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IEEE Final Year Project Topic for CSE

Base Paper Title

Blockchain Electricity Trading Under Demurrage

Our Title

IEEE Project Abstract

This letter proposes a novel demurrage mechanismfor blockchain electricity marketplaces, whereby the redemptivevalue of energy-backed tokens declines with time. This mechanismis intended to reward organic price-responsive load shifting byincentivising the consumption of electricity when it is locallyabundant. To demonstrate how such a demurrage mechanismmight function in practice, this letter describes a mixed complementaritymodel of a notional token marketplace. These marketsimulations indicate that, in equilibrium and with rational actors,the demurrage mechanism creates price signals that temporallyalign the production and consumption of electricity.

Existing System

Drawback of Existing System

Proposed System

Advantage of Proposed System

Enhancement from Base Paper

Architecture

Technology Used : Hardware & Software

Existing Algorithm

Proposed Algorithm

Advantages of Proposed Algorithm

Project Modules

Literature Survey

Conclusion

Future Work

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