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Table 1 Relevant scientific articles discussing blockchain-based energy markets

From: Trading solar energy within the neighborhood: field implementation of a blockchain-based electricity market

Study Basic Idea Marketing design Status Country Blockchain protocol
Mihaylov et al. (2014); Mihaylov et al. (Mihaylov et al. 2014) P2P trading of NRG coins within microgrid, obtained for locally produced energy Externally fixed pricing functions Proof of Concept (lab-scale prototype) Spain, Belgium Public blockchain (custom protocol, NRGCoin)
Mattila et al. (2016) Trading electricity between solar panel, battery and appartments Bilateral or mediated market between solar panel and devices within one building possible Case study Finland n.a.
Aitzhan & Svetinovic (2018) P2P trading of solar energy and storage capacity within microgrid Auction mechanism for stored energy, bilateral market for individual ad hoc transactions Proof of concept (simulation) United Arab Emirates Private blockchain (Bitcoin)
Hahn et al. (2017) Trading between distributed set of prosumers, prototype using simulated building loads and PV array University campus Auction mechanism: buyers bid in one-sided Vickrey auction Proof of concept (on campus demo with one solar panel) US, China Private blockchain (Ethereum)
Kang et al. (2017) P2P trading of renewable energy for plug-in hybrid electric vehicles (PHEVs) Auction mechanism: iterative double auction Proof of concept (simulation of auction, blockchain system only described) China, Norway, Canada Private blockchain (custom protocol)
Laszka et al. (2017) P2P trading of renewable energy and storage within microgrid n.a. Conceptual case study US n.a. (PoS blockchain necessary)
Mengelkamp et al. (2017) P2P trading of solar energy within local microgrid Auction mechanism: iterative double auction with uniform pricing Field Phase Germany, US Private blockchain (Tendermint)
Munsing et al. (2017) Coordination and payment of DER in a microgrid, active control of batteries and flexible loads through smart contracts Distributed optimal power flow algorithm Proof of concept (simulation) US Private blockchain (Ethereum)
Sikorski et al. (2017) M2M exchange of energy in chemical industry Bilateral market: producers publish offers, consumer can choose to accept or decline Proof of concept (prototype of 2 prosumers and 1 consumer) Uk, Singapore Private blockchain (MultiChain)
Wang et al. (2017) P2P trading of renewable energy within microgrid Auction mechanism: Continuous double auction with adaptive aggressiveness startegy Case study New Zealand, Singapore n.a.
Mengelkamp et al. (2018) P2P trading of renewable energy within microgrid Auction mechanism: Iterative double auction Simulation Study Germany Private blockchain
  1. Most of the articles present case studies or proofs of concept