A Study on Utilization of Hybrid Blockchain for Energy Sharing in Micro-Grid

Jeong Min Jeon, Choong Seon Hong

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

7 Citations (Scopus)

Abstract

With recent developments in the blockchain technology, the energy industry is devoting an overwhelming interest towards it. Moreover, the future society will move towards a zero-energy internet to share energy and minimize the energy usage that contributes in producing greenhouse gas consumption. As a result, energy sharing system is undergoing a paradigm shift from centralized energy supply systems to ICT-based distributed energy supply systems. In this regards, a major challenge for the energy market case study is the presence of the energy double spending problem in Micro-Grid (MG), which threatens the security of the trading infrastructure. In this paper, we propose a mechanism that the problem of double energy spending is solved by applying off-chain Hybrid Blockchain (HB) technology to provide a secure environment where energy can be safely shared between prosumer and consumer at a closer distance, without intermediary intervention.

Original languageEnglish
Title of host publication2019 20th Asia-Pacific Network Operations and Management Symposium
Subtitle of host publicationManagement in a Cyber-Physical World, APNOMS 2019
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9784885523205
DOIs
Publication statusPublished - Sept 2019
Event20th Asia-Pacific Network Operations and Management Symposium, APNOMS 2019 - Matsue, Japan
Duration: 18 Sept 201920 Sept 2019

Publication series

Name2019 20th Asia-Pacific Network Operations and Management Symposium: Management in a Cyber-Physical World, APNOMS 2019

Conference

Conference20th Asia-Pacific Network Operations and Management Symposium, APNOMS 2019
Country/TerritoryJapan
CityMatsue
Period18/09/1920/09/19

Bibliographical note

Publisher Copyright:
© 2019 IEICE.

Keywords

  • energy sharing
  • hybrid blockchain
  • micro-gird
  • plasma
  • renewable energy

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