| Title | A Peer-to-Peer Market Algorithm for a Blockchain Platform |
| Publication Type | Conference Paper |
| Year of Publication | 2020 |
| Authors | Benanti, F., Sanseverino, E. Riva, Sciumè, G., Zizzo, G. |
| Conference Name | 2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I CPS Europe) |
| Keywords | ancillary services, blockchain, contracts, energy transaction, Generators, human factors, Load flow, market algorithm, Metrics, micro-grids, P2P, peer to peer security, peer-to-peer, Peer-to-peer computing, power system stability, pubcrawl, Resiliency, Scalability, smart contract, Stability analysis |
| Abstract | 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. |
| DOI | 10.1109/EEEIC/ICPSEurope49358.2020.9160609 |
| Citation Key | benanti_peer–peer_2020 |
A Peer-to-Peer Market Algorithm for a Blockchain Platform