A Permissioned Blockchain System to Reduce Peak Demand in Residential Communities via Energy Trading: A Real-World Case Study

A Permissioned Blockchain System to Reduce Peak Demand in Residential Communities via Energy Trading: A Real-World Case Study

Residential energy trading systems (RETS) enable homeowners with distributed energy resources (DERs) to participate in virtualized energy markets that have the potential to reduce the peak demand of residential communities. Blockchains are key enablers of RETS, by virtue of providing a decentralized...

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Bibliographic Details
Main Authors: Shivam Saxena, Hany E. Z. Farag, Aidan Brookson, Hjalmar Turesson, Henry Kim
Format: Article
Language:English
Published: IEEE 2021-01-01
Series:IEEE Access
Subjects:
Blockchain
energy trading
microgrid
distributed energy resources
smart contract
smart home
Online Access:https://ieeexplore.ieee.org/document/9311198/

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