Electric Vehicle Peer-to-Peer Energy Trading Model Based on SMES and Blockchain

2021 ◽  
pp. 1-1
Author(s):  
Zugang Li ◽  
Shi Chen ◽  
Buxiang Zhou
Keyword(s):  
Electric Vehicle ◽  
Peer To Peer ◽  
Energy Trading ◽  
Model Based ◽  
Trading Model

scholarly journals Credible Peer-to-Peer Trading with Double-Layer Energy Blockchain Network in Distributed Electricity Markets

Electronics ◽  
2021 ◽  
Vol 10 (15) ◽  
pp. 1815
Author(s):  
Longze Wang ◽  
Yu Xie ◽  
Delong Zhang ◽  
Jinxin Liu ◽  
Siyu Jiang ◽  
...  
Keyword(s):  
Double Layer ◽  
Electricity Markets ◽  
Electricity Market ◽  
Peer To Peer ◽  
Malicious Nodes ◽  
Energy Trading ◽  
Contract Performance ◽  
Trading Model ◽  
Consensus Information ◽  
Available Information

Blockchain-based peer-to-peer (P2P) energy trading is one of the most viable solutions to incentivize prosumers in distributed electricity markets. However, P2P energy trading through an open-end blockchain network is not conducive to mutual credit and the privacy protection of stakeholders. Therefore, improving the credibility of P2P energy trading is an urgent problem for distributed electricity markets. In this paper, a novel double-layer energy blockchain network is proposed that stores private trading data separately from publicly available information. This blockchain network is based on optimized cross-chain interoperability technology and fully considers the special attributes of energy trading. Firstly, an optimized ring mapping encryption algorithm is designed to resist malicious nodes. Secondly, a consensus verification subgroup is built according to contract performance, consensus participation and trading enthusiasm. This subgroup verifies the consensus information through the credit-threshold digital signature. Thirdly, an energy trading model is embedded in the blockchain network, featuring dynamic bidding and credit incentives. Finally, the Erenhot distributed electricity market in China is utilized for example analysis, which demonstrates the proposed method could improve the credibility of P2P trading and realize effective supervision.

A Peer-to-Peer energy trading market model based on time-driven prospect theory in a smart and sustainable energy community

2021 ◽  
Vol 28 ◽  
pp. 100542
Author(s):  
Sobhan Dorahaki ◽  
Masoud Rashidinejad ◽  
Seyed Farshad Fatemi Ardestani ◽  
Amir Abdollahi ◽  
Mohammad Reza Salehizadeh
Keyword(s):  
Prospect Theory ◽  
Sustainable Energy ◽  
Peer To Peer ◽  
Market Model ◽  
Energy Trading ◽  
Model Based ◽  
Trading Market ◽  
Energy Community

scholarly journals A peer-to-peer energy trading model for SMEs

2021 ◽  
Vol 7 (2) ◽  
pp. 27-35
Author(s):  
George SUCIU ◽  
◽  
Cristian BECEANU ◽  
Andreea BADICU ◽  
◽  
...  
Keyword(s):  
Peer To Peer ◽  
Energy Trading ◽  
Trading Model

scholarly journals Application of blockchain in integrated energy system transactions

2020 ◽  
Vol 165 ◽  
pp. 01014
Author(s):  
Jianhua Liu ◽  
Shengbo Sun ◽  
Zheng Chang ◽  
Bo Zhou ◽  
Yongli Wang ◽  
...  
Keyword(s):  
Energy Systems ◽  
Energy System ◽  
Peer To Peer ◽  
Energy Trading ◽  
Integrated Energy Systems ◽  
Blockchain Technology ◽  
Centralized Management ◽  
Trading Model ◽  
Integrated Energy System ◽  
Management Method

Blockchain technology is the underlying technology of Bitcoin, which is fair, transparent and decentralized. The integrated energy system has the characteristics of open interconnection, user-centered and distributed peer-to-peer sharing, and its energy trading model will also be developed centrally to distributed. The characteristics of blockchain technology make it naturally applicable to energy transactions in integrated energy systems. This article first analyzes the characteristics of the integrated energy system market and summarizes the participants in the market. Then, based on the existing research and analysis, a blockchain-based energy transaction architecture is designed, and a weakly centralized management method is introduced. finally, the problems and challenges faced by the application of blockchain in energy transactions are analyzed.

scholarly journals Peer-to-Peer Energy Trading in a Micro-grid Using Internet of Things and Blockchain

2021 ◽  
Vol 25 (2) ◽  
pp. 39-49
Author(s):  
Mirza Jabbar Aziz Baig ◽  
◽  
M. Tariq Iqbal ◽  
Mohsin Jamil ◽  
Jahangir Khan ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Internet Of Things ◽  
Low Cost ◽  
Peer To Peer ◽  
Sensor Data ◽  
Current Sensor ◽  
Renewable Energy Resources ◽  
Transfer Energy ◽  
Energy Trading ◽  
Trading Model

With advancements in renewable energy techno­logies, consumers are becoming prosumers, and renewable energy resources are being used in distributed networks. In an isolated distributed system, peer-to-peer (P2P) energy trading is one of the most promising energy management solutions. In this paper, we propose a P2P energy trading method for micro-grids using open resources and technology. The proposed setup comprises an Internet of Things (IoT) server to transfer energy amongst the peers without human intervention, and an Ethereum based private blockchain is suggested for money transfer in the form of cryptocurrency. The IoT server enables the peers to control and monitor self-produced energy. Arduino UNO, ACS 712 hall-effect current sensor, and a relay are the main components used in the hardware setup. The current sensor data is sent in real- time to Arduino for onward communication to the IoT server. A user-friendly interface has been developed on the server to perform various energy trading tasks. Peers have the choice to access the server remotely to perform energy trading tasks. The energy trading events can be shared amongst peers through e-mail notifications. For financial transactions, we utilized Ganache graphical user interface (GUI) a private Ethereum blockchain eliminating the need for financial institutions. The proposed peer-to-peer energy trading model has been successfully tested for energy trading between two peers. This paper provides details of the proposed hardware and software setup and explains how low-cost P2P energy trading can be achieved.

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