Secured Peer-to-Peer Energy Trading and Demand Response in Transactive Energy Systems

We present an energy trading system aimed at improving energy efficiency and reducing costs among a group of prosumers. Our methodology utilizes a decentralized peer-to-peer transaction framework to securely determine the energy requirements of individual consumers and align them with the available energy generated by producers in the same community. The experimental results demonstrate a substantial reduction in energy costs for participating consumers while simultaneously minimizing energy waste across the community. By offering an efficient and secure energy trading solution, our proposed mechanism has the potential for optimizing energy consumption and promoting economic sustainability within prosumer communities.