| Name | Support | Language | Availability | Edition date | Price | ||
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PDF |
English |
Active |
5/17/2024 |
€103.00 |
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Details
New IEEE Standard - Active - Draft.
Blockchain / Distributed Ledger Technology, referred to as Blockchain/DLT, is a proven technology in industry and, though newer to applications in the energy industry, is well-positioned to become a critical component of this evolving electrical system. Blockchain/DLT can provide transparency and traceability within energy markets and distributed system operations, reduce error and processing inefficiencies between the multiple parties engaged in interconnected grid management, and offer a path to automation of the grid through the use of smart contracts. This guide provides an open, common, and interoperable reference framework model for distributed ledger technology (DLT) such as blockchain in the energy sector. This Guide also serves as a guideline for Blockchain DLT use cases in the electrical power industry, creating a guide for a reference architecture framework, including interoperability, terminology, functionality, and system interfaces for blockchain DLT applications in the energy sector.
This guide provides an open, common, and interoperable reference framework model for distributed ledger technology (DLT), such as blockchain in the energy sector. It also covers three aspects: 1) Serve as a guideline for Blockchain DLT use cases in Electrical Power industry, energy value industry chain, covering the Renewable energy industry and their renewable related sources services of generation. 2) Create guide on reference architecture framework, including interoperability, terminology, functionality, and system interfaces for blockchain DLT applications in the energy sector by building an open protocol and technology agnostic layered framework. 3) Evaluate and provide guidelines on scalability, performance, security, and interoperability through evaluation of consensus algorithm, smart contracts, and type of blockchain DLT implementation, etc. for the Energy sector.
This guide develops definitions, protocol, interface, reference and interoperability models, communication, and validation through use cases on Blockchain DLT implementation in the Energy industry.
Additional Info
| Author | Institute of Electrical and Electronics Engineers (IEEE) |
|---|---|
| Committee | Smart Buildings, Loads and Customer Systems |
| Published by | IEEE |
| Document type | Draft standard |
| EAN ISBN | 979-8-8557-0820-2 |
| Number of pages | 98 |
| Keyword | IEEE P2418.5 |
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