Energy management with blockchain technology in DC microgrids

The energy management is one of the key parameter in the Demand Side Management and is convinced application in an Industry 4.0 platform. To control the peak load demands and to improve the Demand Side Management objectives like power sharing technologies, electricity tariff, scheduling, incentives and policies, the Blockchain Technologies are to be enabled. In addition, the Blockchain Technology also helps to enable the decentralization in terms of energy consumption to various consumers, power estimation requirements and provides greater security in trading the electrical energy. In this paper, the concept of Blockchain Technology for the DC microgrid is defined, also, the power sharing between the energy storage elements and the electrical loads through Bi-Directional converters with Fuzzy Logic Controller are proposed. The proposed system is simulated with MATLAB Simulink software and various waveforms are shown. (c) 2021 Elsevier Ltd. All rights reserved. Selection and peer-review under responsibility of the scientific committee of the International Conference on Materials and System Engineering.