Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)

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Research on Blockchain-Based Distributed Power Trading Technology

Authors
Ning Xu1, *, Bo Zhou1, Nan Xu1, Jing Nie1, Yongli Wang2, Yanan Wang2, Yiran Liu2
1State Grid Hebei Electric Power Co., Ltd, Company, Hebei, Shijiazhuang, China
2North China Electric Power University, Company, Beijing, China
*Corresponding author. Email: 120202206303@ncepu.edu.cn
Corresponding Author
Ning Xu
Available Online 10 August 2023.
DOI
10.2991/978-94-6463-198-2_108How to use a DOI?
Keywords
Distributed Energy Trading; Blockchain; Decentralized Architecture
Abstract

With the continuous promotion of the energy revolution strategy, the supply side and demand side of energy is changing dramatically, especially the large-scale access to distributed power sources such as wind turbines and photovoltaics, which brings a great impact on the operation and transaction of distribution network. Considering the characteristics of blockchain technology such as high data security, mutual trust in transactions, and programmable smart contracts, the article first constructs a blockchain-based distributed power trading system architecture from six layers: data layer, network layer, consensus layer, incentive layer, contract layer, and application layer; Secondly, proposes a distributed power peer-to-peer trading mechanism and simulates power trading in a distribution grid trading scenario with a large number of distributed power accesses. Finally, the test proves that the above mechanism can play a role in improving economic efficiency and transaction security.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
Series
Atlantis Highlights in Computer Sciences
Publication Date
10 August 2023
ISBN
978-94-6463-198-2
ISSN
2589-4900
DOI
10.2991/978-94-6463-198-2_108How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ning Xu
AU  - Bo Zhou
AU  - Nan Xu
AU  - Jing Nie
AU  - Yongli Wang
AU  - Yanan Wang
AU  - Yiran Liu
PY  - 2023
DA  - 2023/08/10
TI  - Research on Blockchain-Based Distributed Power Trading Technology
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 1045
EP  - 1052
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_108
DO  - 10.2991/978-94-6463-198-2_108
ID  - Xu2023
ER  -