P2P Electricity transaction between DERs by Blockchain Technology

The popularity of blockchain technologies increases with a significant rise in the price of cryptocurrency in 2017, which drew much attention in the academia and industry to research and implement new application or new blockchain technology. Many new blockchains have emerged over the last year in a broad spectrum of sectors and use cases including IOT, Energy, Finance, Real estate, Entertainment, etc.Despite many exciting research and applications have been done, there are still many areas worth investigating, and implementation of the blockchain based distributed application are still facing much uncertainty and challenging since blockchain is still an emerging technology. Meanwhile, the energy sector is under a transition to be digitalized and more distributed. A global technology revolution has disrupted the conventional centralized power system with distributed resources and technologies, like photovoltaic units (PV), batteries, electric mobilities, etc. The citizens then have control of their generation and consumption profiles.The purpose of this master thesis is to explore existing blockchain technology, and smart contracts such as IOTA, NEO, Ethereum Tobalaba, which can be adapted in the energy sector. Within this thesis, blockchain and the smart contract is proposed as a way of building distributed applications for a p2p transaction use case in the energy asset management platform. A design science research methodology is applied for the artifact development and evaluation for the research result. The design was implemented on Ethereum and tested on Tobalaba public network with ether and GAS. The evaluation shows the artifact for the p2p transaction in energy asset management platform fulfill the completeness, and correctness of the design requirement. The result of the performance test on Tobalaba networks shows a correlation between GAS consumption and transaction time