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| DOI | 10.1016/j.energy.2023.130110 |
| Blockchain-enabled renewable energy certificate trading: A secure and privacy-preserving approach | |
| Liu, Wei-Jen; Chiu, Wei -Yu; Hua, Weiqi | |
| 发表日期 | 2024 |
| ISSN | 0360-5442 |
| EISSN | 1873-6785 |
| 起始页码 | 290 |
| 卷号 | 290 |
| 英文摘要 | In the 21st century, transitioning to renewable energy sources is imperative, with fossil fuel reserves depleting rapidly and recognizing critical environmental issues such as climate change, air pollution, water pollution, and habitat destruction. Embracing renewable energy is not only an environmental necessity but also a strategic move with multiple benefits. By shifting to renewable energy sources and supporting their production through the acquisition of renewable energy certificates, we foster innovation and drive economic growth in the renewable energy sector. This, in turn, reduces greenhouse gas emissions, aligning with global efforts to mitigate climate change. Additionally, renewable energy certificates ensure compliance with regulations that mandate the use of renewable energy, enhancing legal adherence while promoting transparency and trust in energy sourcing. To monitor the uptake of renewable energy, governments have implemented Renewable Energy Certificates (RECs) as a tracking mechanism for the production and consumption of renewable energy. They certify the generation of a specific amount of electricity from renewable sources, allowing for accurate tracking of renewable energy contributions to the overall energy mix. However, there are two main challenges to the existing REC schema: (1) The RECs have not been globally adopted due to inconsistent design; (2) The consumer privacy has not been well incorporated in the design of blockchain. In this study, we investigate the trading of RECs between suppliers and consumers using the directed acyclic graph (DAG) blockchain system and introduce a trading schema to help protect consumer information. The DAG system reduces the intense calculation of typical blockchains for scalability and lowers mining fees by eliminating the mining of blocks. The proposed approach allows renewable energy suppliers and consumers to trade RECs globally and to take advantage of secure trading transactions. Our results demonstrate lower transaction time by 41% and energy consumption by 65% compared to proof -of -stake. |
| 英文关键词 | Blockchain; Directed acyclic graphs; Energy trading; Privacy-preserving; Renewable energy certificates; Renewable energy; Security |
| 语种 | 英语 |
| WOS研究方向 | Thermodynamics ; Energy & Fuels |
| WOS类目 | Thermodynamics ; Energy & Fuels |
| WOS记录号 | WOS:001151876000001 |
| 来源期刊 | ENERGY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/290461 |
| 作者单位 | National Tsing Hua University; University of Birmingham |
| 推荐引用方式 GB/T 7714 | Liu, Wei-Jen,Chiu, Wei -Yu,Hua, Weiqi. Blockchain-enabled renewable energy certificate trading: A secure and privacy-preserving approach[J],2024,290. |
| APA | Liu, Wei-Jen,Chiu, Wei -Yu,&Hua, Weiqi.(2024).Blockchain-enabled renewable energy certificate trading: A secure and privacy-preserving approach.ENERGY,290. |
| MLA | Liu, Wei-Jen,et al."Blockchain-enabled renewable energy certificate trading: A secure and privacy-preserving approach".ENERGY 290(2024). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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