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Distributed Renewable Energy Management: A Gap Analysis and Proposed Blockchain-Based Architecture.
Annegret Henninger1, Atefeh Mashatan1
1Ted Rogers School of Management, Ryerson University, 350 Victoria St., Toronto, ON M5B 2K3, Canada; amashatan@ryerson.ca.
Blockchain technology offers solutions for managing decentralized renewable energy grids. This paper proposes a hybrid architecture using blockchain, verifiable credentials, and smart contracts for enhanced grid management and interoperability.
Area of Science:
- Energy Systems
- Information Technology
- Distributed Ledger Technology
Background:
- Traditional IT infrastructure struggles with the complexity of decentralized renewable energy sources.
- Existing grid systems face challenges in managing heterogeneous and distributed energy generation.
Purpose of the Study:
- To analyze the current state of grid infrastructure and propose a blockchain-enabled future state.
- To identify architectural requirements for a blockchain-enhanced grid.
- To present a novel hybrid architecture for renewable energy systems.
Main Methods:
- Overview of current grid system technology layers.
- Gap analysis between traditional and blockchain-enabled infrastructures.
- Development of architectural requirements for a blockchain future state.
- Proposal of a hybrid architecture integrating blockchain, verifiable credentials, and smart contracts.
Main Results:
- Identification of key challenges in current grid IT infrastructure for renewable energy.
- A proposed set of architectural requirements for a future blockchain-enabled grid.
- A novel hybrid architecture designed to support critical renewable energy layers.
- Demonstration of the architecture's capability to manage system architecture, registries, grid management, billing, privacy, and interoperability.
Conclusions:
- Blockchain technology is crucial for addressing the limitations of centralized IT in renewable energy grids.
- The proposed hybrid architecture offers a viable solution for secure, interoperable, and efficient grid management.
- This approach uniquely supports essential technological layers for the integration of renewable energies.
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