Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market

Bibliographic Details
Main Author: Morgado, Miguel Assis Alves
Publication Date: 2024
Format: Master thesis
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10362/176165
Summary: Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and Management
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spelling Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized MarketPeer-to-peer Energy TradingBlockchainAutomated Market Maker DesignPhotovoltaic Solar EnergySDG 7 - Affordable and clean energySDG 11 - Sustainable cities and communitiesDomínio/Área Científica::Ciências Naturais::Ciências da Computação e da InformaçãoDissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and ManagementSustainable consumption and energy production is a subject of rising importance given the current global climate change agenda. Here is where Peer-to-peer electricity trading plays an important role, as it incentivizes consumers to become prosumers and produce energy by investing in photovoltaic panels, lowering their costs and reducing peak demand. However, there are still challenges in the adoption of this technology, more specifically: a trading platform without central authorities that market participants can trust with real-time supply and demand clearance. To address these issues, this research proposed an Automated Market Maker based on the Ethereum blockchain, which would take care of it all together, given that it clears the market by itself, providing fair trading based on real-time supply and demand. Furthermore, given its nature in the blockchain, it provides a decentralized secure and transparent platform. The results were achieved through a fork of both Uniswap V2 and V3 to compare which performed better, through scripts that inserted data of solar energy consumption and generation, transforming it into trades later in the decentralized exchange. After two different market simulations, it was possible to see that Uniswap V3 performed better, due to the concept of concentrated liquidity, which allowed prosumers to only provide liquidity in the interval to which the price is beneficial to them and to consumers.Scott, Ian JamesRUNMorgado, Miguel Assis Alves2024-10-292026-10-29T00:00:00Z2024-10-29T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/176165TID:203779100enginfo:eu-repo/semantics/embargoedAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-01-13T01:43:56Zoai:run.unl.pt:10362/176165Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T19:17:49.003104Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
title Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
spellingShingle Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
Morgado, Miguel Assis Alves
Peer-to-peer Energy Trading
Blockchain
Automated Market Maker Design
Photovoltaic Solar Energy
SDG 7 - Affordable and clean energy
SDG 11 - Sustainable cities and communities
Domínio/Área Científica::Ciências Naturais::Ciências da Computação e da Informação
title_short Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
title_full Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
title_fullStr Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
title_full_unstemmed Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
title_sort Automated Market Maker in Peer-to-peer Energy Trading: A Novel Approach to Decentralized Market
author Morgado, Miguel Assis Alves
author_facet Morgado, Miguel Assis Alves
author_role author
dc.contributor.none.fl_str_mv Scott, Ian James
RUN
dc.contributor.author.fl_str_mv Morgado, Miguel Assis Alves
dc.subject.por.fl_str_mv Peer-to-peer Energy Trading
Blockchain
Automated Market Maker Design
Photovoltaic Solar Energy
SDG 7 - Affordable and clean energy
SDG 11 - Sustainable cities and communities
Domínio/Área Científica::Ciências Naturais::Ciências da Computação e da Informação
topic Peer-to-peer Energy Trading
Blockchain
Automated Market Maker Design
Photovoltaic Solar Energy
SDG 7 - Affordable and clean energy
SDG 11 - Sustainable cities and communities
Domínio/Área Científica::Ciências Naturais::Ciências da Computação e da Informação
description Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and Management
publishDate 2024
dc.date.none.fl_str_mv 2024-10-29
2024-10-29T00:00:00Z
2026-10-29T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/176165
TID:203779100
url http://hdl.handle.net/10362/176165
identifier_str_mv TID:203779100
dc.language.iso.fl_str_mv eng
language eng
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dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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