Alqueria
Blockchain-Based Energy Marketplace Development
Pages
11
Time to read
4 mins
Publication
Language
English
Pages
11
Time to read
4 mins
Publication
Language
English
This document is a technical report detailing the Blockchain DER project initiated by Celsia in collaboration with Colciencias. The project aims to develop an innovative software solution to transform the retail energy market, particularly for small-scale self-generators in Colombia. It outlines the project's objective to streamline energy trading, creating a secure environment for consumers and generators to engage in the purchase and sale of clean energy. The report describes the use of blockchain technology to facilitate peer-to-peer energy transactions, ensuring efficient and transparent operations. Key components of the project include Hyperledger Fabric, Cosmos DB, and Azure Kubernetes Service, which support the platform's microservices architecture. The document also discusses measurable impacts such as the validation of blockchain use for energy trading, technical validation of the platform, and the assessment of integration with existing systems. Additionally, it reviews legal and regulatory barriers and identifies market opportunities for blockchain-based energy solutions.