Create a Decentralized P2P Energy Trading System
Enable households and producers to trade electricity directly on a blockchain-based marketplace, ensuring transparency, automation, and energy equity.Centralized electricity grids lack transparency and flexibility, especially for small-scale renewable energy producers. Blockchain enables a decentralized, trustless system where individuals can trade excess energy directly and securely.
Build a smart contract-powered marketplace where users with solar panels or other renewable sources can sell their surplus energy to nearby consumers at fair prices, verified and settled on-chain.
Smart Energy Contracts
Automate buying and selling based on energy availability, demand, and pricing logic.
Tokenized Energy Units
Represent kilowatt-hours (kWh) as tokens that can be transferred peer-to-peer.
Real-Time Metering Integration
Connect smart meters or IoT sensors to log and verify energy generation and usage.
Transparent Pricing and History
Users can view historical prices, energy flow, and peer transactions for full transparency.
Producers and consumers register on a Web3 platform. Producers log available energy via IoT devices, and consumers place bids through the DApp. Smart contracts handle match-making, pricing, settlement, and recordkeeping. Energy tokens represent transferable energy credits.
- Solidity smart contracts for trade matching and settlement
- ERC-20 tokens representing energy credits (kWh)
- IoT integration for metering via external oracles or sensors
- React frontend for user dashboards and live trading
- Wallet-based authentication and energy wallet balances
Blockchain
Ethereum, Polygon, or EnergyWeb Chain
Smart Contracts
Solidity with token issuance, trade logic, and event logging
Frontend
React.js + Ethers.js for trading interface and metering stats
IoT Integration
MQTT or REST APIs from smart meters; Chainlink for oracle data
1. Develop Energy Token Smart Contract
Implement an ERC-20 token that represents kilowatt-hours (kWh) with mint/burn functions.
2. Build Trading Smart Contract
Create a contract to handle listings, bids, trades, and settlement between peers.
3. Connect Smart Meter Data
Use oracles or MQTT APIs to verify energy generated and consumed in real-time.
4. Design Frontend for Buyers and Sellers
Allow users to manage energy balances, place offers, and view trade history in a clean UI.
5. Simulate Grid and Trade Scenarios
Run mock energy trades on testnet to validate pricing models and power flows.
Democratize Energy with Decentralized Trading
Launch a peer-powered energy marketplace that empowers clean energy producers and builds trust with blockchain.
Share your thoughts
Love to hear from you
Please get in touch with us for inquiries. Whether you have questions or need information. We value your engagement and look forward to assisting you.
Contact Us
Contact us to seek help from us, we will help you as soon as possible
contact@projectmart.inCustomer Service
Contact us to seek help from us, we will help you as soon as possible
+91 7676409450Text NowGet in touch
Our friendly team would love to hear from you.
