A consortium blockchain based energy trading scheme for Electric Vehicles in smart cities

2021 ◽  
Vol 63 ◽  
pp. 102998
Author(s):  
Rabiya Khalid ◽  
Muhammad Waseem Malik ◽  
Turki Ali Alghamdi ◽  
Nadeem Javaid
Author(s):  
Pronaya Bhattacharya ◽  
Sudeep Tanwar ◽  
Umesh Bodkhe ◽  
Ashwani Kumar ◽  
Neeraj Kumar

2021 ◽  
Vol 13 (14) ◽  
pp. 7962
Author(s):  
Prince Waqas Khan ◽  
Yung-Cheol Byun

The world is moving rapidly from carbon-producing vehicles to green transportation systems. Electric vehicles (EV) are a big step towards a friendly mode of transport. With the constant rise in the number of electric vehicles, we need a widespread and seamless charging infrastructure that supports seamless charging and billing. Some users generate electricity using solar panels and charge their electric vehicles. In contrast, some use charging stations, and they pay for vehicle charging. This raises the question of trust and transparency. There are many countries where laws are not strictly enforced to prevent fraud in payment systems. One of the preeminent problems presently existing with any of the trading systems is the lack of transparency. The service provider can overcharge the customer. Blockchain is a modern-day solution that mitigates trust and privacy issues. We have proposed a peer-to-peer energy trading and charging payment system for electric vehicles based on blockchain technology. Users who have excess electricity which they can sell to the charging stations through smart contracts. Electric vehicle users can pay the charging bills through electronic wallets. We have developed the electric vehicle’s automatic-payment system using the open-source platform Hyperledger fabric. The proposed system will reduce human interaction and increase trust, transparency, and privacy among EV participants. We have analyzed the resource utilization and also performed average transaction latency and throughput evaluation. This system can be helpful for the policymakers of smart cities.


Author(s):  
Mohamed Baza ◽  
Ramy Amer ◽  
Amar Rasheed ◽  
Gautam Srivastava ◽  
Mohamed Mahmoud ◽  
...  

2021 ◽  
pp. 103199
Author(s):  
Muhammad Adil ◽  
M. A. Parvez Mahmud ◽  
Abbas Kouzani ◽  
SuiYang Khoo

2022 ◽  
Vol 307 ◽  
pp. 118241
Author(s):  
Mohamed Lotfi ◽  
Tiago Almeida ◽  
Mohammad S. Javadi ◽  
Gerardo J. Osório ◽  
Cláudio Monteiro ◽  
...  

2018 ◽  
Vol 8 (10) ◽  
pp. 1749 ◽  
Author(s):  
Mohamed Ahmed ◽  
Young-Chon Kim

Energy trading with electric vehicles provides opportunities to eliminate the high peak demand for electric vehicle charging while providing cost saving and profits for all participants. This work aims to design a framework for local energy trading with electric vehicles in smart parking lots where electric vehicles are able to exchange energy through buying and selling prices. The proposed architecture consists of four layers: the parking energy layer, data acquisition layer, communication network layer, and market layer. Electric vehicles are classified into three different types: seller electric vehicles (SEVs) with an excess of energy in the battery, buyer electric vehicles (BEVs) with lack of energy in the battery, and idle electric vehicles (IEVs). The parking lot control center (PLCC) plays a major role in collecting all available offer/demand information among parked electric vehicles. We propose a market mechanism based on the Knapsack Algorithm (KPA) to maximize the PLCC profit. Two cases are considered: electric vehicles as energy sellers and the PLCC as an energy buyer, and electric vehicles as energy buyers and the PLCC as an energy seller. A realistic parking pattern of a parking lot on a university campus is considered as a case study. Different scenarios are investigated with respect to the number of electric vehicles and amount of energy trading. The proposed market mechanism outperforms the conventional scheme in view of costs and profits.


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