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Zone-Based Privacy-Preserving Billing for Local Energy Market Based on Multiparty Computation. (arXiv:2307.08778v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
This paper proposes a zone-based privacy-preserving billing protocol for
local energy markets that takes into account energy volume deviations of market
participants from their bids. Our protocol incorporates participants' locations
on the grid for splitting the deviations cost. The proposed billing model
employs multiparty computation so that the accurate calculation of individual
bills is performed in a decentralised and privacy-preserving manner. We also
present a security analysis as well as performance evaluations for different
security settings. The results show superiority …
account billing computation cost energy grid local market markets privacy protocol