Publication

Abstract : The smart grid concept was developed as a modern-day economic construct for holding up the traditional power infrastructure to determine the most effective strategy for incorporating renewable and green energy technology to everyday energy use by people. The smart grid has been developing as a novel solution for ensuring energy access whenever required and from any location. The overriding goal of such developments is really to foster the development of a sustainable society. Nevertheless, connecting and managing the rapidly rising number of users and connections seems to be a challenge in the existing centralized grid architecture. As a result, the smart grid is evolving from a centralized to a decentralized topology. On the other hand, the blockchain offers several advantageous features of a packaged software ready to be unpacked and installed which can benefit smart grid paradigm. We intend to present a complete assessment of blockchain applications in smart grids in this study. As such, we highlight the security solutions that blockchain can resolve in the smart grid.