Project cooperationUpdated on 4 December 2023

Tool for blockchain technology on decision making in peer-to-peer energy trading

Bruno Pires

Partner at Here Partners

Lisbon, Portugal

About

Peer to peer (p2p) energy trading is a mechanism that allows the participants to share the excess energy produced by their private solar panel, helping to reduce the pressure on the main grid in a sustainable way. In this context, blockchain-based p2p energy trading is the solution for which the energy sharing mechanism can become more efficient and safer thanks to the fundamental features of blockchain technology, encouraging more people to join the network and provide a significant contribution to the climate change problem.  Like in all the sharing economy markets, p2p energy trading is strictly dependent on the behaviours and perceptions of participants. This project aims to develop an approach for the use of blockchain technology on decision making in peer-to-peer energy trading and to investigate how participants behave in blockchain based p2p energy trading, analysing their trading actions under different blockchain enabled scenarios and their willingness to join such networks.

Stage

  • Planning

Type

  • Research
  • Technical

Organisation

Here Partners

SME

Lisbon, Portugal

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