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DecentraREC - A Renewable Energy Community Management Platform

DecentraREC is an attempt to create a fully decentralized currency and energy exchange using DLT for the effect.

Note: This repository is in active development.

Smart Contracts

This repository contains the following Solidity smart contracts:

  1. Device.sol
  2. Market.sol
  3. MeasurementFactory.sol
  4. OffersFactory.sol
  5. Payments.sol

Getting Started

Prerequisites

Make sure you have the following installed before proceeding:

  • Solidity Compiler
  • Ethereum Development Environment (e.g., Truffle, Hardhat)
  • Node.js and npm

Installation

  1. Clone the repository:

    git clone https://github.com/AnBapDan/DecentraREC.git
cd DecentraREC

  2. Install dependencies:

    npm install

Deployment

In Development

Usage

In Development

Contracts Overview

Device Contract

  • Description: Devices must be created and allowed by a REC Manager entity. Therefore, this contract serves as an entrypoint for registering and acceptance of a member to a community

Market Contract

  • Description: This contract is in Development. It is here that the different asks and bids are grouped at specific timestamps and processed to create Payments (a register for grouping consumers, prosumers and their exchanging energy and price).

Measurement Contract

  • Description: A contract called periodically, by allowed community devices, to create periodic measurements for that timestamp.

Offers Contract

  • Description: Offers objective consist in creating Asks or Bids depending on the 2 consecutive measurements registered for a specific period, as well as defining the price limits (maximum price per energy consumed // minimum price per energy produced)

5. Payments.sol

  • Description: Payments is the contract where the price per energy exchange is created and registered.

What needs to be developed

  • Simple Market Algorithm
  • Develop Asks and Bids Contract
  • Adopt more Complex Markets
  • Unit Testing
  • Minimize Usage Fees
  • Front-End visualization