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 language | English |
|---|---|
| Article number | 8494790 |
| Pages (from-to) | 4097-4108 |
| Number of pages | 12 |
| Journal | IEEE Transactions on Power Systems |
| Volume | 34 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - Sept 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