A Blockchain Based Approach for Event-driven Peer to Peer Energy Trading

【Author】 Liu, Yongqing; Huang, Qibin; Li, Zihao; Wang, Zhen; Wang, Xiaohui; Wu, Hang; Huang, Hui; Wen, Fushuan

【Source】2023 IEEE IAS GLOBAL CONFERENCE ON RENEWABLE ENERGY AND HYDROGEN TECHNOLOGIES, GLOBCONHT

【影响因子】

【Abstract】With the ever-increasing integration of distributed generation in the distribution system and the deregulation of power industry, some new-type entities emerge and could play both roles as producers and consumers of electricity, i.e. the so-called prosumers. The occurrence of prosumers promotes local electricity energy utilization and enhances the accommodation capability for small-capacity intermittent renewable energy-based generation units through peer-to-peer (P2P) transactions. In this context, an event driven P2P electric energy trading mechanism based on the blockchain platform is proposed. Firstly, an event driven electricity trading mechanism is established based on the smart contract in blockchain technology. Secondly, the market clearing model is established, and a distributed algorithm is used for market clearing and settlement. Finally, an energy trading platform is built through the Ganache client in the Ethereum network. Case studies and numerical analysis demonstrate that the proposed trading mechanism is feasible and effective.

【Keywords】distributed generation; prosumer; peer-to-peer (P2P) trading; blockchain

【发表时间】2023

【收录时间】2023-06-25

【文献类型】理论模型

【主题类别】

区块链应用-实体经济-能源领域