Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain
With the popularity of solar Photovoltaic (PV) power generation, the real-time interaction between distributed microgrids and large grids has become a new hotspot of concern. In distributed PV power trading, we aim to achieve a dynamic balance between PV users and the grid. This involves real-time p...
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Format: | Article |
Language: | English |
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MDPI AG
2023-11-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/16/23/7691 |
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author | Liangjiang Wei Wei Jian Baochuan Fu Baoping Jiang |
author_facet | Liangjiang Wei Wei Jian Baochuan Fu Baoping Jiang |
author_sort | Liangjiang Wei |
collection | DOAJ |
description | With the popularity of solar Photovoltaic (PV) power generation, the real-time interaction between distributed microgrids and large grids has become a new hotspot of concern. In distributed PV power trading, we aim to achieve a dynamic balance between PV users and the grid. This involves real-time power prediction for users, secure blockchain-based recording and protection of trading data, and efficient matching of microgrid and large-grid trading information, including pricing details. System simulations and experimental data analysis have demonstrated the benefits of this transaction model, including enhanced real-time interaction between microgrid and grid. For the buyer, the cost of purchasing electricity can be reduced by about 6%, and for the seller, the income from selling electricity is 1.5 times that of direct Internet access, which has positive significance in improving the income from selling electricity and reducing the cost of electricity for users. |
first_indexed | 2024-03-09T01:53:13Z |
format | Article |
id | doaj.art-bad74f89b8a94cf4818eaa281e3c9834 |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-09T01:53:13Z |
publishDate | 2023-11-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-bad74f89b8a94cf4818eaa281e3c98342023-12-08T15:14:23ZengMDPI AGEnergies1996-10732023-11-011623769110.3390/en16237691Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium BlockchainLiangjiang Wei0Wei Jian1Baochuan Fu2Baoping Jiang3School of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou 215009, ChinaSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou 215009, ChinaSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou 215009, ChinaSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou 215009, ChinaWith the popularity of solar Photovoltaic (PV) power generation, the real-time interaction between distributed microgrids and large grids has become a new hotspot of concern. In distributed PV power trading, we aim to achieve a dynamic balance between PV users and the grid. This involves real-time power prediction for users, secure blockchain-based recording and protection of trading data, and efficient matching of microgrid and large-grid trading information, including pricing details. System simulations and experimental data analysis have demonstrated the benefits of this transaction model, including enhanced real-time interaction between microgrid and grid. For the buyer, the cost of purchasing electricity can be reduced by about 6%, and for the seller, the income from selling electricity is 1.5 times that of direct Internet access, which has positive significance in improving the income from selling electricity and reducing the cost of electricity for users.https://www.mdpi.com/1996-1073/16/23/7691photovoltaic power generationdistributed microgridpower tradingconsortium blockchain |
spellingShingle | Liangjiang Wei Wei Jian Baochuan Fu Baoping Jiang Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain Energies photovoltaic power generation distributed microgrid power trading consortium blockchain |
title | Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain |
title_full | Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain |
title_fullStr | Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain |
title_full_unstemmed | Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain |
title_short | Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain |
title_sort | research on real time trading mechanism of photovoltaic microgrid based on the consortium blockchain |
topic | photovoltaic power generation distributed microgrid power trading consortium blockchain |
url | https://www.mdpi.com/1996-1073/16/23/7691 |
work_keys_str_mv | AT liangjiangwei researchonrealtimetradingmechanismofphotovoltaicmicrogridbasedontheconsortiumblockchain AT weijian researchonrealtimetradingmechanismofphotovoltaicmicrogridbasedontheconsortiumblockchain AT baochuanfu researchonrealtimetradingmechanismofphotovoltaicmicrogridbasedontheconsortiumblockchain AT baopingjiang researchonrealtimetradingmechanismofphotovoltaicmicrogridbasedontheconsortiumblockchain |