Active PAR

IEEE P2418.5

IEEE Draft Guide for Blockchain in Power and Energy Systems

Blockchain / Distributed Ledger Technology, referred to as Blockchain/DLT, is a proven technology in industry and, though newer to applications in the energy industry, is well-positioned to become a critical component of this evolving electrical system. Blockchain/DLT can provide transparency and traceability within energy markets and distributed system operations, reduce error and processing inefficiencies between the multiple parties engaged in interconnected grid management, and offer a path to automation of the grid through the use of smart contracts. This guide provides an open, common, and interoperable reference framework model for distributed ledger technology (DLT) such as blockchain in the energy sector. This Guide also serves as a guideline for Blockchain DLT use cases in the electrical power industry, creating a guide for a reference architecture framework, including interoperability, terminology, functionality, and system interfaces for blockchain DLT applications in the energy sector.

Sponsor Committee
PE/SBLC - Smart Buildings, Loads and Customer Systems
Status
Active PAR
PAR Approval
2023-03-30

Working Group Details

Society
IEEE Power and Energy Society
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Sponsor Committee
PE/SBLC - Smart Buildings, Loads and Customer Systems
Working Group
Arch/P2418.5 - Energy Blockchain WG
IEEE Program Manager
Michael Kipness
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Working Group Chair
Claudio Lima

Other Activities From This Working Group

Current projects that have been authorized by the IEEE SA Standards Board to develop a standard.


No Active Projects

Standards approved by the IEEE SA Standards Board that are within the 10-year lifecycle.


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These standards have been replaced with a revised version of the standard, or by a compilation of the original active standard and all its existing amendments, corrigenda, and errata.


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No Inactive-Withdrawn Standards

These standards are removed from active status through an administrative process for standards that have not undergone a revision process within 10 years.


No Inactive-Reserved Standards
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