scholarly journals Blockchain Technology: Energy Efficiency and Ethical Compliance

2021 ◽  
Vol 4 (2) ◽  
pp. 88-95
Author(s):  
Yudi Fernando ◽  
Rubakanthan Saravannan

Blockchain technology has the ability to disrupt almost every industry due to its ability to create a decentralized tamper-proof ledger network and carry out transactions without the need of a trusted third party intermediary. One of the major drawback of blockchain technology is the energy consumption surrounding its application. The problem has been discussed extensively, with proposals focusing on strengthening its consensus protocol and also integrating renewable energy sources to minimize its carbon footprint. To boost adaptability of blockchain in all sectors, the technology itself needs to look for less energy-intensive alternatives to boost its ethical and industrial compliance. As the energy sector is currently undergoing a revamp from its age-long one-way power network towards a decentralized grid system with distributed generation and storage. Adoption of blockchain technology must work hand in hand with the energy industry in order to make itself energy efficient and competitive in the long term.

2021 ◽  
Vol 9 ◽  
Author(s):  
Ketshephaone Keisang ◽  
Tobias Bader ◽  
Ravi Samikannu

Global concerns and growth in electricity demand, especially for rural and remote settlements, has forced governments, scientists, engineers, and researchers to look for alternative solutions in the form of renewable energy sources. High global growth in solar energy technology applications has added more weight in operations and maintenance (O&M) of solar-photovoltaic (SPV) systems. SPV reliability and optimized system performance are key to ensuring success and continual adaptation of SPV technology. O&M plays a central role in ensuring sustainability and long-term availability throughout the operational lifetime of the elements of SPV systems whilst boosting confidence of ultimate consumers in solar energy. While appreciating that SPV installations intrinsically require minimal maintenance actions, the objective of this manuscript is hence to reaffirm the significance of O&M scheduling in SPV systems by reviewing the O&M approaches in SPV microgrid systems. Further discussions focus on the various maintenance strategies employed in the field with special emphasis on corrective, preventive, and predictive maintenance strategies. Because of the variation in the design and development procedures of SPV systems, there is lack of clear steps followed in the development of an O&M program for SPV systems and the evaluation of its performance. This manuscript serves to address this through a model for developing an O&M program and portrays the key elements for its success, including a management and execution approach for improved risk-return balance and savings from the O&M expenditure. Eventually, the three models of executing an O&M program (i.e., in-house O&M team, third party contract, or installation company) are analyzed.


2019 ◽  
Vol 11 (14) ◽  
pp. 3839 ◽  
Author(s):  
Makbul A.M. Ramli ◽  
H.R.E.H. Bouchekara ◽  
Abdulsalam S. Alghamdi

Substituting a single large power grid into various manageable microgrids is the emerging form for maintaining power systems. A microgrid is usually comprised of small units of renewable energy sources, battery storage, combined heat and power (CHP) plants and most importantly, an energy management system (EMS). An EMS is responsible for the core functioning of a microgrid, which includes establishing continuous and reliable communication among all distributed generation (DG) units and ensuring well-coordinated activities. This research focuses on improving the performance of EMS. The problem at hand is the optimal scheduling of the generation units and battery storage in a microgrid. Therefore, EMS should ensure that the power is shared among different sources following an imposed scenario to meet the load requirements, while the operational costs of the microgrid are kept as low as possible. This problem is formulated as an optimization problem. To solve this problem, this research proposes an enhanced version of the most valuable player algorithm (MVPA) which is a new metaheuristic optimization algorithm, inspired by actual sporting events. The obtained results are compared with numerous well-known optimization algorithms to validate the efficiency of the proposed EMS.


Author(s):  
Erginbay Uğurlu ◽  
Yusuf Muratoğlu

Two of the important topics concerning scientists and governments are blockchain and climate change. After the paper of Satoshi Nakamoto, blockchains became a global phenomenon. After its usage for cryptocurrencies, blockchain is starting to be used for digital protocols and smart contracts. Blockchain technology is used in many sectors, such as banking, finance, car leasing, entertainment, energy, etc. Climate change leads to global warming, which means the long-term warming of the planet. Therefore, governments have made an effort to decrease global warming or keep it stable. One of the mitigation ways of global warming is to use renewable energy. Solar energy is one of the most used types of renewable energy sources, and also blockchain technology is widely used in this sector. In this chapter, the authors investigate the use of blockchain technology in the solar energy sector.


Author(s):  
Erginbay Uğurlu ◽  
Yusuf Muratoğlu

Two of the important topics concerning scientists and governments are blockchain and climate change. After the paper of Satoshi Nakamoto, blockchains became a global phenomenon. After its usage for cryptocurrencies, blockchain is starting to be used for digital protocols and smart contracts. Blockchain technology is used in many sectors, such as banking, finance, car leasing, entertainment, energy, etc. Climate change leads to global warming, which means the long-term warming of the planet. Therefore, governments have made an effort to decrease global warming or keep it stable. One of the mitigation ways of global warming is to use renewable energy. Solar energy is one of the most used types of renewable energy sources, and also blockchain technology is widely used in this sector. In this chapter, the authors investigate the use of blockchain technology in the solar energy sector.


2019 ◽  
Vol 5 (1) ◽  
pp. 15-22
Author(s):  
Ardian Thresnantia Atmaja

The key objectives of this paper is to propose a design implementation of blockchain based on smart contract which have potential to change international mobile roaming business model by eliminating third-party data clearing house (DCH). The analysis method used comparative analysis between current situation and target architecture of international mobile roaming business that commonly used by TOGAF Architecture Development Method. The purposed design of implementation has validated the business value by using Total Cost of Ownership (TCO) calculation. This paper applies the TOGAF approach in order to address architecture gap to evaluate by the enhancement capability that required from these three fundamental aspect which are Business, Technology and Information. With the blockchain smart contract solution able to eliminate the intermediaries Data Clearing House system, which impacted to the business model of international mobile roaming with no more intermediaries fee for call data record (CDR) processing and open up for online billing and settlement among parties. In conclusion the business value of blockchain implementation in the international mobile roaming has been measured using TCO comparison between current situation and target architecture that impacted cost reduction of operational platform is 19%. With this information and understanding the blockchain technology has significant benefit in the international mobile roaming business.


2020 ◽  
Vol 1 (2) ◽  
pp. 189-193
Author(s):  
Aisha Naiga ◽  
Loyola Rwabose Karobwa

Over 90% of Uganda's power is generated from renewable sources. Standardised Implementation Agreements and Power Purchase Agreements create a long-term relationship between Generating Companies and the state-owned off-taker guaranteed by Government. The COVID-19 pandemic and measures to curb the spread of the virus have triggered the scrutiny and application of force majeure (FM) clauses in these agreements. This article reviews the FM clauses and considers their relevance. The authors submit that FM clauses are a useful commercial tool for achieving energy justice by ensuring the continuity of the project, despite the dire effects of the pandemic. Proposals are made for practical considerations for a post-COVID-19 future which provides the continued pursuit of policy goals of promoting renewable energy sources and increasing access to clean energy, thus accelerating just energy transitions.


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