Smart Grid Energy Trading using Peer-to-Peer Blockchain Technology.

The convergence of blockchain, distributed renewable energy, and loT has given rise to the possibility of a decentralized energy trading market. This presents opportunities for prosumers and consumers to engage in peer-to-peer energy exchange. In this paper, we propose a design for blockchain-based P2P energy trading in a smart grid. Our system is centered around a single-phase grid-connected inverter-based smart grid that delivers 220V and 50Hz output. We utilize loT and blockchain technologies to facilitate energy trading. The inverter is designed using the sinusoidal pulse width modulation (SPWM) technique, and grid connectivity is established through the phase control technique. The inverter section is implemented in MATLAB, while the loT and blockchain sections are developed using the python programming language.