TY - GEN
T1 - A P2P Electricity Trading System by Integrating Blockchain with Optimization
AU - Zhang, Jie
AU - Ye, Hongxing
N1 - Publisher Copyright:
© 2023 IEEE.
PY - 2023
Y1 - 2023
N2 - With numerous distributed energy sources as participants, blockchain shows great potential in the peer-to-peer electricity markets. However, blockchain originally is designed for finical system, and are not fully suitable for cyber-physical systems. This paper proposes a P2P power trading method, in which an optimal solution proof mechanism is designed. It combines the consensus mechanism with the optimization problems of the physical system which are difficult to solve but easy to verify, saving computing power therefore. Meanwhile, we redesign the blockchain structure. The power grid operation status is recorded in the block body, so that the link between blockchains is integrated into the physical state transfer constraints. As for the trading mechanism, a real-time transaction mechanism based on smart contract is proposed according to the mechanism and mode of energy trading. The simulation of transactions in a decentralized power trading system validates the proposed power trading method.
AB - With numerous distributed energy sources as participants, blockchain shows great potential in the peer-to-peer electricity markets. However, blockchain originally is designed for finical system, and are not fully suitable for cyber-physical systems. This paper proposes a P2P power trading method, in which an optimal solution proof mechanism is designed. It combines the consensus mechanism with the optimization problems of the physical system which are difficult to solve but easy to verify, saving computing power therefore. Meanwhile, we redesign the blockchain structure. The power grid operation status is recorded in the block body, so that the link between blockchains is integrated into the physical state transfer constraints. As for the trading mechanism, a real-time transaction mechanism based on smart contract is proposed according to the mechanism and mode of energy trading. The simulation of transactions in a decentralized power trading system validates the proposed power trading method.
KW - Blockchain
KW - Cyber-Physical Systems
KW - Distributed Energy Transaction
KW - Optimal Solution Proof Mechanism
UR - https://www.scopus.com/pages/publications/85166218434
U2 - 10.1109/CEEPE58418.2023.10167053
DO - 10.1109/CEEPE58418.2023.10167053
M3 - 会议稿件
AN - SCOPUS:85166218434
T3 - 2023 6th International Conference on Energy, Electrical and Power Engineering, CEEPE 2023
SP - 1383
EP - 1388
BT - 2023 6th International Conference on Energy, Electrical and Power Engineering, CEEPE 2023
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 6th International Conference on Energy, Electrical and Power Engineering, CEEPE 2023
Y2 - 12 May 2023 through 14 May 2023
ER -