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
Creative Commons Attribution
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},
      note = {\url{https://eprint.iacr.org/2016/797}},
      url = {https://eprint.iacr.org/2016/797}
}
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