A Blockchain-based Double-sided Auction Peer-to-peer Electricity Market Framework

Abstract

The framework presented provides an open-source, blockchain-based, peer-to-peer energy market platform which can be used for testing different setups or for creating a microgrid peer-to-peer trading platform. The framework offers the following possibilities: · variations of the trading horizon, metering intervals; · simulations within a fraction of the real time; · variations of the number of participants; · multiple operated microgrids within one smart contract; · clearing mechanisms with discriminative prices or a market clearing price; · functionality to log data exchanged with the blockchain; production and consumption data of each participant, electricity exchanged within the microgrid and the main grid, token balances of all participants, · variation of the price ranges.