P2P Energy Trading
blockchain-based solar energy trading application enables prosumers to directly trade excess solar power with consumers
Peer-to-Peer Energy Trading
P2P Market Type
intraday trading
Intraday allowing participants to buy /sell electricity for current day.
Day ahead
Day-ahead allowing participants to buy/sell electricity for next day.
A Peer-to-Peer (P2P) blockchain-based solar energy trading application enables prosumers to directly trade excess solar power with consumers
Key features include:
>P2P Platform: Allows participants to buy and sell electricity.
> Higher Selling Price for Prosumers: Prosumers can sell excess energy at a price higher than the tariff rate.
> Lower Cost for Consumers: Consumers pay less than their tariff rate (C&I).
> Choice of Trading Participants: Consumers can choose to trade with single or multiple participants.
> Support for Local Renewable Energy: Encourages local renewable energy production for trading.
> No Middleman: Participants make trades on their own terms.
> Intraday Trading: Enables users to trade energy within the same day.
> Day-Ahead Trading: Allows participants to schedule energy trades one day in advance.
> Market Order: An instruction to buy or sell at the current market price.
> Limit Order: An instruction to buy or sell at a specific price or better.
