Back to Search Start Over

Distributed Power Trading System Based on Blockchain Technology

Authors :
Shuguo Chen
Weibin Ding
Zhongzheng Xiang
Yuanyuan Liu
Source :
Complexity, Vol 2021 (2021)
Publication Year :
2021
Publisher :
Hindawi-Wiley, 2021.

Abstract

The power trading system has the characteristics of nonlinearity, dynamics, and complexity. Part of the business data in the trading system needs to be exposed to numerous external business systems. The traditional centralized power trading model has some problems, such as low data security and trust crisis of regulators. Blockchain technology provides prominent ideas for solving these problems. Firstly, the improved AdaBoost algorithm is used to predict the supply and demand gap of power trading nodes. Secondly, based on the fact that the information on the blockchain is only open to the power supply side, a two-stage game model of asymmetric information between the power supply side and the power user is constructed to capture the price competition behavior between them in order to find the Nash equilibrium price in two stages. Finally, the US PJM market electricity market data are used to carry out an example analysis to verify the effectiveness of the algorithm and model.

Details

Language :
English
ISSN :
10762787 and 10990526
Volume :
2021
Database :
Directory of Open Access Journals
Journal :
Complexity
Publication Type :
Academic Journal
Accession number :
edsdoj.828dc63998cb4e9b86829d27c2e85baf
Document Type :
article
Full Text :
https://doi.org/10.1155/2021/5538195