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Published December 31, 2020 | Version v1
Conference paper Open

Renewable energy management powered by Hyperledger Fabric

  • 1. University of Stavanger

Description

Trading and storage of renewable energy offers a way for the prosumer to extract value from the surplus energy that they produce, while also mitigating energy shortfall. Power companies can enlist prosumers in demand response strategies for grid stability and cost savings. We present RenewLedger, a blockchain-based framework for renewable energy transaction, storage management and direct-to-consumer demand response incentivization and gamification for peak shaving. We design and implement this system using Hyperledger Fabric and report on performance benchmarking experiments conducted using Hyperledger Caliper.

Files

RenewLedger__Renewable_energy_management_powered_by_Hyperledger_Fabric.pdf

Additional details

Funding

ARTICONF – smART socIal media eCOsytstem in a blockchaiN Federated environment 825134
European Commission