Blockchain-Based Peer-To-Peer Energy Trading Marketplace in Solar Energy

Atiq Firdaus, Fazari and Nazreen, Junaidi and A’in Sarah, Aidell and Shirley, Rufus (2024) Blockchain-Based Peer-To-Peer Energy Trading Marketplace in Solar Energy. In: 2024 IEEE Sustainable Power and Energy Conference (iSPEC), 24-27 November 2025, KUCHING.

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Official URL: https://ieeexplore.ieee.org/document/10892488

Abstract

This research explores the application of blockchain technology in the energy trading sector, focusing on peer-to-peer solar energy trading. By leveraging Ethereum and Solidity, the study develops smart contracts to create a secure, transparent, and efficient energy trading platform. The system was tested on the Sepolia Testnet, showing high transaction throughput and low latency, with a comprehensive security audit confirming its robustness. Despite limitations such as the reliance on a test network and the need for additional functionalities, the findings demonstrate blockchain's potential to enhance transparency and security in energy trading. Future work includes real-world implementation and further optimization. This study contributes to the development of sustainable and reliable decentralized energy solutions.

Item Type: Proceeding (Paper)
Uncontrolled Keywords: Blockchain, Peer-to-peer energy trading, Smart contracts, Ethereum, Decentralized energy systems, Energy marketplace, Transparency, Security.
Subjects: T Technology > TK Electrical engineering. Electronics Nuclear engineering
Divisions: Academic Faculties, Institutes and Centres > Faculty of Engineering
Faculties, Institutes, Centres > Faculty of Engineering
Depositing User: Gani
Date Deposited: 24 Mar 2025 06:17
Last Modified: 24 Mar 2025 06:17
URI: http://ir.unimas.my/id/eprint/47817

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