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Title: Blockchain-based smart contract for energy demand management
Authors: Wang, X. 
Yang, W.
Noor, S.
Chen, C.
Guo, M.
Van Dam, K.H.
Keywords: Blockchain
Distributed energy systems
Game theory
Smart contract
Issue Date: 2019
Publisher: Elsevier Ltd
Citation: Wang, X., Yang, W., Noor, S., Chen, C., Guo, M., Van Dam, K.H. (2019). Blockchain-based smart contract for energy demand management. Energy Procedia 158 : 2719-2724. ScholarBank@NUS Repository.
Rights: Attribution-NonCommercial-NoDerivatives 4.0 International
Abstract: This paper studies the design and management of distributed energy systems incorporating residential, commercial and industrial users. A hierarchical framework is first proposed for the energy demand side management through peer-to-peer exchange of information and energy in the real-time market. Smart contracts guaranteed by blockchain technologies are implemented to create a seamless and efficient trading system. The benefits of distributed energy management are presented such as economic savings, reduction of peak load and increased market efficiency facilitated by blockchain. © 2019 The Authors. Published by Elsevier Ltd.This is an open access article under the CC BY-NC-ND license ( under responsibility of the scientific committee of ICAE2018 The 10th International Conference on Applied Energy.
Source Title: Energy Procedia
ISSN: 1876-6102
DOI: 10.1016/j.egypro.2019.02.028
Rights: Attribution-NonCommercial-NoDerivatives 4.0 International
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