Blockchain-Driven Architecture for Decentralized Energy Transactions in Smart Grids
- Title
- Blockchain-Driven Architecture for Decentralized Energy Transactions in Smart Grids
- Creator
- Ksheersagar, Shripad Kamlakar; Pandian, P. Pal; Deshmukh, Monali; Chutke, Sravanthi; Bombatkar, Ankita Nivrutti; Ali, M. Imadad
- Description
- The versatility of blockchain technology enables its capabilities to protect decentralized energy trading and transform modern smart grids by removing all dependencies on centralized utility operators and eliminating vulnerabilities that stem from data tampering, pricing manipulation, and single-point failures. The purpose of this paper is to present a fully virtualized and software-implemented architecture of a blockchain that incorporates a lightweight Proof-of-Authority (PoA) consensus model, dynamic pricing smart contract(s), and a multi-layer energy ledger, tailored specifically for seamless peer-to-peer energy trading. The proposed energy trading model is built using an entirely virtualized architecture and is validated through simulation, as opposed to previously proposed models that are based on expensive consensus mechanisms and require hardware-assisted metering. The proposed model delivers significant improvements (37.4% reduction in transaction latency, 52.8% improved throughput, and 41.6% lower computational overhead) when compared to traditional Proof-of-Work and DAG-based models. The smart contract engine ensures energy-pricing fluctuations remain stable, and the system as a whole achieves 95.2% transaction validity, all while preserving ledger immutability, user anonymity, and high scale performance. The results achieved from this innovative software-defined architecture ensure its decentralized smart-grid deployments and high scalability exceed market expectations. 2026 IEEE.
- Source
- Proceedings of 4th International Conference on Electronics and Renewable Systems, ICEARS 2026;pp.914-919
- Date
- 01-01-2026
- Publisher
- Institute of Electrical and Electronics Engineers Inc.
- Subject
- Blockchain; Decentralized Energy Trading; Distributed Ledger; Energy Transactions; Peer-to-Peer Power Exchange; Proof-of-Authority; Security; Smart Contracts; Smart Grid
- Coverage
- Ksheersagar S.K., Kavikulguru Institute of Technology & Science (KITS), Ramtek, India; Pandian P.P., Christ University, Mechanical & Automobile Engineering, Bangalore, India; Deshmukh M., International Institute of Information Technology, Pune, India; Chutke S., Anurag University, ECE, School of Engineering, Hyderabad, India; Bombatkar A.N., Dr. D Y Patil Institute of Technology, Electronics & Telecommunications Engineering, Pune, India; Ali M.I., Santhiram Engineering College, Cse (AIML), Nandyal, India
- Rights
- Restricted Access; Hardcopy may be available in the library
- Relation
- ISBN: 979-833154881-0;
- Format
- online
- Language
- English
- Type
- Conference paper
Collection
Citation
Ksheersagar, Shripad Kamlakar; Pandian, P. Pal; Deshmukh, Monali; Chutke, Sravanthi; Bombatkar, Ankita Nivrutti; Ali, M. Imadad, “Blockchain-Driven Architecture for Decentralized Energy Transactions in Smart Grids,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 18, 2026, https://archives.christuniversity.in/items/show/25979.
