@inbook{b1ea804bf895442d89a046e2e5971bd9,
title = "Distributed double auction for peer to peer energy trade using blockchains",
abstract = "In this paper we use the blockchain technology to develop a peer to peer energy trade platform without a trusted third party. Our main contribution is a novel distributed double auction mechanism which allows any peer to act as an auctioneer and the blockchain mechanism ensures that a peer behaves lawfully while acting as an auctioneer. Using experimental evaluation we show that (1) the distributed auction converges quickly, (2) it minimizes energy loss due to long transmission, (3) computational overhead due to employing a blockchain is negligible, (4) it is efficient and (5) it can implement trade restrictions imposed by the energy distribution network.",
keywords = "Blockchain, Double auction, Microgrid energy trade",
author = "Subhasis Thakur and Hayes, \{Barry P.\} and Breslin, \{John G.\}",
note = "Publisher Copyright: {\textcopyright} 2018 IEEE.; 5th International Symposium on Environment-Friendly Energies and Applications, EFEA 2018 ; Conference date: 24-09-2018 Through 26-09-2018",
year = "2018",
month = jul,
day = "2",
doi = "10.1109/EFEA.2018.8617061",
language = "English",
series = "Proceedings of the 2018 5th International Symposium on Environment-Friendly Energies and Applications, EFEA 2018",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
editor = "Claudio Bruzzese and Ezio Santini and \{Di Gennaro\}, Stefano",
booktitle = "Proceedings of the 2018 5th International Symposium on Environment-Friendly Energies and Applications, EFEA 2018",
address = "United States",
}