An Architecture for Blockchain based Peer to Peer Energy Trading

Juhar Ahmed Abdella, Khaled Shuaib

Research output: Chapter in Book/Report/Conference proceedingConference contribution

6 Citations (Scopus)

Abstract

Peer to peer energy trading (P2P ET) is expected to be one of the key elements of the next generation power systems. Existing centralized grid systems face several challenges to support P2P ET such as single point of failure, communication overhead, security and privacy problems. Blockchain based P2P ET has been suggested by many researchers as a possible solution to the aforementioned problems. In this paper, we propose P2P ET architecture that allows performing secure energy trading without compromising system efficiency. The proposed architecture consists of three layers: Blockchain layer, Off-Blockchain communication layer and Physical layer. We describe the components of each layer along with interactions that exist between them to achieve the overall objectives. Moreover, we explain how the proposed architecture can achieve a better performance.

Original languageEnglish
Title of host publication2019 6th International Conference on Internet of Things
Subtitle of host publicationSystems, Management and Security, IOTSMS 2019
EditorsMohammad Alsmirat, Yaser Jararweh
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages412-419
Number of pages8
ISBN (Electronic)9781728129495
DOIs
Publication statusPublished - Oct 2019
Event6th International Conference on Internet of Things: Systems, Management and Security, IOTSMS 2019 - Granada, Spain
Duration: Oct 22 2019Oct 25 2019

Publication series

Name2019 6th International Conference on Internet of Things: Systems, Management and Security, IOTSMS 2019

Conference

Conference6th International Conference on Internet of Things: Systems, Management and Security, IOTSMS 2019
Country/TerritorySpain
CityGranada
Period10/22/1910/25/19

Keywords

  • Architecture
  • Blockchain
  • Peer to Peer Energy Trading
  • Performance
  • Privacy
  • Security

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Hardware and Architecture
  • Information Systems and Management
  • Safety, Risk, Reliability and Quality

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