Excessive consumption transaction of renewable energy based on blockchain smart contract

Abstract

As an important supplementary method to help market entities to complete consumption responsibility weights of renewable energy in China, excessive consumption transaction needs an efficient and security trading mechanism. Therefore, a decentered listing trading system based on blockchain smart contract is proposed, which utilizes P2P transaction mode to complete the listing and delisting process of excessive consumption transaction. The feasibility of this trading system is verified by an example designed on Ethereum platform with compiling and allocating of smart contract, synchronization of ethernet and smart contract, and announcement of transaction information.