Blockchain Technologies for Smart Energy Systems: Fundamentals, Challenges and Solutions

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.
Comment: Submitted to IEEE Industrial Electronics Magazine