@inproceedings{75b09a29ff5d4774bae53c96c66c51f5,
title = "A Blockchain-Based Renewable Energy Authenticated Marketplace: BEAM of Flexibility",
abstract = "In this paper, we propose a blockchain-based platform for decentralized energy marketplaces where prosumers and grid operators can directly exchange flexibility. The proposed platform facilitates the exchange of excess electricity for compensation while ensuring privacy for prosumers and verifiability for grid operators. Specifically, we use digital machine identities (dMIDs) to enable prosumers to verifiably communicate the provision details, ensuring that grid operators can trust the provided flexibility. We use zero-knowledge proofs (ZKP) to verify sensitive data from dMIDs to ensure the privacy of prosumers. Flexibility is represented as a digital certificate written as a smart contract that facilitates the communication and exchange of information about flexibility. This implementation seeks to uncover potential cost savings, create new value streams, and enhance operational efficiency in the renewable energy sector.",
keywords = "Blockchain, Decentralized machine identities, Flexibility market, Peer-to-peer flexibility trading",
author = "Mutiullah Shaikh and Sundas Munir and Wiil, {Uffe Kock} and Amina Shaikh",
year = "2024",
month = may,
day = "7",
doi = "10.1007/978-3-031-53237-5_31",
language = "English",
isbn = "978-3-031-53236-8",
series = "Signals and Communication Technology",
publisher = "Springer Nature",
pages = "511--527",
editor = "Asadullah Shaikh and Abdullah Alghamdi and Qing Tan and {El Emary}, {Ibrahiem M. M.}",
booktitle = "Advances in Emerging Information and Communication Technology",
address = "Singapore",
note = "ICICT 2023 : 2023 The 6th International Conference on Information and Computer Technologies ; Conference date: 24-03-2023 Through 26-03-2023",
}