Distributed Power Trading System Based on Blockchain Technology

Complexity 2021:1-12 (2021)
  Copy   BIBTEX


The power trading system has the characteristics of nonlinearity, dynamics, and complexity. Part of the business data in the trading system needs to be exposed to numerous external business systems. The traditional centralized power trading model has some problems, such as low data security and trust crisis of regulators. Blockchain technology provides prominent ideas for solving these problems. Firstly, the improved AdaBoost algorithm is used to predict the supply and demand gap of power trading nodes. Secondly, based on the fact that the information on the blockchain is only open to the power supply side, a two-stage game model of asymmetric information between the power supply side and the power user is constructed to capture the price competition behavior between them in order to find the Nash equilibrium price in two stages. Finally, the US PJM market electricity market data are used to carry out an example analysis to verify the effectiveness of the algorithm and model.



    Upload a copy of this work     Papers currently archived: 89,764

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Blockchain Technology in the Fiscal Process of Ukraine.Igor Britchenko & Cherniavska Tetiana - 2019 - Списание «Икономически Изследвания (Economic Studies)» 28 (5):134-148.
Philosophy of Blockchain Technology - Ontologies.Nicolae Sfetcu - 2019 - Bucharest, Romania: MultiMedia Publishing.


Added to PP

3 (#1,506,375)

6 months
2 (#652,025)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Yuanyuan Liu
University of Tennessee, Knoxville

Citations of this work

No citations found.

Add more citations

References found in this work

No references found.

Add more references