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

doi:10.1109/TPWRS.2018.2876612

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

Section of Measurement and Control Engineering

Research output: Contribution to journal › Article › peer-review

32 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 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	https://doi.org/10.1109/TPWRS.2018.2876612
Publication status	Published - Sep 2019

All Science Journal Classification (ASJC) codes

Energy Engineering and Power Technology
Electrical and Electronic Engineering

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

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.",

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