Flexibility Trading Platform—Using Blockchain to Create the Most Efficient Demand-side Response Trading Market
Paul Ellis and Joanna Hubbard, Electron, London, United Kingdom
Abstract
Electron has developed a Blockchain trading platform to enable a more liquid, transparent, and efficient market for demand-side response (DSR) actions.
The electricity grid is increasingly challenging to balance due to large proportions of intermittent, inflexible renewable generation. As flexibility is lost from the supply side, it must be found on the demand side. DSR incentivizes energy user flexibility, and DSR actions are often lower in carbon and price than many existing traditional balancing actions. Consequently, this is an important market with ...
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