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Reports (Technical Report) Year : 2020

Energy trading marketplace using Ethereum private network

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Abstract

In this paper, we evaluate and analyze the performance of a local electricity market for energy trading that we implemented on the Ethereum platform. The energy trading is based on a double auction with multiple sellers and multiple buyers, and the matched price and volume are determined by a trade reduction mechanism. We benchmark the performance of Ethereum using a systematic blockchain performance evaluation method, and based on this, we propose and analyze an efficient market operation method. In particular, we relate the limits on the scalability and real-time performance of the market to the throughput and latency of the Ethereum platform. We also identify the minimum resources necessary to operate an Ethereum client.
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Dates and versions

hal-03157038 , version 1 (02-03-2021)

Identifiers

  • HAL Id : hal-03157038 , version 1

Cite

Dongmin Son, Sawsan Al Zahr, Gerard Memmi. Energy trading marketplace using Ethereum private network. [Technical Report] Telecom Paris. 2020. ⟨hal-03157038⟩
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