Academic Journal of Energy, 2022, 3(1); doi: 10.38007/RE.2022.030105.
Zhaoyang Wu
Qinghai Normal University, Qinghai, China
With the continuous progress of science and technology, mobile electronic technology has spread all over the public's vision. Countries around the world are promoting the liberalization of the energy field. First, the demand for energy in industrial production and social life is increasing day by day. Second, the goal of carbon peak and carbon neutralization has become a consensus. Distributed renewable energy sources are developing rapidly. This paper first introduces the related technical concepts of blockchain, then simulates and analyzes the algorithm of blockchain technology in resource allocation, and finally concludes in the experimental analysis that the application of blockchain algorithm technology in resource allocation can greatly reduce energy consumption.
Resource Allocation, Blockchain, Energy Consumption, Edge Computing
Zhaoyang Wu. Energy Consumption based on Resource Allocation under Blockchain. Academic Journal of Energy (2022), Vol. 3, Issue 1: 40-48. https://doi.org/10.38007/RE.2022.030105.
[1] Kostmann M , Sciubba E . Forecasting in Blockchain-Based Local Energy Markets. IRTG 1792 Discussion Papers, 2019(3):1-3.
[2] Hukkinen T . Reducing blockchain transaction costs in a distributed energy market application. 2018(4):16-18.
[3] Waal M , Carolina D , Moses M , et al. Blockchain-facilitated sharing to advance outbreak R&D. Science (New York, N.Y.), 2020,368(6492):719-721. https://doi.org/10.1126/science.aba1355
[4] Timothy M , Serge U . Method Of Matching Renewable Energy Production To End-User Consumption Via Blockchain Systems:, EP3459038A1. 2019(13):56-58.
[5] Ysx A , Yl A , Xqc A , et al. Research on the transaction mode and mechanism of grid-side shared energy storage market based on blockchain - ScienceDirect.2022(4):109-111.
[6] Brousmiche K , Menegazzi P , Boudeville O , et al. Peer-to-Peer Energy Market Place Powered by Blockchain and Vehicle-to-Grid Technology// 2020 2nd Conference on Blockchain Research & Applications for Innovative Networks and Services (BRAINS). 2020(3):369-370.
[7] Sedlmeir J , Buhl H U , Fridgen G , et al. Recent Developments in Blockchain Technology and their Impact on Energy Consumption. 2021(4):4-7.
[8] Zhang Y , Shi Q . An intelligent transaction model for energy blockchain based on diversity of subjects. AEJ - Alexandria Engineering Journal, 2020, 60(1):6-9. https://doi.org/10.1016/j.aej.2020.10.005
[9] Mihaylov M . NRGcoin—A Blockchain-based Reward Mechanism for Both Production and Consumption of Renewable Energy. 2018(3):111-131.
[10] Imbault F , Swiatek M , Beaufort R D , et al. The green blockchain: Managing decentralized energy production and consumption// 2017 IEEE International Conference on Environment and Electrical Engineering and 2017 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe). IEEE, 2017(31):1-3. https://doi.org/10.1109/EEEIC.2017.7977613
[11] Nair R , Gupta S , Soni M , et al. An Approach to Minimize the Energy Consumption during Blockchain Transaction. Materials Today: Proceedings, 2020(5):6-7. https://doi.org/10.1016/j.matpr.2020.10.361
[12] Sikorski J J , Haughton J , Kraft M . Blockchain technology in the chemical industry: Machine-to-machine electricity market. Applied Energy, 2017, 195(JUN.1):234-246.
[13] Dinh T , Liu R , Zhang M , et al. Untangling Blockchain: A Data Processing View of Blockchain Systems. IEEE Transactions on Knowledge & Data Engineering, 2017, PP(99):1-1.
[14] Kang J , et al. Enabling Localized Peer-to-Peer Electricity Trading Among Plug-in Hybrid Electric Vehicles Using Consortium Blockchains. IEEE Transactions on Industrial Informatics, 2017, PP(6):1-1. https://doi.org/10.1109/TII.2017.2709784
[15] Kshetri, Nir. Can Blockchain Strengthen the Internet of Things?. It Professional, 2017, 19(4):68-72. https://doi.org/10.1109/MITP.2017.3051335
[16] Dayarathna M , Wen Y , Fan R . Data Center Energy Consumption Modeling: A Survey. IEEE Communications Surveys & Tutorials, 2017, 18(1):732-794. https://doi.org/10.1109/COMST.2015.2481183
[17] Salim R , Yao Y , Chen G , et al. Can foreign direct investment harness energy consumption in China? A time series investigation. Energy Economics, 2017, 66(aug.):43-53. https://doi.org/10.1016/j.eneco.2017.05.026
[18] Haustein,H, Neuwirth,E. Long Waves in World Industrial Production, Energy Consumption, Innovations, Inventions, and Patents and Their Identification by Spectral Analysis : Technological Forecasting and Social Change. Journal of Science Policy & Research Management, 2017, 2(1):53-89. https://doi.org/10.1016/0040-1625(82)90028-2