6533b825fe1ef96bd1281fe8
RESEARCH PRODUCT
A Peer-to-Peer Market Algorithm for a Blockchain Platform
Giuseppe SciumèE. Riva SanseverinoF. BenantiGaetano Zizzosubject
blockchainTechnological revolutionBlockchainSmart contractTransparency (market)Computer science020209 energyenergy transaction02 engineering and technologymicro-gridsPeer-to-peerGrid operatorcomputer.software_genreNews aggregator0202 electrical engineering electronic engineering information engineeringP2P020208 electrical & electronic engineeringmarket algorithmcomputer.file_formatpeer-to-peerAncillary servicesSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaExecutablesmart contractcomputerAlgorithmdescription
In an era of technological revolution in which everything becomes smarter and connected, the blockchain can introduce a new model for energy transactions able to grant more simplicity, security and transparency for end-users. The blockchain technology is characterized by a distributed architecture without a trusted and centralized authority, and, therefore, it appears as the perfect solutions for managing exchanges between peers. In this paper, a market algorithm that can be easily transferred to a smart contract for maximizing the match between produced and consumed energy in a micro-grid is presented. The algorithm supports energy transactions between peers (both producers and consumers) and could be one of the main executables implemented using a blockchain platform. The case study presented in this paper shows how the end-users through the blockchain could select among the possible energy transactions those more suitable to offer specific ancillary services to the grid operator without involving the grid operator itself or a third-party aggregator.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2020-06-01 |