Peer-to-Peer Energy Trading by Smart Contracts Using Application of Blockchain Technology in Smart Contracts for Peer-to-Peer Energy Trading

In this article, the objective is to deal with economic aspects of blockchain peer-to-peer energy tradingtechnology in smart grid. With the advent of small-scale distributed energy resources (DER), prosumers grow promising entities for more reliable and economic operations of the power grid. Furthermore, energy storage systems increase the flexibility of the supply-demand balance thus, helping the operation of the grid even more improved. Transactive energy systems provide a novel and lime-lighted platform for prosumers to buy and sell electricity in an easy and economic manner. Blockchain technology can make transactive energy systems even more efficient and smarter by providing innovative features such as smart contracts. In this paper, bilateral contracts in an electricity network consisting of prosumers and consumers in the transactive energy platform are investigated and compared to the traditional DSO centralized pricing mechanism. Results show that peer-to-peer energy transactions in the form of bilateral contracts provide a more economic operation conditions for system entities. There are distributed generators like solar and CHP in smart grid. Furthermore, by the advent of energy storage systems, we have more flexibility in grids for improved operations. With promising potential of solar energy, there is increasing interest in rooftop solar systems. This fact and the fact that storage systems are getting cheaper every day we are dealing with a new concept and it is prosumer . A participant of a grid which can both produce and consume energy to help grids. On the other hand, by the advent of blockchain technology we are able to sign smart contracts and transact energy bilaterally or multilaterally. We want to know whether these kind of transactions are helpful or not.

کلیدواژه ها:

bilateral contracts ، Blockchain ، Transactive Energy ، Clearing clearing Priceprice ، Peerpeer-to-Peerpeer ، Energy energy Tradingtrading.