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    ARTICLE

    Energy Blockchain in Smart Communities: Towards Affordable Clean Energy Supply for the Built Environment

    Mingguan Zhao1,4, Lida Liao2,*, Penglong Liang1, Meng Li1, Xinsheng Dong1, Yang Yang1, Hongxia Wang1, Zhenhao Zhang3

    Energy Engineering, Vol.121, No.8, pp. 2313-2330, 2024, DOI:10.32604/ee.2024.048261 - 19 July 2024

    Abstract The rapid growth of distributed renewable energy penetration is promoting the evolution of the energy system toward decentralization and decentralized and digitized smart grids. This study was based on energy blockchain, and developed a dual-biding mechanism based on the real-time energy surplus and demand in the local smart grid, which is expected to enable reliable, affordable, and clean energy supply in smart communities. In the proposed system, economic benefits could be achieved by replacing fossil-fuel-based electricity with the high penetration of affordable solar PV electricity. The reduction of energy surplus realized by distributed energy production More >

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