A Distributed Electricity Trading System in Active Distribution Networks Based on Multi-Agent Coalition and Blockchain

Fengji Luo, Zhao Yang Dong, Gaoqi Liang, Junichi Murata, Zhao Xu

Research output: Journal article publicationJournal articleAcademic researchpeer-review

69 Citations (Scopus)

Abstract

The prevalence of distributed energy resources encourages the concept of an electricity 'Prosumer (Producer and Consumer)'. This paper proposes a distributed electricity trading system to facilitate the peer-to-peer electricity sharing among prosumers. The proposed system includes two layers. In the first layer, a multi-agent system is designed to support the prosumer network, and an agent coalition mechanism is proposed to enable the prosumers to form coalitions and negotiate electricity trading. In the second layer, a Blockchain based transaction settlement mechanism is proposed to enable the trusted and secure settlement of electricity trading transactions formed in the first layer. Simulations are conducted based on the java agent development environment to validate the proposed electricity trading process.

Original languageEnglish
Article number8494790
Pages (from-to)4097-4108
Number of pages12
JournalIEEE Transactions on Power Systems
Volume34
Issue number5
DOIs
Publication statusPublished - Sep 2019

Keywords

  • Active distribution network
  • Blockchain
  • multi-agent coalition
  • power market
  • prosumer
  • transactive grid

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

Cite this