An Introduction to Blockchain-based Concepts for Demand Response Considering of Electric Vehicles and Renewable Energies

Future of power systems and smart grids will host modern generation and consumption units, e.g., Renewable Energies (REs) and Electric Vehicles (EVs) more rather than traditional ones. Therefore, adopting a method for managing such users in electricity markets with the implementation of Demand Response (DR) programs is required and essential. In this paper, the “Blockchain-based concepts for demand response programs by efficient use of electric vehicles and renewable energies in the electricity markets” are introduced. This process can be accomplished with the utilization of different features of blockchain technology like smart contracts. Implementation of smart contracts in demand response programs could enhance the efficiency of these programs and reduce their operational cost and also improve the privacy of demand response communication. Moreover, integrating electric vehicles and renewable energies in local electricity markets could lead to reducing the cost of operation.