Smart City Gnosys

Smart city article details

Title	Fostering Energy Transition In Smart Cities: Dlts For Peer-To-Peer Electricity Trading
ID_Doc	26955
Authors	Montakhabi M.; Der Graaf S.V.; Madhusudan A.; Sarenche R.; Mustafa M.A.
Year	2021
Published	Proceedings - 17th Annual International Conference on Distributed Computing in Sensor Systems, DCOS 2021
DOI	http://dx.doi.org/10.1109/DCOSS52077.2021.00078
Abstract	This paper explores the applications of Distributed Ledger Technologies (DLTs) in Peer-to-Peer (P2P) electricity trading. It highlights the challenges and trade-offs of applying three different DLTs: Blockchain, Directed Acyclic Graph (DAG), and Holochain. First, the study introduces the energy transition concept in the smart city context. Second, P2P electricity trading and its supporting trading mechanisms are introduced. Third, DLTs are defined and three different types of DLTs are introduced. Forth, possibilities, challenges, and consequences of applying DLTs in electricity trading are explained. Last, applying DLTs for P2P electricity trading from different aspects are discussed. This paper provides a benchmark for applying DLTs to foster energy transition in smart cities. It highlights how this type of technology can serve smart circular economy. © 2021 IEEE.
Author Keywords	blockchain; DLT; ecosystem; energy transition; P2P energy trading; Smart cities; token economy

Similar Articles

Id	Similarity	Authors	Title	Published
24777	0.902	Idries A.; Krogstie J.; Rajasekharan J.	Evaluation Of Distributed Ledger Technology Implementation In Electrical Energy Service Through A Case Study	ISC2 2022 - 8th IEEE International Smart Cities Conference (2022)
35043	0.898	Montakhabi M.; Madhusudan A.; Mustafa M.A.; Vanhaverbeke W.; Almirall E.; Shenja van der G.	Leveraging Blockchain For Energy Transition In Urban Contexts	Big Data and Society, 10, 2 (2023)
30542	0.894	Kwak S.; Lee J.	Implementation Of Blockchain Based P2P Energy Trading Platform	International Conference on Information Networking, 2021-January (2021)
4142	0.893	Arumugam R.; Subbaiyan T.	A Review Of Dynamic Pricing And Peer-To-Peer Energy Trading In Smart Cities With Emphasize On Electric Vehicles	4th International Conference on Energy, Power, and Environment, ICEPE 2022 (2022)
49898	0.893	Malsa N.; Srivastave T.; Sahni U.; Garg S.; Ghosh A.; Shaw R.N.	Smart Cities: P2P Energy Trading Using Blockchain	Communications in Computer and Information Science, 1749 CCIS (2023)
12729	0.883	Ghandour A.G.; Elhoseny M.; Hassanien A.E.	Blockchains For Smart Cities: A Survey	Lecture Notes in Intelligent Transportation and Infrastructure, Part F1404 (2019)
486	0.876	Gao J.; Asamoah K.O.; Xia Q.; Sifah E.B.; Amankona O.I.; Xia H.	A Blockchain Peer-To-Peer Energy Trading System For Microgrids	IEEE Transactions on Smart Grid, 14, 5 (2023)
12510	0.875	Mohril S.; Sankhla M.S.; Sonone S.S.; Kumar R.	Blockchain Iot Concepts For Smart Grids, Smart Cities And Smart Homes	Blockchain and IoT Integration: Approaches and Applications (2021)
28448	0.874	Dekhane S.; Mhalgi K.; Vishwanath K.; Singh S.; Giri N.	Greencoin: Empowering Smart Cities Using Blockchain 2.0	2019 International Conference on Nascent Technologies in Engineering, ICNTE 2019 - Proceedings (2019)
18752	0.871	Yaghmaee M.H.; Alishahi S.; Afshar R.	Design Of A Mqtt Energy Broker For P2P Energy Trading For The Future Smart Cities	IET Conference Proceedings, 2022, 16 (2022)