IJSDR
IJSDR
INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
Call For Paper

Issue: May 2024

Volume 9 | Issue 5

Impact factor: 8.15

Click Here For more Info

Imp Links for Author
Imp Links for Reviewer
Research Area
Subscribe IJSDR
Visitor Counter

Copyright Infringement Claims
Indexing Partner




Published Paper Details
Paper Title: Blockchain-Based Decentralised Energy Trading Using Micro-Grids
Authors Name: Jayanth C , Utsav Das , JK Daarun , Anusha S Bhat , Nalini N
Unique Id: IJSDR2207008
Published In: Volume 7 Issue 7, July-2022
Abstract: Electricity plays such a significant role in our modern lives that one cannot imagine a world without it. As the electricity consumption increases, and due to the high prices, it becomes a big issue to maintain carbon neutrality in the world. As a result, we use microgrid technology with blockchain and the integration of renewables, and energy storage. When a centralized power grid malfunctions or goes down due to natural calamities, then the backup for the electricity will be microgrids as they work in a decentralized manner. Each user can sell and buy energy thereby building a strong energy trading network. We have used blockchain to implement a Peer-to-Peer (P2P) energy trading system. Blockchain provides the architecture for the microgrid. We can enhance security and produce transparency and a completely auditable ledger in the network by using smart contracts for energy transactions. Due to the use of a decentralized network, the identity of users is secure because each user has their own digital hashed signature. On implementation of the proposed system, we can bring down the cost and trade energy between prosumers and consumers as and when required, without any intermediary intervention.
Keywords: Blockchain, DApp, Microgrid, Ethereum, IPFS, Peer to Peer, Ledger, Cryptocurrency, Crypto Wallet, Decentralized Network, Prosumer, Consumer, Smart Contracts, Energy Transactions, Public Key Cryptography
Cite Article: "Blockchain-Based Decentralised Energy Trading Using Micro-Grids ", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.7, Issue 7, page no.45 - 55, July-2022, Available :http://www.ijsdr.org/papers/IJSDR2207008.pdf
Downloads: 000338719
Publication Details: Published Paper ID: IJSDR2207008
Registration ID:200855
Published In: Volume 7 Issue 7, July-2022
DOI (Digital Object Identifier):
Page No: 45 - 55
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631

Click Here to Download This Article

Article Preview

Click here for Article Preview







Major Indexing from www.ijsdr.org
Google Scholar ResearcherID Thomson Reuters Mendeley : reference manager Academia.edu
arXiv.org : cornell university library Research Gate CiteSeerX DOAJ : Directory of Open Access Journals
DRJI Index Copernicus International Scribd DocStoc
Track Paper

Track Submitted Paper
Important Links

Call For Paper

Join As Reviewer
Conference Proposal
CLICK HERE
For Conference Prposal
ISSN
DOI (A digital object identifier)


Providing A digital object identifier by DOI
How to GET DOI and Hard Copy Related
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Creative Commons License
This material is Open Knowledge
This material is Open Data
This material is Open Content
Social Media
IJSDR

Indexing Partner
Copyright © 2024 - All Rights Reserved - IJSDR
Copyright © 2015 - All Rights Reserved - IJSDR