Open Access
Open access
volume 16 issue 2 pages 820

Incorporation of Blockchain Technology for Different Smart Grid Applications: Architecture, Prospects, and Challenges

Muhammad Waseem 1, 2
Muhammad Adnan Khan 1
Arman Goudarzi 3
Shah Fahad 4
Intisar Ali Sajjad 1
Pierluigi Siano 5, 6
Publication typeJournal Article
Publication date2023-01-11
scimago Q1
wos Q3
SJR0.713
CiteScore7.3
Impact factor3.2
ISSN19961073
Electrical and Electronic Engineering
Energy Engineering and Power Technology
Renewable Energy, Sustainability and the Environment
Building and Construction
Control and Optimization
Engineering (miscellaneous)
Energy (miscellaneous)
Abstract

Smart grid integrates computer, communication, and sensing technologies into existing power grid networks to achieve significant informatization-related advantages. It will provide communication between neighbors, localized management, bidirectional power transfer, and effective demand response. Smart grids (SG) replace conventional grids by integrating various operational measures, including smart automation appliances, smart meters, and renewable energy sources. Regarding energy management and resolving energy issues, SG is one of the most cutting-edge and potentially game-changing innovations. Even still, its complexity suggests that decentralization may provide significant gains. Because of its increasing digitization and interconnectedness, it is also vulnerable to cyber threats. Blockchain, in this sense, is a potential SG paradigm solution that provides several great benefits. Even though blockchains have been widely discussed to decentralize and strengthen smart grid cybersecurity, they have not yet been researched in depth from an application and architectural standpoint. Blockchain-enabled SG applications are the subject of an in-depth research investigation. Electric vehicles (EVs), home automation, energy management systems, etc., are only a few of the many examples that have prompted the proposal of blockchain designs for their respective use cases. Information communication network security is of paramount importance. However, this evolving system raises cybersecurity issues. This paper aims to guide researchers in the right manner so they may build blockchain-based, secure, distributed SG applications in the future. This article also summarizes cybersecurity threats pertaining to smart grids. It starts with a description of a blockchain followed by the blockchain infrastructure, challenges, and solutions for different smart grid applications. A look back at the tried-and-true methods of securing a power grid is offered, and then it discusses the newer and more complex cybersecurity threats to the smart grid. In addition, models of common cyberattacks are presented, and the methods of defense against them are examined.

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GOST |
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GOST Copy
Waseem M. et al. Incorporation of Blockchain Technology for Different Smart Grid Applications: Architecture, Prospects, and Challenges // Energies. 2023. Vol. 16. No. 2. p. 820.
GOST all authors (up to 50) Copy
Waseem M., Khan M. A., Goudarzi A., Fahad S., Sajjad I. A., Siano P. Incorporation of Blockchain Technology for Different Smart Grid Applications: Architecture, Prospects, and Challenges // Energies. 2023. Vol. 16. No. 2. p. 820.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.3390/en16020820
UR - https://doi.org/10.3390/en16020820
TI - Incorporation of Blockchain Technology for Different Smart Grid Applications: Architecture, Prospects, and Challenges
T2 - Energies
AU - Waseem, Muhammad
AU - Khan, Muhammad Adnan
AU - Goudarzi, Arman
AU - Fahad, Shah
AU - Sajjad, Intisar Ali
AU - Siano, Pierluigi
PY - 2023
DA - 2023/01/11
PB - MDPI
SP - 820
IS - 2
VL - 16
SN - 1996-1073
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{2023_Waseem,
author = {Muhammad Waseem and Muhammad Adnan Khan and Arman Goudarzi and Shah Fahad and Intisar Ali Sajjad and Pierluigi Siano},
title = {Incorporation of Blockchain Technology for Different Smart Grid Applications: Architecture, Prospects, and Challenges},
journal = {Energies},
year = {2023},
volume = {16},
publisher = {MDPI},
month = {jan},
url = {https://doi.org/10.3390/en16020820},
number = {2},
pages = {820},
doi = {10.3390/en16020820}
}
MLA
Cite this
MLA Copy
Waseem, Muhammad, et al. “Incorporation of Blockchain Technology for Different Smart Grid Applications: Architecture, Prospects, and Challenges.” Energies, vol. 16, no. 2, Jan. 2023, p. 820. https://doi.org/10.3390/en16020820.