Abstract
Blockchain technology is used as a distributed ledger to store and secure data and perform transactions between entities in smart grids. This paper proposes a platform based on blockchain technology and the multi-agent system paradigm to allow for the creation of an automated peer-to-peer electricity market in micro-grids. The use of a permissioned blockchain network has multiple benefits as it reduces transaction costs and enables micro-transactions. Moreover, an improvement in security is obtained, eliminating the single point of failure in the control and management of the platform along with creating the possibility to trace back the actions of the participants and a mechanism of identification. Furthermore, it provides the opportunity to create a decentralized and democratic energy market while complying with the current legislation and regulations on user privacy and data protection by incorporating Zero-Knowledge Proof protocols and ring signatures.
Funder
Institute for Business Competitiveness of Castilla y León, and the European Regional Development Fund
Subject
Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous)
Cited by
15 articles.
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