SYSTEMS AND METHODS FOR AN ENERGY MONITORING AND TRANSFER
Methods and systems for facilitating the trading of energy in a peer-to-peer manner and maintain a balanced supply of energy. The systems and methods may incorporate an electric meter coupled to an energy source and an energy load, along with an energy trading platform configured to establish a bloc...
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creator | MURALEEDHARAN, Murajith DEVARAJAN, Ashalatha PALLE, Suresh SINGHVI, Shalu DART, Simon ARUNACHALAM, Soundarai |
description | Methods and systems for facilitating the trading of energy in a peer-to-peer manner and maintain a balanced supply of energy. The systems and methods may incorporate an electric meter coupled to an energy source and an energy load, along with an energy trading platform configured to establish a blockchain distributed ledger configured to record energy transaction between energy consumers and energy suppliers. The energy trading platform may receive notifications of available energy from energy suppliers, requests for energy from energy consumers, and a selection of an energy consumer to fulfill an energy request. In response to the selection, an energy transaction may be formed and executed via self-executing contract stored in the distributed ledger. In some cases, the systems and methods may incorporate a dynamic demand response system. |
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subjects | CIRCUIT ARRANGEMENTS OR SYSTEMS FOR SUPPLYING OR DISTRIBUTINGELECTRIC POWER CONVERSION OR DISTRIBUTION OF ELECTRIC POWER ELECTRICITY GENERATION SYSTEMS FOR STORING ELECTRIC ENERGY |
title | SYSTEMS AND METHODS FOR AN ENERGY MONITORING AND TRANSFER |
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