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Integrated Energy Transaction Mechanisms Based on Blockchain Technology
- Source :
- Energies, Volume 11, Issue 9, Energies, Vol 11, Iss 9, p 2412 (2018)
- Publication Year :
- 2018
- Publisher :
- Multidisciplinary Digital Publishing Institute, 2018.
-
Abstract
- With the rapid development of distributed renewable energy (DRE), demand response (DR) programs, and the proposal of the energy internet, the current centralized trading of the electricity market model is unable to meet the trading needs of distributed energy. As a decentralized and distributed accounting mode, blockchain technology fits the requirements of distributed energy to participate in the energy market. Corresponding to the transaction principle, a blockchain-based integrated energy transaction mechanism is proposed, which divides the trading process into two stages: the call auction stage and the continues auction stage. The transactions among the electricity and heat market participants were used as examples to explain the details of the trading process. Finally, the smart contracts of the transactions were designed and deployed on the Ethereum private blockchain site to demonstrate the validity of the proposed transaction scheme.
- Subjects :
- blockchain
Control and Optimization
Blockchain
Computer science
020209 energy
decentralized market
Energy Engineering and Power Technology
transaction scheme design
02 engineering and technology
lcsh:Technology
Demand response
0202 electrical engineering, electronic engineering, information engineering
Electricity market
Energy market
Electrical and Electronic Engineering
Engineering (miscellaneous)
Renewable Energy, Sustainability and the Environment
business.industry
lcsh:T
020206 networking & telecommunications
integrated energy transaction
Renewable energy
Distributed generation
Electricity
business
Telecommunications
Database transaction
Energy (miscellaneous)
Subjects
Details
- Language :
- English
- ISSN :
- 19961073
- Database :
- OpenAIRE
- Journal :
- Energies
- Accession number :
- edsair.doi.dedup.....ed10b55c581cfd504758d96bb5d066f2
- Full Text :
- https://doi.org/10.3390/en11092412