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Research on Decentralized Trading Strategy of Electricity Market Based on Blockchain Technology
Conference proceeding   Open access   Peer reviewed

Research on Decentralized Trading Strategy of Electricity Market Based on Blockchain Technology

Cenyue Chen, Yuan An and Jianing Li
2020 INTERNATIONAL CONFERENCE ON ENERGY, ENVIRONMENT AND BIOENGINEERING (ICEEB 2020), v 185, p1022
01 Jan 2020
url
https://doi.org/10.1051/e3sconf/202018501022View
Published, Version of Record (VoR) Open

Abstract

Energy & Fuels Engineering Engineering, Biomedical Engineering, Electrical & Electronic Environmental Sciences Environmental Sciences & Ecology Life Sciences & Biomedicine Science & Technology Technology
With the gradual opening of the bilateral electricity market and the increase in distributed new energy generation, under the new market structure, various types of members should be encouraged to develop flexible cooperation and competition models in the new situation in order to improve the operating efficiency in the electricity market, encouraging the reduction of operating costs to improve the economic benefits of the market. Based on the relevant theories of blockchain technology, this paper proposes a decentralized small-scale distribution network intra-network transaction model and market mechanism, which can eventually be truly decentralized and achieve a lower cost and high efficiency market.

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UN Sustainable Development Goals (SDGs)

This publication has contributed to the advancement of the following goals:

#7 Affordable and Clean Energy

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Web of Science research areas
Energy & Fuels
Engineering, Biomedical
Engineering, Electrical & Electronic
Environmental Sciences
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