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.
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