Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274713 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Risk and Financial Management [ISSN:] 1911-8074 [Volume:] 15 [Issue:] 5 [Article No.:] 191 [Year:] 2022 [Pages:] 1-25
Publisher: 
MDPI, Basel
Abstract: 
The heterogeneous and decentralized nature of renewable energy sources is too much to handle for traditional and centralized IT grid infrastructure. Blockchain technology can address many of the associated challenges. This paper provides an overview of the state-of-the-art technology layers of grid system infrastructure, a proposed future state using blockchain technology, and gap analysis. The paper also contributes a set of architectural requirements for a blockchain-enabled future state and a proposed hybrid architecture using blockchain technology, verifiable credentials, and smart contracts. This architecture can uniquely support the technology layers critical to renewable energies, including system architecture, registries, grid management, billing, privacy, and interoperability.
Subjects: 
blockchain
decentralized IDs (DID)
grid management
IT architecture
IT infrastructure
microgrid
P2P
renewable energy
smart grid
verifiable credentials (VC)
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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