Wang, Bozhi and Xu, Jinfei and Ke, Jin and Chen, C. L. Philip and Wang, Junyu and Wang, Nanxin and Li, Xi and Zhang, Fangfei and Li, Lulu (2023) CE-SDT: A new blockchain-based distributed community energy trading mechanism. Frontiers in Energy Research, 10. ISSN 2296-598X
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Abstract
With the spread of distributed renewable energy, residents are shifting from being mere consumers to being energy producers and consumers. This role shift poses challenges to the electricity trading mechanism that connects distributed renewable energy sources to the grid. In this paper, a new efficient and secure blockchain-based distributed community energy trading mechanism is proposed, called CE-SDT. Our system is proved to be stable and scalable. It can also help shift loads and power peaks and reduce customer costs by 60%. As a result, our proposed blockchain-based trading mechanism, as compared to the centralized trading mechanism, is applied to microgrids formed by distributed renewable energy sources, not only obtaining greater economic benefits but also reducing the carbon footprint of residents, and furthermore, it promotes low or zero-carbon configurations of the power system, thereby achieving certain environmental benefits.
Item Type: | Article |
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Subjects: | Bengali Archive > Energy |
Depositing User: | Unnamed user with email support@bengaliarchive.com |
Date Deposited: | 29 Apr 2023 06:53 |
Last Modified: | 06 Jul 2024 07:59 |
URI: | http://science.archiveopenbook.com/id/eprint/980 |