Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical systems. It includes relevant and timely diverse applications and lays out models, algorithms and frameworks. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. Considering the marriage of blockchain and grid modernization, this book discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems.
This book is useful to those working in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources.
- Incorporates detailed applications of Blockchain in smart grids based on dynamic research and developments
- Presents chapters by global professors and researchers for worldwide coverage
- Includes numerical examples in each chapter, allowing readers to test their own comprehension of the material
1. Introductory chapter: An overview of the book 2. A panorama of applications of Blockchain technology to energy 3. Transition towards Blockchain-based electricity trading market 4. Decentralized Operation of Interdependent Power and Energy Networks: Blockchain and Security 5. Role of various market participants in Blockchain business model 6. Blockchain and Its Application Fields in Both Power Economy and Demand Side Management 7. Blockchain-based demand response using prosumers scheduling 8. Blockchain in decentralized demand-side control of microgrids 9. Blockchain for decentralized optimization of energy sources 10. Islanded microgrid management based on Blockchain communication 11. Blockchain-based protection of DC microgrid
Dr. Miadreza Shafie-khah is a professor at the University of Vaasa, Finland. He is the editor-in-chief and associate editor of several high prestigious journals, and guest editor of various Special Issues in smart grids and smart cities. He has been the coordinator of several projects in demand response, decentralized electricity markets, and multi-agent systems. He is an IEEE Senior Member and published more than 280 journal papers, book chapters and conference papers.