@inproceedings{baa7265e6fa049a7b84bd876e9eab723,
title = "Blockchain Technology in Smart Grids and Microgrids: A Critical Review of Challenges and Opportunities",
abstract = "Our Electricity or energy market was designed a long time ago. The regulation that applies to it today that disciples the innovation were put in place about a 100 years ago has been lobbied to keep in place. Since then, there have been massive inefficiencies in the entire ecosystem and infrastructure, and the control and distribution of energy today are quite antiquated. Much regulation prevents new companies from implementing a new system, so it becomes necessary to work with the incumbents to integrate this system. Therefore, this paper aims to frame today's situation of the energy markets{\textquoteright} state. Also, to find the opportunity for a new energy paradigm. We point out how the current public blockchain infrastructure is generally incompatible with today's energy infrastructure. Furthermore, it also enlightens the new infrastructures that will enable the transition and examples of applications in the energy infrastructure.",
keywords = "Blockchain, Demand side management, Microgrid, Renewable energy resources, Smart grids",
author = "Avinash Pareek and Prashant Singh and Lather, \{J. S.\}",
note = "Publisher Copyright: {\textcopyright} 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.; International Conference on Smart Grid Energy Systems and Control, SGESC 2021 ; Conference date: 19-03-2021 Through 21-03-2021",
year = "2022",
doi = "10.1007/978-981-16-7393-1\_30",
language = "English",
isbn = "978-981-16-7392-4",
series = "Lecture Notes in Electrical Engineering",
publisher = "Springer",
pages = "353--363",
editor = "Gupta, \{Atma Ram\} and Roy, \{Nirmal Kumar\} and Parida, \{Sanjoy Kumar\}",
booktitle = "Power Electronics and High Voltage in Smart Grid, Select Proceedings of SGESC 2021",
address = "Germany",
}
