Publication Type : Conference Paper
Publisher : Proceedings of the 2nd Workshop on Blockchain-Enabled Networked Sensor System (Blocksys 2019), 6th International Conference on System for Energy Efficient Buildings, Cities and Transportation (ACM BuildSys 2019)
Source : Proceedings of the 2nd Workshop on Blockchain-Enabled Networked Sensor System (Blocksys 2019), 6th International Conference on System for Energy Efficient Buildings, Cities and Transportation (ACM BuildSys 2019), Columbia University, New York, Association for Computing Machinery, New York, NY, USA (2019)
Url : https://doi.org/10.1145/3362744.3363345
ISBN : 9781450370127
Keywords : Blockchain, Internet of things, IoT devices, P2P Energy Trading, Proof of concept, Raspberry Pi, Self Sustainable Community, Smart community, Smartgrid
Campus : Coimbatore
School : School of Engineering
Department : Electrical and Electronics
Year : 2019
Abstract : With a spectacular boom in blockchain technologies at various verticals and with the increase in renewable energy penetration, these could solve one of the major issues in Power Systems - Energy Demand Management by the utilities. Blockchain being a distributed architecture, it could fit into the deregulated energy market to enable energy trading in a self sustainable energy community and manage the power demands among the community members. As proof of concept, the blockchain technology is introduced in a smart community where consumers take part in energy trading among themselves as well as with the utility. In this paper, three use cases for P2P energy trading in a private blockchain network is discussed. The blockchain architecture is developed using the Hyperledger framework and the smart contracts are defined in the chaincode. The performance of the blockchain network on resource constrained IoT system based on Raspberry Pi is also evaluated.
Cite this Research Publication : A. Nidhin Mahesh, Sai Shibu N. B., and Dr. Balamurugan S., “Conceptualizing Blockchain Based Energy Market for Self Sustainable Community”, in Proceedings of the 2nd Workshop on Blockchain-Enabled Networked Sensor System (Blocksys 2019), 6th International Conference on System for Energy Efficient Buildings, Cities and Transportation (ACM BuildSys 2019), Columbia University, New York, New York, NY, USA, 2019.