Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities
This paper presents a novel blockchain-based energy trading architecture for electric vehicles (EVs) within smart cities. By allowing local renewable energy providers to supply public charging stations, EV drivers can gain access to affordable energy and optimally plan for their charging operations....
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2020-01-01
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| Series: | IEEE Open Journal of Intelligent Transportation Systems |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/9125997/ |
| _version_ | 1819120446548738048 |
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| author | Noureddine Lasla Maryam Al-Ammari Mohamed Abdallah Mohamed Younis |
| author_facet | Noureddine Lasla Maryam Al-Ammari Mohamed Abdallah Mohamed Younis |
| author_sort | Noureddine Lasla |
| collection | DOAJ |
| description | This paper presents a novel blockchain-based energy trading architecture for electric vehicles (EVs) within smart cities. By allowing local renewable energy providers to supply public charging stations, EV drivers can gain access to affordable energy and optimally plan for their charging operations. For this purpose, we present a smart-contract based trading platform that runs on top of a private Ethereum network. Contrary to existing solutions, we rely on the legacy billing and metering of the existing utility company in order to avoid making major changes to the existing infrastructure. The trading logic, including the auction mechanism, used to exchange energy can be defined in a smart-contract and applied within the platform. We conduct extensive experiments to evaluate the performance of some existing auction mechanisms and the underlying private Ethereum network in supporting the corresponding energy trading transaction load. We develop a virtualization-based simulator for Ethereum and measure both the transaction throughput and latency under different network and workload scenarios. The obtained results have shown that the current Ethereum implementation can support charging requests from EVs during peak hours in very crowded cities, such as Singapore. |
| first_indexed | 2024-12-22T06:20:48Z |
| format | Article |
| id | doaj.art-6de63ae3cf09431b8c8c15a26164f632 |
| institution | Directory Open Access Journal |
| issn | 2687-7813 |
| language | English |
| last_indexed | 2024-12-22T06:20:48Z |
| publishDate | 2020-01-01 |
| publisher | IEEE |
| record_format | Article |
| series | IEEE Open Journal of Intelligent Transportation Systems |
| spelling | doaj.art-6de63ae3cf09431b8c8c15a26164f6322022-12-21T18:35:58ZengIEEEIEEE Open Journal of Intelligent Transportation Systems2687-78132020-01-011809210.1109/OJITS.2020.30048709125997Blockchain Based Trading Platform for Electric Vehicle Charging in Smart CitiesNoureddine Lasla0https://orcid.org/0000-0001-6685-9043Maryam Al-Ammari1Mohamed Abdallah2Mohamed Younis3https://orcid.org/0000-0003-3865-9217Division of Information and Computing Technology, College of Science and Engineering, Hamad Bin Khalifa University, Doha, QatarDivision of Information and Computing Technology, College of Science and Engineering, Hamad Bin Khalifa University, Doha, QatarDivision of Information and Computing Technology, College of Science and Engineering, Hamad Bin Khalifa University, Doha, QatarDepartment of Computer Science and Electrical Engineering, University of Maryland, Baltimore County, Baltimore, MD, USAThis paper presents a novel blockchain-based energy trading architecture for electric vehicles (EVs) within smart cities. By allowing local renewable energy providers to supply public charging stations, EV drivers can gain access to affordable energy and optimally plan for their charging operations. For this purpose, we present a smart-contract based trading platform that runs on top of a private Ethereum network. Contrary to existing solutions, we rely on the legacy billing and metering of the existing utility company in order to avoid making major changes to the existing infrastructure. The trading logic, including the auction mechanism, used to exchange energy can be defined in a smart-contract and applied within the platform. We conduct extensive experiments to evaluate the performance of some existing auction mechanisms and the underlying private Ethereum network in supporting the corresponding energy trading transaction load. We develop a virtualization-based simulator for Ethereum and measure both the transaction throughput and latency under different network and workload scenarios. The obtained results have shown that the current Ethereum implementation can support charging requests from EVs during peak hours in very crowded cities, such as Singapore.https://ieeexplore.ieee.org/document/9125997/Electric vehicleP2P energy tradingauctionblockchainsmart contracts |
| spellingShingle | Noureddine Lasla Maryam Al-Ammari Mohamed Abdallah Mohamed Younis Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities IEEE Open Journal of Intelligent Transportation Systems Electric vehicle P2P energy trading auction blockchain smart contracts |
| title | Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities |
| title_full | Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities |
| title_fullStr | Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities |
| title_full_unstemmed | Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities |
| title_short | Blockchain Based Trading Platform for Electric Vehicle Charging in Smart Cities |
| title_sort | blockchain based trading platform for electric vehicle charging in smart cities |
| topic | Electric vehicle P2P energy trading auction blockchain smart contracts |
| url | https://ieeexplore.ieee.org/document/9125997/ |
| work_keys_str_mv | AT noureddinelasla blockchainbasedtradingplatformforelectricvehiclecharginginsmartcities AT maryamalammari blockchainbasedtradingplatformforelectricvehiclecharginginsmartcities AT mohamedabdallah blockchainbasedtradingplatformforelectricvehiclecharginginsmartcities AT mohamedyounis blockchainbasedtradingplatformforelectricvehiclecharginginsmartcities |