In my final thesis, I researched electricity trading using new peer to peer trading technology. My goal was to research, if this kind of trading makes sense nowadays and how much we can save on electricity annually. I performed all calculations on the basis of data collected from my own self-sufficient solar power plant in 2020.
First, I researched the production of electricity in Slovenia with the help of solar radiation, then I presented the operation of solar power plants and their elements. In the following, I presented the wholesale and retail electricity market, which provided me with a basis for further research into new ways of trading. Peer to peer trading enables free and secure trading without intermediaries, as it is based on blockchain technology and smart contracts. In Slovenia, this area is represented by the company SunContract, which has developed an energy market where we can sell and buy electricity in a simple and safe way.
With various calculations and comparisons, I wanted to calculate the annual cost of purchased electricity in 2020 from an existing supplier and at the SunContract energy market. Based on the results, I concluded that in our case, such trading would not make the most sense, but the development of such technologies certainly offers certain advantages and improvements for the electricity market in Slovenia.
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