About
BEST Stromhandel is a private headquartered in Leipzig, Germany specializing in Solar, Wind, Energy Storage.
BEST (Blockchainbasiertes dezentrales Energiemarktdesign und Managementstruktur) is an experimental framework for regional energy communities. It enables electricity producers and consumers to automatically exchange electricity from renewable sources using a transparent, blockchain-based trading system. The platform incorporates machine learning for intelligent bidding strategies, real-time market operations near real-time trading speeds, and automated smart contract settlement. Core features include fair and transparent pricing, regional sourcing verification, network-friendly demand-supply coordination, and compatibility with distributed ledger technology. The project, funded by the German Federal Ministry for Economic Affairs and Climate Action, addresses regulatory challenges through simulation-based practical testing and evaluates various market mechanisms including hierarchical, multi-agent, and community-based approaches.
Headquarters
Leipzig, Germany
Company Type
Private