/ENG/2022/85) of University of Sri Jayewardenepura, STHRD funded research project in collaboration with Mobitel (Pvt.) Ltd. Sri Lanka (grant R1/SJ/01), and Science Foundation Ireland under CONNECT Phase 2 (grant 13/RC/2077/P2).ae974a485f413a2113503eed53cd6c53
10.1016/j.jii.2024.100580
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