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Blockchain-based smart energy trading: Motivations and challenges

The growing population and high demand of renewable energy leads to a decentralized solution to trade energy smartly. In an innovative energy market, consumers and prosumers are able to trade green energy locally and directly to balance the generation and consumption through decentralized community....

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Main Authors: Amini A., Jamil N., Bohani F.A.
Other Authors: 57202440982
Format: Article
Published: Compusoft 2023
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spelling my.uniten.dspace-256702023-05-29T16:12:31Z Blockchain-based smart energy trading: Motivations and challenges Amini A. Jamil N. Bohani F.A. 57202440982 36682671900 56288042200 The growing population and high demand of renewable energy leads to a decentralized solution to trade energy smartly. In an innovative energy market, consumers and prosumers are able to trade green energy locally and directly to balance the generation and consumption through decentralized community. In this paper, we present a comprehensive review of existing energy trading systems, their motivations and challenges. For this reason, new ICT technologies are investigated to consider their incredible affections on data transparency, energy trading and how energy consumer and producers are connected intelligently. The similarities, differences and challenges in different energy trading projects are identified. The comparison analysis leads us to analyze the future scenario of energy trading that can offer high level of data transparency, low trading cost and less trading time. � 2020, National Institute of Science Communication and Information Resources (NISCAIR). Final 2023-05-29T08:12:31Z 2023-05-29T08:12:31Z 2020 Article 2-s2.0-85091238560 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85091238560&partnerID=40&md5=465a8d3ce1b041b95e99222917ee483e https://irepository.uniten.edu.my/handle/123456789/25670 9 7 3743 3748 Compusoft Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description The growing population and high demand of renewable energy leads to a decentralized solution to trade energy smartly. In an innovative energy market, consumers and prosumers are able to trade green energy locally and directly to balance the generation and consumption through decentralized community. In this paper, we present a comprehensive review of existing energy trading systems, their motivations and challenges. For this reason, new ICT technologies are investigated to consider their incredible affections on data transparency, energy trading and how energy consumer and producers are connected intelligently. The similarities, differences and challenges in different energy trading projects are identified. The comparison analysis leads us to analyze the future scenario of energy trading that can offer high level of data transparency, low trading cost and less trading time. � 2020, National Institute of Science Communication and Information Resources (NISCAIR).
author2 57202440982
author_facet 57202440982
Amini A.
Jamil N.
Bohani F.A.
format Article
author Amini A.
Jamil N.
Bohani F.A.
spellingShingle Amini A.
Jamil N.
Bohani F.A.
Blockchain-based smart energy trading: Motivations and challenges
author_sort Amini A.
title Blockchain-based smart energy trading: Motivations and challenges
title_short Blockchain-based smart energy trading: Motivations and challenges
title_full Blockchain-based smart energy trading: Motivations and challenges
title_fullStr Blockchain-based smart energy trading: Motivations and challenges
title_full_unstemmed Blockchain-based smart energy trading: Motivations and challenges
title_sort blockchain-based smart energy trading: motivations and challenges
publisher Compusoft
publishDate 2023
_version_ 1806428078417641472
score 13.211869

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