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Energy trading marketplace using Ethereum private network

Dongmin Son 1, 2, 3 Sawsan Al Zahr 1, 2, 3 Gerard Memmi 1, 2, 4
3 RMS - Réseaux, Mobilité et Services
LTCI - Laboratoire Traitement et Communication de l'Information
4 ACES - Autonomic and Critical Embedded Systems
LTCI - Laboratoire Traitement et Communication de l'Information
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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https://hal.archives-ouvertes.fr/hal-03157038
Contributor : Dongmin Son Connect in order to contact the contributor
Submitted on : Tuesday, March 2, 2021 - 8:02:56 PM
Last modification on : Wednesday, November 3, 2021 - 8:19:57 AM
Long-term archiving on: : Monday, May 31, 2021 - 8:03:18 PM

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  • HAL Id : hal-03157038, version 1

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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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