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
N1 - Funding Information:
Manuscript received August 30, 2017; revised April 29, 2018 and September 3, 2018; accepted October 7, 2018. Date of publication October 17, 2018; date of current version August 22, 2019. This work was supported in part by the Australian Research Council Discovery Projects DP170103427 and DP180103217; in part by the Visiting Scholarship of State Key Laboratory of Power Transmission Equipment and System Security and New Technology (Chongqing University, China) (2007DA10512716401); and in part by Hong Kong Polytechnic University through under Grant G-YBY1 and Grant G-SB77. Paper no. TPWRS-01338-2017. (Corresponding author: Fengji Luo.) F. Luo is with the School of Civil Engineering, The University of Sydney, Camperdown, NSW 2006, Australia (e-mail:,fengji.luo@sydney.edu.au).
Publisher Copyright:
© 1969-2012 IEEE.
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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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 -