Paper 2016/797
An MPC-based Privacy-Preserving Protocol for a Local Electricity Trading Market
Aysajan Abidin, Abdelrahaman Aly, Sara Cleemput, and Mustafa A. Mustafa
Abstract
This paper proposes a decentralised and privacy-preserving local electricity trading market. The proposed market employs a bidding protocol based upon secure multiparty computations and allows users to trade their excess electricity among themselves. The bid selection and calculation of the clearance price at which the electricity is traded are performed by the market in a decentralised and privacy-preserving manner. We implemented the market in C++ and tested its performance with realistic data sets. Our simulation results show that the market tasks can be performed for 2500 bids in less than five minutes in the online phase, showing its feasibility for a typical electricity trading period of, for example, 30 minutes.
Metadata
- Available format(s)
-
PDF
- Category
- Applications
- Publication info
- Preprint. MINOR revision.
- Keywords
- Secure Multiparty ComputationLocal Electricity Trading MarketSmart GridRenewable Energy SourceSecurity and Privacy
- Contact author(s)
-
aysajan abidin @ esat kuleuven be
abdelrahaman aly @ esat kuleuven be
sara cleemput @ esat kuleuven be
mustafa mustafa @ esat kuleuven be - History
- 2016-08-25: revised
- 2016-08-24: received
- See all versions
- Short URL
- https://ia.cr/2016/797
- License
-
CC BY
BibTeX
@misc{cryptoeprint:2016/797,
author = {Aysajan Abidin and Abdelrahaman Aly and Sara Cleemput and Mustafa A. Mustafa},
title = {An {MPC}-based Privacy-Preserving Protocol for a Local Electricity Trading Market},
howpublished = {Cryptology {ePrint} Archive, Paper 2016/797},
year = {2016},
url = {https://eprint.iacr.org/2016/797}
}
