Blockchain-Based Peer-to-Peer Energy Trading Marketplace in Solar Energy
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.
Authors
- Shirley Anak Rufus
- Nazreen Junaidi
- Atiq Firdaus bin Fazari
- A'in Sarah Binti Aidell
Institutions
- Universiti Malaysia Sarawak (MY)
Publication Details
- Published
- 2024-11-24
- DOI
- https://doi.org/10.1109/ispec59716.2024.10892488
- Citations
- 1
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.78