Blockchain-based decentralized energy management platform for residential distributed energy resources in a virtual power plant
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In the energy sector, smart grids equipped with IoT sensors and smart contracts can facilitate automated energy trading based on real-time energy consumption data, enabling peer-to-peer transactions and optimized resource utilization.
“Similarly, in the energy sector, smart grids equipped with IoT sensors and smart contracts can facilitate automated energy trading based on real-time energy consumption data, enabling peer-to-peer transactions and optimized resource utilization [19].”
From IoT and Blockchain for Support for Smart Contracts Through TpM (2025) · cites this paper as [19]
Section 4.3 (p. 11) describes smart meters submitting energy-trading decisions to a smart contract, which automatically computes variables used to reach an optimal energy schedule. Section 5.2.4 (p. 13) describes peer-to-peer trading that lets users benefit from differing generation and load profiles. The paper does not establish the claimed use of IoT sensors or real-time consumption data as the basis for those transactions. (LLM, conf=0.87)
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- Authors
- Yang, Q., Wang, H., Wang, T., Zhang, S., Wu, X., & Wang, H.
- Affiliations
- Shenzhen University (CN)
- Corresponding author
- Wang, Hao
- Venue
- Applied Energy
- Publisher
- Elsevier BV
- Published
- 2021-07
- Volume
- 294
- Pages
- 117026
- ISSN
- 0306-2619 (ISSN-L)
- OpenAlex
- W3158601778
- Cited by
- 238
- References
- 44
- Citations by year
- 2026: 25 · 2025: 59 · 2024: 65 · 2023: 47 · 2022: 32 · 2021: 10
- FWCI
- 11.32
- Type
- journal article
- Language
- en
- Open access
- green
- arxiv.org
- Licence
- Locations
- Applied Energy (publishedVersion)
- arXiv (Cornell University) (submittedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- arXiv (Cornell University) (cc-by)
- Funders
- National Natural Science Foundation of China
- Topics
- Physical Sciences › Engineering › Electrical and Electronic Engineering › Smart Grid Energy Management
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
- Physical Sciences › Engineering › Control and Systems Engineering › Microgrid Control and Optimization
- Keywords
- blockchain, virtual power plants, distributed energy resources, residential energy management, distributed optimization, energy trade, demand response, energy storage, electric vehicles, renewable energy, energy scheduling, network services, privacy preservation, decentralized power systems
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