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The power market is changing with the development of distributed energy. The development of the micro-grid introduces a small power generation system for distributed energy. It has become a trend for the micro-grid to participate in the power market. Blockchain is a database technology with transparent distribution through a decentralization mechanism. In the blockchain, the transaction data are maintained by entire nodes in the power market. It solves the trust problem between the transaction agents. Intelligent contract technology can make transaction contracts computerized and executed automatically, which has dramatically improved transaction efficiency. In this paper, an intelligent contract for the power transaction is analyzed based on the concepts of the blockchain. The roles of the micro-grid and the related intelligent contract technologies in the power market are also investigated in the electricity reform. Finally, a blockchain scheme for point-to-point trading is designed for future purposes. © 2020, Springer Nature Singapore Pte Ltd.
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