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Blockchain Technology for Smart Grids - Implementation, management and security (Hardcover)
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Blockchain Technology for Smart Grids - Implementation, management and security (Hardcover)
Series: Energy Engineering
Expected to ship within 10 - 15 working days
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Smart grids with distributed clean energy generation, storage and
prosumers are the future of energy systems. They need two-way
digital communication between multiple customers and suppliers of
energy, to produce, buy and sell electricity to the grid at small
scales. These arrangements need a system that maintains, checks,
and registers information about transactions. Blockchain technology
is able to handle these requirements with smart contracts,
peer-to-peer energy trading and immutable transactions. A
blockchain is a digital ledger of transactions that can be accessed
across the entire network of computer systems. Combined with
sensors to track energy flows, blockchain can enable the smart
grid. After an introduction to blockchain, chapters cover
integration with IoT, IoT- and blockchain-enabled smart grids, use
of sensors, security and privacy, use of machine and deep learning,
energy storage and transaction, as well as use of cryptocurrencies
for transactions. Written by an international team with the
necessary multi-disciplinarity, this work for researchers in power
systems as well as economists with related interests covers the use
of blockchain technology for smart grids.
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