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 - Sep 2019 |
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All Science Journal Classification (ASJC) codes
- Energy Engineering and Power Technology
- Electrical and Electronic Engineering
Cite this
A Distributed Electricity Trading System in Active Distribution Networks Based on Multi-Agent Coalition and Blockchain. / Luo, Fengji; Dong, Zhao Yang; Liang, Gaoqi; Murata, Junichi; Xu, Zhao.
In: IEEE Transactions on Power Systems, Vol. 34, No. 5, 8494790, 09.2019, p. 4097-4108.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - A Distributed Electricity Trading System in Active Distribution Networks Based on Multi-Agent Coalition and Blockchain
AU - Luo, Fengji
AU - Dong, Zhao Yang
AU - Liang, Gaoqi
AU - Murata, Junichi
AU - Xu, Zhao
PY - 2019/9
Y1 - 2019/9
N2 - 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.
AB - 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.
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UR - http://www.scopus.com/inward/citedby.url?scp=85055031190&partnerID=8YFLogxK
U2 - 10.1109/TPWRS.2018.2876612
DO - 10.1109/TPWRS.2018.2876612
M3 - Article
AN - SCOPUS:85055031190
VL - 34
SP - 4097
EP - 4108
JO - IEEE Transactions on Power Systems
JF - IEEE Transactions on Power Systems
SN - 0885-8950
IS - 5
M1 - 8494790
ER -