Blockchain-based Electricity Trading Settlement Model for Distributed Power Trading

This paper presents novel settlement models for distributed power trading, specifically focusing on the Dual Market Design for Power (DMDP). It addresses the challenges posed by the inherent uncertainties in distributed generation and consumption, proposing innovative mechanisms to handle deviations, penalties, and grid access fees, while leveraging blockchain technology for secure, transparent, and efficient transaction management. The study also explores strategies for the equitable redistribution of cross-subsidies in grid tariffs, ensuring grid revenue recovery and fostering a balanced development of the distributed energy market.