Author ORCID Identifier

Raja Jayaraman:
https://orcid.org/0000-0002-2749-2688

Document Type

Journal Article

Journal Article Version

Final Version / Publisher's PDF (peer-reviewed)

Publication Date

1-2-2026

Abstract

In attempts to progress the transition towards decarbonizing energy systems and achieving sustainable development goals linked to energy, renewable energy sources (RES), which are decentrally deployed, are being widely promoted. However, RES are constrained by many barriers, some of which are technical in nature, such as energy losses. For instance, traditional peer-to-peer (P2P) trading systems have been used as a mechanism to advance RES because they offer a promising solution for decentralized energy trading without third-party intermediaries. However, it faces significant challenges, notably in accounting for energy losses during transmission and distribution, thus reducing overall system efficiency. We propose an end-to-end blockchain-based solution to provide traceability of energy loss in a distributed network and enhance transaction security, trust, and operational efficiency by linking prosumers and consumers. Our solution uses smart contracts to automate business transaction

Published in

Journal of the Operational Research Society

Keywords

Administration of General Economic Programs, Blockchain technology, Blockchains, Distributed power generation, Energy dissipation, energy loss, energy trading, renewable energy, Renewable energy sources, smart contract, sustainability, Sustainable development, Trust

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