EnerPort: Irish blockchain project for peer- to-peer energy trading

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EnerPort_Publication_Piyush.pdf(647.38 KB)
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Date
2018-09-14
Authors
Verma, Piyush
O'Regan, Brian
Hayes, Barry P.
Thakur, Subhasis
Breslin, John G.
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Springer Nature
Research Projects
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Abstract
“EnerPort” is an Irish government- and industry-funded collaborative project where blockchain technology is being used to develop a peer-to-peer (P2P) energy trade model to support energy trade between microgrids. This project is led by the International Energy Research Centre partnering with National University of Ireland Galway and University College Cork, and aims to address some key challenges around associated hardware and software requirements, as well as analysing market and regulatory issues. It is a 12 month project that started on 1st March 2018 and will end on 28th February 2019. This brief report aims to introduce the EnerPort project to a broader international audience and explain all of the key details including the structure and objectives of the project, the methodology, demonstration approach, and expected results. A final report will be published at the end of the project to summarize the project results, future impact, and future work.
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Keywords
Energy trade , Microgrid , Blockchain technology , Peer-to-peer energy trade , P2P
Citation
Verma, P., O'Regan, B., Hayes, B., Thakur, S. and Breslin, J. G. (2018) 'EnerPort: Irish blockchain project for peer- to-peer energy trading', Energy Informatics, 1(1), 14 (9pp). doi:10.1186/s42162-018-0057-8