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A Low-Cost, Open-Source Peer-to-Peer Energy Trading System for a Remote Community Using the Internet-of-Things, Blockchain, and Hypertext Transfer Protocol

Author

Listed:
  • Mirza Jabbar Aziz Baig

    (Department of Electrical and Computer Engineering, Memorial University of Newfoundland, 230 Elizabeth Ave, St. John’s, NL A1C5S7, Canada)

  • M. Tariq Iqbal

    (Department of Electrical and Computer Engineering, Memorial University of Newfoundland, 230 Elizabeth Ave, St. John’s, NL A1C5S7, Canada)

  • Mohsin Jamil

    (Department of Electrical and Computer Engineering, Memorial University of Newfoundland, 230 Elizabeth Ave, St. John’s, NL A1C5S7, Canada)

  • Jahangir Khan

    (BC Hydro, Transmission Lines Engineering, 6911 Southpoint Drive, Burnaby, BC V3N4X8, Canada)

Abstract

A low-cost, open-source peer-to-peer (P2P) energy trading system for a remote community is presented in this paper. As a result of its geographic location, this community has never been able to access electricity and other modern amenities. This study aims to design and implement a P2P energy trading system for this remote community that allows residents to take advantage of distributed energy resources. A Raspberry Pi 4 Model B (Pi4B) hosts the main server of the trading system that includes the user interface and a local Ethereum blockchain server. The Ethereum blockchain is used to deploy smart contracts. The Internet-of-Things (IoT) servers run on ESP32 microcontrollers. Sensors and actuators connected to the ESP32 are field instrumentation devices that facilitate acquiring, monitoring, and transferring energy data in real-time. To perform trading activities, React.JS open-source library was used to develop the blockchain-enabled user interface. An immutable blockchain network keeps track of all transactions. The proposed system runs on a local Wi-Fi network with restricted authorization for system security. Other security measures such as login credentials, private key, firewall, and secret recovery phrases are also considered for information security and data integrity. A Hypertext Transfer Protocol is implemented for communication between the servers and the client. This explains the overall system design, implementation, testing, and results.

Suggested Citation

  • Mirza Jabbar Aziz Baig & M. Tariq Iqbal & Mohsin Jamil & Jahangir Khan, 2022. "A Low-Cost, Open-Source Peer-to-Peer Energy Trading System for a Remote Community Using the Internet-of-Things, Blockchain, and Hypertext Transfer Protocol," Energies, MDPI, vol. 15(13), pages 1-22, July.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:13:p:4862-:d:854384
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    Citations

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    Cited by:

    1. Sayed Arash Omidi & Mirza Jabbar Aziz Baig & Mohammad Tariq Iqbal, 2023. "Design and Implementation of Node-Red Based Open-Source SCADA Architecture for a Hybrid Power System," Energies, MDPI, vol. 16(5), pages 1-21, February.
    2. Fahim Muntasir & Anusheel Chapagain & Kishan Maharjan & Mirza Jabbar Aziz Baig & Mohsin Jamil & Ashraf Ali Khan, 2023. "Developing an Appropriate Energy Trading Algorithm and Techno-Economic Analysis between Peer-to-Peer within a Partly Independent Microgrid," Energies, MDPI, vol. 16(3), pages 1-21, February.
    3. Ali M. Eltamaly & Mohamed A. Ahmed, 2023. "Performance Evaluation of Communication Infrastructure for Peer-to-Peer Energy Trading in Community Microgrids," Energies, MDPI, vol. 16(13), pages 1-16, July.

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