Enhancing Demand-Side Management and Electricity Efficiency through Blockchain Technology DOI Open Access
Ameni Boumaiza

Published: Oct. 28, 2024

Blockchain technology presents significant advancements in demand-side management (DSM) by facilitating decentralized, transparent, and secure transactions within energy systems. This study investigates a novel blockchain-based approach aimed at enhancing electricity efficiency through optimized DSM strategies. We propose an innovative framework that integrates blockchain with real-time data analytics to optimize consumption, encourage consumer participation, promote efficient utilization. Our experimental analysis reveals the integration of enhances achieving 25% reduction costs for consumers, 30% increase demand response participation rate, 15% improvement overall grid stability compared traditional approaches. These findings underscore effectiveness our proposed method, showcasing its originality potential future solutions.

Language: Английский

Optimal load forecasting and scheduling strategies for smart homes peer-to-peer energy networks: A comprehensive survey with critical simulation analysis DOI Creative Commons
Ali Raza, Jingzhao Li,

Muhammad Adnan

et al.

Results in Engineering, Journal Year: 2024, Volume and Issue: 22, P. 102188 - 102188

Published: May 3, 2024

The home energy management (HEM) sector is going through an enormous change that includes important elements like incorporating green power, enhancing efficiency forecasting and scheduling optimization techniques, employing smart grid infrastructure, regulating the dynamics of optimal trading. As a result, ecosystem players need to clarify their roles, develop effective regulatory structures, experiment with new business models. Peer-to-Peer (P2P) trading seems be one viable options in these conditions, where consumers can sell/buy electricity to/from other users prior totally depending on utility. P2P enables exchange between prosumers, thus provide more robust platform for This strategy decentralizes market than it did previously, opening up possibilities improving trade customers Considering above scenarios, this research provides extensive insight structure, procedure, design, platform, pricing mechanism, approaches, topologies possible futuristic while examining characteristics, pros cons primary goal determining whichever approach most appropriate given situation HEMs. Moreover, HEMs load framework simulation model also proposed analyze network critically, paving technical directions scientific researchers. With cooperation, age technological advancements ushering intelligent, interconnected, reactive urban environment are brought life. In sense, path living entails reinventing as well how people interact perceive dwellings larger city. Finally, work comprehensive overview challenges terms strategies, solutions, future prospects.

Language: Английский

Citations

20

Leveraging blockchain technology to enhance transparency and efficiency in carbon trading markets DOI Creative Commons
Ameni Boumaiza,

Kenza Maher

International Journal of Electrical Power & Energy Systems, Journal Year: 2024, Volume and Issue: 162, P. 110225 - 110225

Published: Sept. 25, 2024

Language: Английский

Citations

13

Blockchain technology in the renewable energy sector: A co-word analysis of academic discourse DOI Creative Commons
Abderahman Rejeb, Karim Rejeb, Imen Zrelli

et al.

Heliyon, Journal Year: 2024, Volume and Issue: 10(8), P. e29600 - e29600

Published: April 1, 2024

The transformative potential of blockchain technology in the renewable energy sector is increasingly gaining recognition for its capacity to enhance efficiency, enable decentralized trading, and ensure transaction transparency. However, despite growing importance, there exists a significant knowledge gap holistic understanding integration impact within this sector. Addressing gap, current study employs pioneering approach, marking it as first comprehensive bibliometric analysis field. We have systematically examined 390 journal articles from Web Science database, covering period 2017 through end February 2024, map landscape thematic trajectories energy. findings highlight several critical areas, including blockchain's with smart grids, role electric vehicle integration, application sustainable urban systems. These themes not only illustrate diverse applications but also substantial revolutionize This fills crucial existing literature sets precedent future interdisciplinary research domain, bridging theoretical insights practical fully harness

Language: Английский

Citations

9

Carbon and Energy Trading Integration within a Blockchain-Powered Peer-to-Peer Framework DOI Creative Commons
Ameni Boumaiza

Energies, Journal Year: 2024, Volume and Issue: 17(11), P. 2473 - 2473

Published: May 22, 2024

In the ever-changing global energy landscape, emergence of ‘prosumers’, individuals who both produce and consume energy, has blurred traditional boundaries. Driven by growing demand for sustainability renewable prosumers play a critical role in bridging gap between production consumption. They can generate their own through decentralized sources like solar panels wind turbines, sell excess back to grid. However, tracking carbon emissions pricing strategies pose challenges. To address this, we developed an innovative blockchain-driven peer-to-peer (P2P) trading platform allowances. This empowers influence promotes more equitable distribution energy. The P2P leverages blockchain technology, digital ledger, provide transparency security emission transactions. By eliminating intermediaries, ensures accuracy data creates tamper-proof record study employed modified IEEE 37-bus test system evaluate efficacy proposed blockchain-based framework. is well-established benchmark power analysis, comprising 37 nodes, 13 generators, transmission lines. leveraging this system, demonstrated framework’s ability optimize consumption patterns mitigate emissions, highlighting transformative potential technology sector. offers several benefits prosumers: (1) Transparency: provides transparent all transactions, ensuring that are compensated fairly they produce. (2) Security: Blockchain makes it impossible tamper with or counterfeit allowances, integrity system. (3) Efficiency: eliminates need reducing cost complexity (4) Empowerment: gives greater say how priced distributed, promoting

Language: Английский

Citations

9

A blockchain-centric P2P trading framework incorporating carbon and energy trades DOI Creative Commons
Ameni Boumaiza

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 54, P. 101466 - 101466

Published: June 29, 2024

The rise of prosumers – individuals who both produce and consume energy presents a significant opportunity to reshape markets achieve carbon neutrality. However, current trading models struggle effectively track emissions incentivize sustainable consumption behaviors. This study introduces novel, blockchain-based peer-to-peer (P2P) platform for allowances, designed empower revolutionize patterns. Utilizing blockchain technology, the enables direct, transparent, secure transactions between prosumers, creating decentralized market where they can set their own prices allowances. dynamic competitive environment empowers take control incentivizes adoption practices. also incorporates reward system targeting specific habits, promoting behaviors that reduce emissions. Empirical evidence theoretical justification within highlight platform's potential transform transparent verifiable nature technology addresses limitations existing centralized aggregator-based methods. proposed provides robust framework tracking emissions, consumption, empowering actively participate in transition. innovative solution challenges faced by market, paving way more equitable future.

Language: Английский

Citations

9

Advancing Sustainable Investment Efficiency and Transparency Through Blockchain-Driven Optimization DOI Open Access
Ameni Boumaiza

Sustainability, Journal Year: 2025, Volume and Issue: 17(5), P. 2000 - 2000

Published: Feb. 26, 2025

In the context of escalating climate change and mounting environmental challenges, green finance has emerged as a crucial mechanism for fostering sustainable development. This paper presents an experimental analysis that illustrates how integration blockchain technology into financial (fintech) strategies can significantly enhance efficacy investments. Our proposed framework facilitates optimization these by improving transparency fund traceability in environmentally focused projects. Through rigorous testing data-driven insights, we demonstrate potential to streamline financing processes, mitigate risks associated with fraudulent practices, promote accountability among stakeholders. By establishing synergistic relationship between fintech ecological responsibility, this research provides novel approach contributes both academic discourse practical applications finance. The showcases originality integrating finance, setting precedent future interdisciplinary field. findings reveal efficiency reducing transactional delays mitigates related fraud. Moreover, study highlights model cultivate robust stakeholders, ultimately guiding investment toward initiatives bolstering integrity practices.

Language: Английский

Citations

1

Optimal Prosumer Operation with Consideration for Bounded Rationality in Peer-to-Peer Energy Trading Systems DOI Creative Commons
Jianhong Hao, Ting Huang, Yi Sun‡

et al.

Energies, Journal Year: 2024, Volume and Issue: 17(7), P. 1724 - 1724

Published: April 3, 2024

With the large-scale development of distributed energy on demand side, trend “supply exceeding demand” has gradually become prominent, and regional peer-to-peer (P2P) trading an important measure to improve local consumption energy. However, most existing studies usually assume that prosumers behave entirely rationally with goal maximum benefit, which been proved deviate from observed actual behaviors. Aiming at optimal participating in P2P market, a prospect theory-based two-stage stochastic optimization model considering bounded rationality was proposed accurately simulate decision-making behavior. Then, benefit maximization for service provider (ETSP) constructed power flow constraint ensure safe operation system. Finally, improved R-ADMM algorithm timeout solve above convergence speed. The effectiveness verified via simulation.

Language: Английский

Citations

4

P2P Energy Trading of EVs Using Blockchain Technology in Centralized and Decentralized Networks: A Review DOI Creative Commons
Sara Khan,

Uzma Amin,

Ahmed Abu‐Siada

et al.

Energies, Journal Year: 2024, Volume and Issue: 17(9), P. 2135 - 2135

Published: April 30, 2024

Peer-to-peer (P2P) energy trading has attracted a lot of attention and the number electric vehicles (EVs) increased in past couple years. Toward sustainable mobility, EVs meet standard development goals (SDGs) for attaining future transport sector. This increasing creates an opportunity prosumers to trade electricity. Considering this opportunity, review article aims provide in-depth analysis P2P using blockchain centralized decentralized networks, which enables exchange directly with one another. The paper is aimed reader state-of-the-art on EVs, considering different algorithms that are practically implemented or still research phase. Moreover, presents applications, current trends, challenges EVs’ trading. can be successfully real-time scenarios economically benefits smart societies.

Language: Английский

Citations

4

Blockchain-Enhanced Demand-Side Management for Improved Energy Efficiency and Decentralized Control DOI Open Access
Ameni Boumaiza

Sustainability, Journal Year: 2025, Volume and Issue: 17(3), P. 1228 - 1228

Published: Feb. 3, 2025

Blockchain technology introduces significant advancements in demand-side management (DSM) by enabling decentralized, transparent, and secure data handling within energy systems. This study explores a blockchain-based approach aimed at improving electricity efficiency through enhanced DSM strategies. We present comprehensive framework that integrates blockchain with real-time analytics to optimize consumption, stimulate consumer participation, support efficient utilization. The experimental analysis demonstrates integration significantly strengthens operations reducing operational costs, increasing participation demand response programs, enhancing grid stability. findings highlight the effectiveness potential of proposed as forward-looking solution for

Language: Английский

Citations

0

P2P Energy Exchange Architecture for Swarm Electrification-Driven PV Communities DOI Open Access
Khaled Taouil,

Rahma Aloulou,

Salma Bradai

et al.

Published: May 27, 2024

Swarm electrification-driven communities face significant challenges, including implementing advanced distributed control in areas with limited ICT access and establishing trust among villagers hesitant to grant their assets. This paper proposes a DC microgrid architecture for P2P energy exchange these communities, ensuring stability effective operation. By Blockchain marketplace specifically designed suit the rural context, proposed ensures tracing of transactions fairly settle participants. Validation experiments demonstrate its efficacy achieving peak shaving. It provides 11% requester's total demand from community even while maintaining constraint reducing discharge-charge cycles one per day, thereby preserving battery life. Additionally, solution reduces prosumer production losses by 16% PV production.

Language: Английский

Citations

2