Energy Trading Blockchain Framework Agents Modeling Approach

Ameni Boumaiza*, Mazhar Sajjad, Antonio Sanfilippo, Nassma Mohandes

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

3 Citations (Scopus)

Abstract

The growing interest in decentralized production of renewables calls for new energy trade approaches. An energy blockchain platform enables a decentralized energy market, to eliminate the need of an intermediary trust entity. We proposed to explore the design of an energy blockchain platform in the Qatari context using an ABM simulation framework with real-world data from households in Doha. The aim of this paper was to illustrate the essential components and functioning of a blockchain system and implement a generic ABM simulation framework for energy exchange. A major novel contribution of this work was the development of a virtual environment to test and validate the secure and equitable energy trading among participants using a simplified agent modeling approach to analyze the impacts of peer-to-peer energy trading on market operational performance.

Original languageEnglish
Title of host publicationSustainable Energy-Water-Environment Nexus in Deserts - Proceeding of the 1st International Conference on Sustainable Energy-Water-Environment Nexus in Desert Climates
EditorsEssam Heggy, Veronica Bermudez, Marc Vermeersch
PublisherSpringer Nature
Pages543-550
Number of pages8
ISBN (Print)9783030760809
DOIs
Publication statusPublished - 2022
Event1st International Conference on Sustainable Energy-Water-Environment Nexus in Desert Climates, ICSEWEN 2019 - Ar-Rayyan, Qatar
Duration: 2 Dec 20195 Dec 2019

Publication series

NameAdvances in Science, Technology and Innovation
ISSN (Print)2522-8714
ISSN (Electronic)2522-8722

Conference

Conference1st International Conference on Sustainable Energy-Water-Environment Nexus in Desert Climates, ICSEWEN 2019
Country/TerritoryQatar
CityAr-Rayyan
Period2/12/195/12/19

Keywords

  • ABM
  • Agents modeling
  • Blockchain technology
  • Consumer
  • P2P trading
  • Prosumer
  • Solar energy

Fingerprint

Dive into the research topics of 'Energy Trading Blockchain Framework Agents Modeling Approach'. Together they form a unique fingerprint.

Cite this