This document discusses how blockchain can enable an off-grid decentralized solar power distribution framework in India. It notes that India has a large dependence on non-renewable energy sources and aims to install 175GW of additional solar capacity by 2022. However, current solar power generation faces challenges of high transmission costs to centralized grids that do not reach many rural areas. Blockchain could facilitate direct peer-to-peer solar energy sales within small community microgrids without needing to connect to a central grid, thereby boosting renewable energy access in rural India in a low-cost manner.
2. D M S | I I T D E L H I
Meet Our Team
VARUN DIXIT
MBA-Technology
Management(2ndYear)|
DesignExeutive-ANADesign
Studio
RAHUL KUMAR
MBA-Technology
Management(2ndYear)
AssistantEngineer-BHEL
SHRANIK JAIN
MBA-Technology
Management(2ndYear)|
ProductManager-IndiaMART
3. D M S | I I T D E L H I
Before we begin
EXECUTIVE SUMMARY
Indianowranks6thinworldenergyconsumptionindex.
Today,wearehighlydependentonnon-renewablesourceofpowergenerationmainlyon
SolarPowerGeneration
Solarpowermustbedirectedtonationalgridsfordistribution.Thereisnooff-grid
mechanismtosaveontransmissioncostandwastage.
Thereisaseriousneedtolookatalternativeslikeproducingin-situsolarpowerandoff
griddistribution,onasmall-scalebasistoavoidwastageandtoprovidepowertorural
areasthatarenotconnectedtoacentralpowergrid.
Blockchaincanenableanoffgriddecentralizedsustainablesolar
powerdistributionFramework
D M S | I I T D E L H I
4. D M S | I I T D E L H I
Defining the Problem
INDIAN ENERGY INDUSTRY
Today,wearehighlydependentonnon-renewablesourceofpowergeneration,andhencerequirealternatesourceofpowergenerationlikesolar,
hydro,wind,biomasspower,andpowerfromurbanandindustrialwaste.
India Rank in world
consumption index
Demand growth
3.6%/annum
Expected: 950,000MW
by 2030
Two-thirds of rural
India is still waiting
to get electricity.
5. THRUST ON SOLAR POWER GENERATION -
FINANCIAL VIAIBILITY CONTEXT
175 GW
PMModihascommittedtoinstall175GWofadditional
renewablecapacityby2022,ofwhich100GWwouldbesolar
70%
Governmentisgivingasubsidyofupto70%forinstallingsolar
powerpanels.
12.50 GW Thecountry’ssolargridhadacumulativecapacityof12.50GW
whichquadrupledfrom 2014
18% Theaveragecurrentpriceofsolarelectricityhasdroppedto
18%belowtheaveragepriceofitscoal-firedcounterpart.
6. CHALLENGES IN CURRENT
INDIAN CONTEXT
D M S | I I T D E L H I
SOLAR TO GRID
Today,solarpowermustbe
directedtonationalgridsfor
distribution.Thereisnooff-
gridmechanismtosaveon
transmissioncostand
wastage.
OBSOLETE GRID
ARCHITECTURE
Theexistingpowergridsare
obsoleteandnotequipped
tohandlerenewableenergy
veryefficiently
Transmissionlossesat
highest24%inworld
RESELL TO PUBLIC
GRID
Solarfarmsdependonthe
abilitytoresellpowertothe
publicgridtomaintain
profitability–abenefit
that’snotpossibleinoff-
gridsettings.Thisalso
limitspowerdistributionto
ruralareasthatarenot
connectedtopowergrid.
COST
GridSetuprequireshigh
infrastructure&AdminCost
7. In a country like India, where people in
rural abodes are still deprived of
electricity, solar power holds a lot of
promise. Solar power is abundantly
available and gives each household an
opportunity to generate power of its
own. This paves path for development of
a self-sustained power generation
capacity that has less reliance on a
centralized framework.
USE CASE
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Solution
The solar power generation capacity can range from large solar power farms to even a small household in a village
community. In such a community-based power generation set up, the points of power generation are distributed which
may not work well with current day’s centralized power grids. The idea requires a technology that compliments
decentralized, distributed and self-managed power generating frameworks -a technology that enables direct P2P
sale of solar energy.
A blockchain-enabled decentralized P2P micro power grid structure can bring together small groups of a community
together, to buy/sell solar power for a price without directing power to a central grid
10. ADVANTAGES OF BLOCKCHAIN
POWERED SOLAR INFRASTRUCTURE
D M S | I I T D E L H I
Ruralpartsofthe
countrycansetupa
self-sustainedpower
generationcenterand
meettheirelectricity
needsalsoproducing
greenenergy
BOOST TO
GREEN
ENERGY Thewholeprocessof
energygenerationand
distributionwillbecome
moredirectbetween
suppliersand
consumersthat
requiresminimum
humaninterference.
DISINTERM
EDIATION Lowertransactioncosts
duetothecuttingoutof
intermediaries,and
declineinenergyprices
becauseofgreater
markettransparency
LOW COST
Thedealingsandinvoice
generationwillbe
completelytransparent
andautomated
ERROR
FREE
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References
https://www.mphasis.com/home/thought-
leadership/blog/blockchain-defining-future-of-energy-in-
india.html
https://www.pv-magazine-australia.com/2018/12/06/fremantle-
residents-to-trade-solar-energy-using-blockchain/