Related Experiment Video
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Experimental Investigation of the Hierarchical Control in DC Microgrids Using a Real-time Simulator
Published on: February 14, 2025
292
Blockchain-powered grids: Paving the way for a sustainable and efficient future
Nazir Ullah1, Waleed Mugahed Al-Rahmi2, Fahad Alblehai3
1School of Management and Engineering, Nanjing University, Nanjing, 210093, China.
Heliyon
|June 4, 2024
Summary
Blockchain technology adoption in smart grids is significantly influenced by its relative advantage, cost savings, and regulatory support. Innovativeness also plays a key role in user intention for these energy systems.
Area of Science:
- Energy Systems
- Information Technology
- Management Science
Background:
- Blockchain technology offers potential for secure energy record-keeping.
- Smart grids require robust and transparent data management systems.
- Understanding user adoption factors is crucial for successful technology integration.
Purpose of the Study:
- To examine factors influencing user intention to adopt Blockchain technology in smart grids.
- To extend the Technology Organization Environment (TOE) framework for Blockchain adoption.
- To provide insights for industry best practices in Blockchain implementation for energy.
Main Methods:
- Utilized the Technology Organization Environment (TOE) framework.
- Employed Structural Equation Modelling (SEM) for data analysis.
- Investigated critical factors such as relative advantage, innovativeness, cost saving, and regulatory support.
Main Results:
- Relative advantage significantly impacts Blockchain adoption intention in smart grids.
- Innovativeness, cost savings, and regulatory support also positively influence adoption intention.
- Traceability impacts upper management support and cost savings, but not directly user intention.
Conclusions:
- Relative advantage is the most critical factor for Blockchain adoption in smart grids.
- The study extends the TOE theory, offering a predictive model for organizational behavior in adopting Blockchain for smart grids.
- Findings guide industry best practices for implementing innovative energy technologies.
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