Decentralized Energy cooperative model (DECM)

The Decentralized Energy Cooperative Model (DECM) is a community-driven ownership system that enables peer-to-peer (P2P) energy trading using blockchain technology, hosted on AWS cloud platform. This model allows individuals, households, and small businesses to generate, store, share, and trade renewable energy while maintaining transparency, security, and efficiency.

The DECM consists of the following components:

1.1 Decentralized Energy Cooperative (DEC)

     A community-owned organization that facilitates and governs energy trading among 

     participants. It ensures fair pricing, maintains the blockchain network, and coordinates grid 

     interactions.

1.2 Renewable Energy Producers (Prosumers)

     Participants who generate renewable energy (solar, wind, hydro, or biomass-based energy) 

     and either consume or sell excess energy.

1.3 Energy Consumers

     Community members who purchase energy from prosumers via the P2P energy trading

     platform.

1.4 Blockchain-Based P2P Energy Trading Platform

     A smart contract-driven platform that enables real-time trading of energy with transparent

     pricing, instant settlements, and secure transactions.

1.5 AWS Cloud Infrastructure

     A secure, scalable, and AI-driven cloud platform that provides computing power, data storage,

     real-time analytics, and integration with IoT-based Triton's Smart Metres.

1.6 Energy Storage Systems (ESS)

     Battery storage systems, Triton's Garage-to-Grid (G2G) technology, Triton's SolidStor Energy, 

     hydrogen storage, Triton's Magnesium Hydride Hydrogen Fuel Cell that help prosumers store

     excess energy for trading or future use, increasing grid stability.

1.7 IoT-Enabled Triton's Smart Metres

     Devices that track energy generation, consumption, and transactions, providing real-time data

     for transparent trading.

1.8 Decentralized Finance (DeFi) & Tokenized Energy Credits

     A DeFi ecosystem for Microfinance, lending, and credit mechanism using blockchain-based

     energy tokens to facilitate transactions.  

The following step-by-step process describes how the Decentralized Energy Cooperative Model operates:

Step 1: Community Onboarding & Smart Contract Creation

   * Participants register on the platform via the AWS cloud-based portal.

   * Blockchain-based self-executing smart contracts are created for each member, outlining:

     - Energy production/consumption limits

     - Pricing mechanisms

     - Settlement terms

     - membership rights & responsibilities

Step 2: Energy Generation, Monitoring, and Storage

   * Prosumers generate renewable energy through solar panels, wind turbines, hydro systems, or

     biomass-to-energy units.

   * IoT-enabled smart metres track real-time energy production nand consumption.

   * Excess energy is either:

     - Stored in battery systems (Energy Storage Systems, ESS)

     - Traded on the P2P energy marketplace

Step 3: Blockchain-Powered P2P Energy Trading

   * The AWS-based blockchain platform records energy production nand consumption.

   * Smart contracts automate P2P transactions:

     - Consumers submit a buy request (e.g., 5 kWh at $0.10/kWh).

     - Prosumers list their energy supply (e.g., 10 kWh available at $0.09/kWh).

     - The AI-driven matching algorithm finds the best price match.

     - Smart contracts execute the trade, ensuring secure and transparent transactions.

     - Payments are settled in tokenized energy credits (e.g., an ERC-20 token or stablemcoin).

Step 4: Dynamic Pricing & Market Optimization

   * The AWS AI/ML engine dynamically adjusts energy prices based on:

     - Demand-supply fluctuations

     - Weather conditions (solar/wind availability)

     - Grid load and battery storage levels

   * Consumers and prosumers can set automatic trading preferences for optimized energy costs.

Step 5: Energy Distribution & Grid Management

   * If there's surplus energy, it can be:

     - Traded within the cooperative (peer-to-peer)

     - Stored for later use

     - Sold back to the national grid via grid-tied agreements

   * The AWS IoT Greengrass framework optimizes grid interactions, preventing overloads.

Step 6: Tokenized Energy Credits & Decentralized Finance (DeFi)

   * Transactions are settled using blockchain-based tokens.

   * DeFi lending mechanism allow users to:

     - Earn interest on stored energy

     - Borrow energy credits based on their historical trading performance

     - Trade energy credits in secondary markets

Step 7: Community Governance via DAO

   * A Decentralized Autonomous Organization (DAO) governs cooperative decisions, including:

     - Pricing adjustments

     - Infrastructure upgrades

     - New member approvals

   * Governance decisions are made via community voting on the blockchain.

The Decentralized Energy Cooperative Model (DECM) offers a community-driven, blockchain-powered approach to P2P energy trading. By leveraging AWS cloud services, AI/ML, IoT, and DeFi, DECM promotes economic empowerment, sustainability, and energy resilience. This model democratizes energy access, enabling communities worldwide to generate, store, and trade renewable power efficiently.