P2P Electricity Transaction Between Ders by Blockchain Technology
DEGREE PROJECT IN COMPUTER SCIENCE AND ENGINEERING, SECOND CYCLE, 30 CREDITS STOCKHOLM, SWEDEN 2018 P2P Electricity transaction between DERs by Blockchain Technology RUOGU LI KTH ROYAL INSTITUTE OF TECHNOLOGY SCHOOL OF ELECTRICAL ENGINEERING AND COMPUTER SCIENCE KTH Royal Institute of Technology School of Electrical Engineering and Computer Science Master’s Thesis in Computer Science and Computer Engineering P2P Electricity transaction between DERs by Blockchain Technology Author: Ruogu Liu Supervisors: Anne Håkansson Xue Wang Examiner: Prof.Mihhail Matskin, KTH, Sweden ii Abstract The popularity of blockchain technologies increases with a significant rise in the price of cryptocurrency in 2017, which drew much attention in the academia and industry to research and implement new application or new blockchain technology. Many new blockchains have emerged over the last year in a broad spectrum of sectors and use cases including IOT, Energy, Finance, Real estate, Entertainment, etc. Despite many exciting research and applications have been done, there are still many areas worth investigating, and implementation of the blockchain based distributed application are still facing much uncertainty and challenging since blockchain is still an emerging technology. Meanwhile, the energy sector is under a transition to be digitalized and more distributed. A global technology revolution has disrupted the conventional centralized power system with distributed resources and technologies, like photovoltaic units (PV), batteries, electric mobilities, etc. The citizens then have control of their generation and consumption profiles. The purpose of this master thesis is to explore existing blockchain technology, and smart contracts such as IOTA, NEO, Ethereum Tobalaba, which can be adapted in the energy sector. Within this thesis, blockchain and the smart contract is proposed as a way of building distributed applications for a p2p transaction use case in the energy asset management platform.
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