Leveraging Public Blockchain for Energy Community Simulation: A Novel Approach with Simulink and Ethereum Sepolia

Abstract

This study presents a novel system for simulating an energy community utilizing advanced tools such as Simulink and the Ethereum Sepolia blockchain. Simulink is employed to simulate energy transactions within the community, while the Ethereum Sepolia blockchain is used to securely record these transactions. The primary objective of this study is to assess the feasibility of establishing an energy community that utilizes a public blockchain, such as Ethereum Sepolia, within a simulated environment using the Simulink tool. This research is distinctive because no previous study has utilized a public blockchain for this type of community model through a simulation tool like Simulink. Public blockchains, while offering numerous advantages, often suffer from high transaction costs. This study aims to address this challenge by proposing a solution that can reduce these costs without compromising security or decentralization.