research-article

Privacy-Preserving Energy Storage Sharing with Blockchain

Authors:

Sid Chi-Kin Chau,

Yue ZhouAuthors Info & Claims

e-Energy '21: Proceedings of the Twelfth ACM International Conference on Future Energy Systems

Pages 185 - 198

https://doi.org/10.1145/3447555.3464869

Published: 22 June 2021 Publication History

Abstract

Energy storage provides an effective way of shifting temporal energy demands and supplies, enabling significant cost reduction under dynamic energy pricing. Despite its promising benefits, the cost of present energy storage remains expensive, presenting a major obstacle to practical deployment. A more viable solution to improve cost-effectiveness is by sharing energy storage, such as community sharing, cloud energy storage and peer-to-peer sharing. However, revealing private energy demand data in energy storage sharing may compromise user privacy, susceptible to data misuses and breaches. In this paper, we explore a novel approach to support energy storage sharing with privacy protection, based on privacy-preserving blockchain and secure multi-party computation. We present an integrated solution to enable privacy-preserving energy storage sharing, such that energy storage service scheduling and cost-sharing can be attained without the knowledge of individual users' demands. It also supports auditing and verification by the grid operator via blockchain. Furthermore, our privacy-preserving solution can safeguard against a dishonest majority of users, who may collude in cheating, without requiring trusted third-parties. We implemented our solution as a smart contract on real-world Ethereum blockchain platform, with empirical evaluation.

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Cited By

Wang NChau SLiu D(2024)SwiftRange: A Short and Efficient Zero-Knowledge Range Argument For Confidential Transactions and More2024 IEEE Symposium on Security and Privacy (SP)10.1109/SP54263.2024.00054(1832-1848)Online publication date: 19-May-2024
https://doi.org/10.1109/SP54263.2024.00054
Belousov DShuklin MStepin AYanovich Y(2024)ROAR: A Benchmark for NFT Rarity Meters2024 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)10.1109/ICBC59979.2024.10634416(245-249)Online publication date: 27-May-2024
https://doi.org/10.1109/ICBC59979.2024.10634416
Kumar ANaqvi BWolff A(2023)Exploring the energy informatics and energy citizenship domains: a systematic literature reviewEnergy Informatics10.1186/s42162-023-00268-16:1Online publication date: 2-Aug-2023
https://doi.org/10.1186/s42162-023-00268-1
Show More Cited By

Index Terms

Privacy-Preserving Energy Storage Sharing with Blockchain
1. Security and privacy

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cover image ACM Other conferences

e-Energy '21: Proceedings of the Twelfth ACM International Conference on Future Energy Systems

June 2021

528 pages

ISBN:9781450383332

DOI:10.1145/3447555

Copyright © 2021 ACM.

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Publication History

Published: 22 June 2021

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e-Energy '21

e-Energy '21: The Twelfth ACM International Conference on Future Energy Systems

June 28 - July 2, 2021

Virtual Event, Italy

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Overall Acceptance Rate 160 of 446 submissions, 36%

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Cited By

Wang NChau SLiu D(2024)SwiftRange: A Short and Efficient Zero-Knowledge Range Argument For Confidential Transactions and More2024 IEEE Symposium on Security and Privacy (SP)10.1109/SP54263.2024.00054(1832-1848)Online publication date: 19-May-2024
https://doi.org/10.1109/SP54263.2024.00054
Belousov DShuklin MStepin AYanovich Y(2024)ROAR: A Benchmark for NFT Rarity Meters2024 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)10.1109/ICBC59979.2024.10634416(245-249)Online publication date: 27-May-2024
https://doi.org/10.1109/ICBC59979.2024.10634416
Kumar ANaqvi BWolff A(2023)Exploring the energy informatics and energy citizenship domains: a systematic literature reviewEnergy Informatics10.1186/s42162-023-00268-16:1Online publication date: 2-Aug-2023
https://doi.org/10.1186/s42162-023-00268-1
Chukhnina AMelnikov GPecherkin ASokolov AYanovich Y(2023)B4B.World Demo: Influencer Marketing Cross-Chain Platform2023 IEEE 43rd International Conference on Distributed Computing Systems (ICDCS)10.1109/ICDCS57875.2023.00118(989-992)Online publication date: Jul-2023
https://doi.org/10.1109/ICDCS57875.2023.00118
Davydov VKrymov AOzmaden DPashchenko YTenyaev AYanovich Y(2023)Demo: Non-Fungible Tokens in Asset-Backed Securitization2023 IEEE 43rd International Conference on Distributed Computing Systems (ICDCS)10.1109/ICDCS57875.2023.00114(1017-1020)Online publication date: Jul-2023
https://doi.org/10.1109/ICDCS57875.2023.00114
Sedlmeir JVölter FStrüker J(2022)The next stage of green electricity labelingACM SIGEnergy Energy Informatics Review10.1145/3508467.35084701:1(20-31)Online publication date: 3-Jan-2022
https://dl.acm.org/doi/10.1145/3508467.3508470

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