Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids

As a new direction of smart grids, the smart microgrid is a self-sufficient energy system that can generate and distribute energy in limited areas. However, existing work faces issues such as data privacy security, single-power supply mode, and unreasonable scheduling, which bring challenges to the...

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Main Authors: Yingming Zeng, Lan Wei, Yage Cheng, Haibin Zhang, Wen Sun, Bing Wang
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Electronics
Subjects:
Online Access:https://www.mdpi.com/2079-9292/12/13/2868
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author Yingming Zeng
Lan Wei
Yage Cheng
Haibin Zhang
Wen Sun
Bing Wang
author_facet Yingming Zeng
Lan Wei
Yage Cheng
Haibin Zhang
Wen Sun
Bing Wang
author_sort Yingming Zeng
collection DOAJ
description As a new direction of smart grids, the smart microgrid is a self-sufficient energy system that can generate and distribute energy in limited areas. However, existing work faces issues such as data privacy security, single-power supply mode, and unreasonable scheduling, which bring challenges to the application of smart microgrids. In light of this, we formalize a blockchain-based smart microgrid system, preserving the tracking capability of the system and ensuring the privacy of user data. In addition, we propose an intelligent dispatching scheme, in which meteorological factors are considered in power prediction and a prediction results-based intelligent allocation algorithm is designed. Furthermore, we introduce a credit bidding mechanism, which can make companies participate in the dispatching more fairly and proportionately. Numerical results show that our proposed scheme performs well in terms of prediction results and the cost of intelligent dispatching.
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spelling doaj.art-717f795849be49dca4f1c172a59b42e02023-11-18T16:24:36ZengMDPI AGElectronics2079-92922023-06-011213286810.3390/electronics12132868Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for MicrogridsYingming Zeng0Lan Wei1Yage Cheng2Haibin Zhang3Wen Sun4Bing Wang5School of Cyber Engineering, Xidian University, Xi’an 710071, ChinaSchool of Cyber Engineering, Xidian University, Xi’an 710071, ChinaSchool of Cyber Engineering, Xidian University, Xi’an 710071, ChinaSchool of Cyber Engineering, Xidian University, Xi’an 710071, ChinaSchool of Cybersecurity, Northwestern Polytechnical University, Xi’an 710072, ChinaSchool of Cyber Engineering, Xidian University, Xi’an 710071, ChinaAs a new direction of smart grids, the smart microgrid is a self-sufficient energy system that can generate and distribute energy in limited areas. However, existing work faces issues such as data privacy security, single-power supply mode, and unreasonable scheduling, which bring challenges to the application of smart microgrids. In light of this, we formalize a blockchain-based smart microgrid system, preserving the tracking capability of the system and ensuring the privacy of user data. In addition, we propose an intelligent dispatching scheme, in which meteorological factors are considered in power prediction and a prediction results-based intelligent allocation algorithm is designed. Furthermore, we introduce a credit bidding mechanism, which can make companies participate in the dispatching more fairly and proportionately. Numerical results show that our proposed scheme performs well in terms of prediction results and the cost of intelligent dispatching.https://www.mdpi.com/2079-9292/12/13/2868smart microgridintelligent dispatchingblockchain
spellingShingle Yingming Zeng
Lan Wei
Yage Cheng
Haibin Zhang
Wen Sun
Bing Wang
Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids
Electronics
smart microgrid
intelligent dispatching
blockchain
title Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids
title_full Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids
title_fullStr Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids
title_full_unstemmed Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids
title_short Blockchain-Enabled Intelligent Dispatching and Credit-Based Bidding for Microgrids
title_sort blockchain enabled intelligent dispatching and credit based bidding for microgrids
topic smart microgrid
intelligent dispatching
blockchain
url https://www.mdpi.com/2079-9292/12/13/2868
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AT haibinzhang blockchainenabledintelligentdispatchingandcreditbasedbiddingformicrogrids
AT wensun blockchainenabledintelligentdispatchingandcreditbasedbiddingformicrogrids
AT bingwang blockchainenabledintelligentdispatchingandcreditbasedbiddingformicrogrids