A Decentralized Ai-Blockchain Framework for Adaptive Energy Efficiency & Power Management in Smart Grids

The traditional power distribution system was centralized and suffered from various technical and nontechnical losses. There was no freedom for consumers to sell or purchase electricity within the network without permission from a third party. After the introduction of the smart grid, the power system structure has been changed. Now, the energy storage system and renewable energies have become modern technologies and have become an essential part of the system. By integrating renewable energies, energy storage systems, and modern technologies such as AI and blockchain, the smart grid becomes more powerful and secure. The AI provides an algorithm that provides fast and accurate decision-making power, with learning over time, and blockchain provides secure transactions of data in a peer-to-peer network. The AI also provides a dynamic energy management system and reliability to balance power demand and supply. The simulation results show a 17% improvement in energy utilization and a 25% increase in grid reliability. In this paper, we propose a smart grid model with enhanced capability via integrating blockchain, AI, and an adaptive optimization learning method in real time in a distributed power system.