The DOI matches its Crossref record; 117 of the 117 references it cites were found in a registry or an index.
Microgrid Transactive Energy: Review, Architectures, Distributed Ledger Technologies, and Market Analysis
Open accessAbstract
Prosumer concept and digitilization offer the exciting potential of microgrid transactive energy systems at distribution level for reducing transmission losses, decreasing electric infrastructure expenditure, improving reliability, enhancing local energy use, and minimizing customers' electricity bills. Distributed energy resources, demand response, distributed ledger technologies, and local energy markets are integral parts of transaction energy system for emergence of decentralized smart grid system. Hence, this paper discusses transactive energy concept and proposes seven functional layers architecture for designing transactive energy system. The proposed architecture is compared with practical case study of Brooklyn microgrid. Moreover, this paper reviews the existing architectures and explains the widely known distributed ledger technologies (blockchain, directed acyclic graph, hashgraph, holochain, and tempo) alongwith their advantages and challenges. The local energy market concept is presented and critically analyzed for energy trade within a transactive energy system. This paper also reviews the potential and challenges of peer-to-peer and community-based energy markets. Proposed architecture and analytical review of distributed ledger technologies and local energy markets pave the way for advanced research and industrialization of transactive energy systems.
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Cites
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Cited by
Tushar, W., Yuen, C., Saha, T. K., Morstyn, T., Chapman, A. C., Alam, M. J. E., Hanif, S., & Poor, H. V. (2021) · Applied Energy · doi:10.1016/j.apenergy.2020.116131 · Cited by 523
Energy Management System in Microgrids: A Comprehensive Review
Zahraoui, Y., Alhamrouni, I., Mekhilef, S., Basir Khan, M. R., Seyedmahmoudian, M., Stojcevski, A., & Horan, B. (2021) · Sustainability · doi:10.3390/su131910492 · Cited by 191
Blockchain Applications and Challenges in Smart grid
Younes, Z., Alhamrouni, I., Mekhilef, S., & Khan, M. R. B. (2021) · 2021 IEEE Conference on Energy Conversion (CENCON) · doi:10.1109/cencon51869.2021.9627297 · Cited by 28
Blockchain-Based Energy Applications: The DSO Perspective
Yagmur, A., Dedeturk, B. A., Soran, A., Jung, J., & Onen, A. (2021) · IEEE Access · doi:10.1109/access.2021.3122987 · Cited by 24
Saleh, O. A., & Cevik, M. (2025) · Sensors · doi:10.3390/s25216622 · Cited by 18
Metadata
- Authors
- Zia, M. F., Benbouzid, M., Elbouchikhi, E., Muyeen, S. M., Techato, K., & Guerrero, J. M.
- Venue
- IEEE Access
- Published
- 2020
- Volume
- 8
- Pages
- 19410-19432
- ISSN
- 2169-3536 (ISSN-L)
- OpenAlex
- W3001576933
- Cited by
- 355
- References
- 117
- FWCI
- 20.59
- Type
- journal article
- Language
- en
- Open access
- gold
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- Zia, M. F., Benbouzid, M., Elbouchikhi, E., Muyeen, S. M., Techato, K., & Guerrero, J. M. (2020). Microgrid Transactive Energy: Review, Architectures, Distributed Ledger Technologies, and Market Analysis. IEEE Access. https://doi.org/10.1109/access.2020.2968402
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
