Multi-microgrid marketized transaction models and algorithms based on smart contracts

Facing the problems of high cost, low efficiency and low transparency existing in the traditional transmission and distribution networks under the centralized management, and the demand for maximizing the interests of all players in the multi-microgrid system, a fair bidding rule and multi-objective...

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Main Authors: LI Fen, LI Jin, WU Songqi, ZHANG Senlin, LU Yueming
Format: Article
Language:English
Published: POSTS&TELECOM PRESS Co., LTD 2020-08-01
Series:网络与信息安全学报
Subjects:
Online Access:http://www.infocomm-journal.com/cjnis/CN/10.11959/j.issn.2096-109x.2020023
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author LI Fen
LI Jin, WU Songqi, ZHANG Senlin, LU Yueming
author_facet LI Fen
LI Jin, WU Songqi, ZHANG Senlin, LU Yueming
author_sort LI Fen
collection DOAJ
description Facing the problems of high cost, low efficiency and low transparency existing in the traditional transmission and distribution networks under the centralized management, and the demand for maximizing the interests of all players in the multi-microgrid system, a fair bidding rule and multi-objective dynamic planning model were established. Using blockchain trusted ledger and smart contract technology, a decentralized, transparent, open and information symmetrical market-oriented transaction model was established to ensure the interests of all parties. The simulation results show that the model allocation strategy can effectively balance the interests of market participants, and verify the applicability and effectiveness of the bidding rules in multi microgrid market-oriented transaction.
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spelling doaj.art-fa167f07e9cd47639bf7b1fb20be524b2022-12-21T23:32:29ZengPOSTS&TELECOM PRESS Co., LTD网络与信息安全学报2096-109X2020-08-0164566610.11959/j.issn.2096-109x.2020023Multi-microgrid marketized transaction models and algorithms based on smart contractsLI Fen0LI Jin, WU Songqi, ZHANG Senlin, LU Yueming1Shenzhen Power Supply Bureau Co., LTD, Shenzhen 518000, ChinaSchool of Cyberspace Security, Beijing University of Posts and Telecommunications, Beijing 100876, ChinaFacing the problems of high cost, low efficiency and low transparency existing in the traditional transmission and distribution networks under the centralized management, and the demand for maximizing the interests of all players in the multi-microgrid system, a fair bidding rule and multi-objective dynamic planning model were established. Using blockchain trusted ledger and smart contract technology, a decentralized, transparent, open and information symmetrical market-oriented transaction model was established to ensure the interests of all parties. The simulation results show that the model allocation strategy can effectively balance the interests of market participants, and verify the applicability and effectiveness of the bidding rules in multi microgrid market-oriented transaction.http://www.infocomm-journal.com/cjnis/CN/10.11959/j.issn.2096-109x.2020023blockchainmulti-microgridsmart contractmarket-oriented transaction
spellingShingle LI Fen
LI Jin, WU Songqi, ZHANG Senlin, LU Yueming
Multi-microgrid marketized transaction models and algorithms based on smart contracts
网络与信息安全学报
blockchain
multi-microgrid
smart contract
market-oriented transaction
title Multi-microgrid marketized transaction models and algorithms based on smart contracts
title_full Multi-microgrid marketized transaction models and algorithms based on smart contracts
title_fullStr Multi-microgrid marketized transaction models and algorithms based on smart contracts
title_full_unstemmed Multi-microgrid marketized transaction models and algorithms based on smart contracts
title_short Multi-microgrid marketized transaction models and algorithms based on smart contracts
title_sort multi microgrid marketized transaction models and algorithms based on smart contracts
topic blockchain
multi-microgrid
smart contract
market-oriented transaction
url http://www.infocomm-journal.com/cjnis/CN/10.11959/j.issn.2096-109x.2020023
work_keys_str_mv AT lifen multimicrogridmarketizedtransactionmodelsandalgorithmsbasedonsmartcontracts
AT lijinwusongqizhangsenlinluyueming multimicrogridmarketizedtransactionmodelsandalgorithmsbasedonsmartcontracts