Project BASE.V

Blockchain-based peer-to-peer energy trading with stationary energy storage systems and electric vehicles in the flexible distribution grid

The BASE.V project examines the potential of a blockchain-based market in the distribution network. The integration of energy storage systems enables peer-to-peer energy trading as well as incentive-based congestion management by the distribution system operator. For this purpose, prosumers of a low-voltage network are connected as part of a demo project using blockchain gateways. To explore the maximum achievable potential, individual households are equipped with home storage and charging points for electric vehicles. In the project, the effects of the presented market concept on distribution network operators and electricity traders are examined and recommendations for action are derived. Agent-based simulations serve to map local market behavior in the distribution network. Battery storage systems are modeled in detail with efficiency characteristics and degradation functions to be able to determine the costs of each storage system according to the situation and thus implement the provision of flexibility in a decentralized, cost, and efficiency-optimal manner.