Multi-Agent Architecture for Peer-to-Peer Electricity Trading based on Blockchain Technology

Abstract

The security of smart grids is put at risk due to their automation and remote access features. Blockchain technology can be used as a distributed ledger where data is stored and all the data transactions between the different entities of a smart grid are signed to protect them from such attacks. This paper proposes a multi-agent system (MAS) that combines smart contracts and blockchain to enable Peer-to-Peer electricity trading in a MicroGrid (MG) scenario, without the need for human intervention. The use of blockchain technology helps reduce transaction costs and allows to make micro transactions in the proposed market. Blockchain also improves the security of the platform because all the involved actors can be certain about the authorship of the information produced in the system. Finally, the use of a MAS and the possibility of negotiating between the agents helps obtain an optimal state in the system in which the costs of energy are minimal and the local production of energy is profitable.