Exploring the convergence of Metaverse, Blockchain, Artificial Intelligence, and digital twin for pioneering the digitization in the envision smart grid 3.0

Abstract

The ongoing evolution of the Metaverse, digital twin (DT), artificial intelligence (AI), and Blockchain technologies is fundamentally transforming the utilization of sustainable energy resources (SERs) within smart grids (SGs), ushering in the era of smart grid 3.0 (SG 3.0). This paradigm shift presents unprecedented opportunities to establish robust and sustainable energy trading frameworks between consumers and utilities within the SG 3.0 environment. The integration of DT, AI, and Blockchain technologies in the context of the Metaverse’s smart grids, facilitated by optimized communication protocols, represents a transformative approach. AI models play a pivotal role in predictive energy trading analysis, while DT assumes a crucial role in effectively managing diverse SERs within SGs. Simultaneously, Blockchain technology holds the potential to create a trusted and decentralized environment, laying the foundation for an energy trading system within the SG 3.0 universe of the Metaverse. This visionary convergence of DT and Blockchain sets the stage for a futuristic paradigm in SGs, establishing a robust energy trading and management foundation. This paper embarks on exploring uncharted research paths and unlocking new dimensions by surveying and delving into the convergence of the Metaverse, Blockchain, AI, and DT. Its primary objective is to drive the digitization of SERs within SGs, to revolutionize energy systems. The envisioned SG 3.0 represents a significant leap by amalgamating cutting-edge technologies in sustainable energy, paving the way for revolutionary advancements in SGs’ digitization, which aligns with and contributes to achieving the sustainable development goals outlined by the United Nations.