Zoom link: https://uio.zoom.us/j/67438761292
Speaker: Daniel Gerbi from IFI, UiO.
Abstract:
The modern power system is undergoing a significant transformation from a centralized model to a decentralized one due to the increasing penetration of distributed energy resources (such as solar panels and battery storage systems) and the integration of advanced information and communication technologies (such as peer-to-peer network and blockchain technology). Transactive energy systems play an important role in this shift by enabling the dynamic and decentralized exchange of energy among various parties without relying heavily on a centralized utility.
Blockchain is an integral component of transactive energy systems due to its distinctive features such as decentralization, transparency-driven trust, tamper-resistance, fault tolerance, auditability, and smart contracts. Blockchain finds application in various areas of transactive energy, including advanced metering infrastructures, EV and charging unit management, microgrids, energy cyber-physical systems, and decentralized energy trading and markets.
In blockchain-based transactive energy systems, there exists a substantial volume of critical information, including energy production and consumption, payment records and electricity usage, which are frequently shared among various entities. Adversaries accessing such information could lead to various breaches including identity and energy theft, denial-of-service attacks, and targeted home invasions. Accordingly, it is essential to establish privacy preservation mechanisms that safeguard both identity privacy (protection of personal identities of the participants involved) and data privacy (ensuring the confidentiality of exchanged data).
Briefly touching upon transactive energy and the applicability of blockchain and smart contracts in decentralized energy systems, this presentation predominantly centers on a preliminary research output concerning privacy requirements within transactive energy systems. The result combines insights from 75 research papers covering diverse aspects of transactive energy.