P2PEdge: A Decentralised, Scalable P2P Architecture for Energy Trading in Real-Time

Jan Kalbantner* (Corresponding Author), Konstantinos Markantonakis, Darren Hurley-Smit, Raja Naeem Akram, Benjamin Semal

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Current Peer-to-Peer (P2P) energy market models raise serious concerns regarding the confidentiality and integrity of energy consumption, trading and billing data. While Distributed Ledger Technology (DLT) systems (e.g., blockchain) have been proposed to enhance security, an attacker could damage other parts of the model, such as its infrastructure: an adversarial attacker could target the communication between entities by, e.g., eavesdropping or modifying data. The main goal of this paper is to propose a model for a decentralised P2P marketplace for trading energy, which addresses the problem of developing security and privacy-aware environments. Additionally, a Multi-Agent System (MAS) architecture is presented with a focus on security and sustainability. In order to propose a solution to DLT’s scalability issues (i.e., through transaction confirmation delays), off-chain state channels are considered for the energy negotiation and resolution processes. Additionally, a STRIDE (spoofing, tampering, repudiation, information disclosure, denial of service, elevation of privilege) security analysis is conducted within the context of the proposed model to identify potential vulnerabilities.
Original languageEnglish
Article number606
Number of pages25
JournalEnergies
Volume14
Issue number3
DOIs
Publication statusPublished - 25 Jan 2021

Keywords

  • Smart grid
  • Security
  • STRIDE
  • Decentralised P2P Model
  • State Channel
  • Blockchain
  • Edge Computing

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