Blockchain Technologies for Smart Energy Systems: Fundamentals, Challenges and Solutions
This work addresses the problem of inefficient blockchain integration for researchers and practitioners in smart energy systems, but it is incremental as it reviews and adapts existing technologies rather than introducing new methods.
The paper tackles the challenge of integrating blockchain into smart energy systems by analyzing existing platforms and identifying solutions that meet specific requirements, as many current options are too resource-intensive. It provides guidance for developing more suitable blockchain platforms to enhance smart energy applications.
In this paper, we discuss the integration of blockchain in smart energy systems. We present various blockchain technology solutions, review important blockchain platforms, and several blockchain based smart energy projects in different smart energy domains. The majority of blockchain platforms with embedded combination of blockchain technology solutions are computing- and resource- intensive, and hence not entirely suitable for smart energy applications. We consider the requirements of smart energy systems and accordingly identify appropriate blockchain technology solutions for smart energy applications. Our analysis can help in the development of flexible blockchain platforms for smart energy systems.