Consortium blockchain based secure and efficient data aggregation and dynamic billing system in smart grid

In a smart grid, collected electricity consumption periodically from smart meters allow entities to bill the customers, power company to operate the grid successfully, and users to control the use of their appliances. However, energy consumptions of users should be protected since the data provides the user’s daily habit that an adversary uses the data to extract useful information about the users. Moreover, users’ identities should not be disclosed to untrusted entities since the untrusted entities map identities to their real identities. In this paper, we propose a system that protects users’ data privacy using multi-pseudorandom identities and a randomization technique. Moreover, the proposed work provides fast authentication for smart meters to send their readings to data aggregators. Furthermore, the proposed work is based on consortium blockchain to eliminate a single point of failure and provides transparency of messages and operations. In addition, we use dynamic billing and pricing mechanism for the users to see their bills.