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The long overdue redesign of the European power system requires a break-up of the main energy pools into smaller, regional and distributed energy generators. This small- scale on-site production of renewable energy can contribute positively to demand response, which will help to relieve congestion and thus to reduce cost. Owing to blockchain-based smart contracts, prosumers are encouraged to get involved in direct trade using the peer-to-peer network. This technology can provide users withdoi:10.25365/thesis.64417 fatcat:377v5ihxrfbxhcdmfw6ea2j3cq