Please use this identifier to cite or link to this item:
|Title:||Fostering Consumers' Energy Market through Smart Contracts|
|Authors:||KOUNELIS IOANNIS; STERI GARY; GIULIANI RAIMONDO; GENEIATAKIS DIMITRIOS; NEISSE RICARDO; NAI FOVINO IGOR|
|Type:||Articles in periodicals and books|
|Abstract:||Micro-generation promises to greatly contribute to the energy balance of the energy grid; however, so far, its market penetration is going slow due to the few, or not-existing, direct economic benefits end-users would enjoy by deploying an inhouse micro-generation system. In this paper, taking advantage of the potentialities of blockchain technologies, we propose a solar energy production and distribution architecture using smart contracts, a particular distributed ledger paradigm, to support automatic energy exchanges and auctions, potentially enabling a new, open and more fruitful, under an end-user perspective, energy micro-generation market. We present the conceptual design of the approach, the energy grid prototype and the control layer, running on the Ethereum platform, we built to demonstrate its feasibility.|
|JRC Directorate:||Space, Security and Migration|
Files in This Item:
There are no files associated with this item.
Items in repository are protected by copyright, with all rights reserved, unless otherwise indicated.