Toward blockchain technology in the energy environment
accountability; detection method; electricity generation; electricity industry; energy management; energy storage
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MDPI AG
2023
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my.uniten.dspace-260462023-05-29T17:06:19Z Toward blockchain technology in the energy environment Baashar Y. Alkawsi G. Alkahtani A.A. Hashim W. Razali R.A. Tiong S.K. 56768090200 57191982354 55646765500 11440260100 35146685400 15128307800 accountability; detection method; electricity generation; electricity industry; energy management; energy storage Energy management and exchange have increasingly shifted from concentrated to hierarchical modes. Numerous issues have arisen in the decentralized energy sector, including the storage of customer data and the need to ensure data integrity, fairness, and accountability in the transaction phase. The problem is that in the field of the innovative technology of blockchain and its applications, with the energy sector still in the developmental stages, there is still a need for more research to understand the full capacity of the technology in the field. The main aim of this work was to investigate the state of the current research of blockchain technologies as well as their application within the field of energy. This work also set out to identify certain research gaps and provide a set of recommendations for future directions. Among these research gaps is the application of blockchain in decentralized storage, the integration of blockchain with artificial intelligence, and security and privacy concerns, which have not received much attention despite their importance. An analysis of fifty-seven carefully reviewed studies revealed that the emerging blockchain which provides privacy-protection technologies in cryptography and other areas that can be integrated to address users� privacy concerns is another aspect that needs further investigation. Grid operations, economies, and customers will all learn from blockchain technology as it provides disintermediation, confidentiality, and tamper-proof transfers. Moreover, it provides innovative ways for customers and small solar generators to participate more actively in the electricity sector and to benefit from their properties. Blockchains are a rapidly evolving field of research and growth. A study of this emerging technology is necessary to increase comprehension, to educate the body of expertise on blockchains, and to realize its potential. This study recommends that future work investigates the potential application of blockchain in the energy sector as well as the challenges that face its implementation from the perspective of policy makers. This future approach will enable researchers to direct their focus to the case studies approach, which will facilitate and ease the application of blockchain technology. � 2021 by the authors. Licensee MDPI, Basel, Switzerland. Final 2023-05-29T09:06:19Z 2023-05-29T09:06:19Z 2021 Review 10.3390/su13169008 2-s2.0-85113158705 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85113158705&doi=10.3390%2fsu13169008&partnerID=40&md5=55320db74d847bbb39d18127e50edf20 https://irepository.uniten.edu.my/handle/123456789/26046 13 16 9008 All Open Access, Gold MDPI AG Scopus |
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Asia |
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Malaysia |
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Universiti Tenaga Nasional |
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| description |
accountability; detection method; electricity generation; electricity industry; energy management; energy storage |
| author2 |
56768090200 |
| author_facet |
56768090200 Baashar Y. Alkawsi G. Alkahtani A.A. Hashim W. Razali R.A. Tiong S.K. |
| format |
Review |
| author |
Baashar Y. Alkawsi G. Alkahtani A.A. Hashim W. Razali R.A. Tiong S.K. |
| spellingShingle |
Baashar Y. Alkawsi G. Alkahtani A.A. Hashim W. Razali R.A. Tiong S.K. Toward blockchain technology in the energy environment |
| author_sort |
Baashar Y. |
| title |
Toward blockchain technology in the energy environment |
| title_short |
Toward blockchain technology in the energy environment |
| title_full |
Toward blockchain technology in the energy environment |
| title_fullStr |
Toward blockchain technology in the energy environment |
| title_full_unstemmed |
Toward blockchain technology in the energy environment |
| title_sort |
toward blockchain technology in the energy environment |
| publisher |
MDPI AG |
| publishDate |
2023 |
| _version_ |
1806424420745478144 |
| score |
13.211869 |