Energy trading systems on blockchain networks
Main Article Content
Abstract
Traditional energy trading system has some weakness in terms of network attack. So blockchain is considered for P2P energy trading systems to evade network attacks. We consider three energy trading systems on blockchain which are centralized energy trading system with one producer, P2P energy trading system with DSO and P2P energy trading system with smart contract. And we compared P2P energy trading systems on running in terms of transaction fees. By using blockchain, users can reduce transaction fees then make more benefits.
Downloads
Article Details
Copyright (c) 2020 Song JG, et al.

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Licensing and protecting the author rights is the central aim and core of the publishing business. Peertechz dedicates itself in making it easier for people to share and build upon the work of others while maintaining consistency with the rules of copyright. Peertechz licensing terms are formulated to facilitate reuse of the manuscripts published in journals to take maximum advantage of Open Access publication and for the purpose of disseminating knowledge.
We support 'libre' open access, which defines Open Access in true terms as free of charge online access along with usage rights. The usage rights are granted through the use of specific Creative Commons license.
Peertechz accomplice with- [CC BY 4.0]
Explanation
'CC' stands for Creative Commons license. 'BY' symbolizes that users have provided attribution to the creator that the published manuscripts can be used or shared. This license allows for redistribution, commercial and non-commercial, as long as it is passed along unchanged and in whole, with credit to the author.
Please take in notification that Creative Commons user licenses are non-revocable. We recommend authors to check if their funding body requires a specific license.
With this license, the authors are allowed that after publishing with Peertechz, they can share their research by posting a free draft copy of their article to any repository or website.
'CC BY' license observance:
License Name |
Permission to read and download |
Permission to display in a repository |
Permission to translate |
Commercial uses of manuscript |
CC BY 4.0 |
Yes |
Yes |
Yes |
Yes |
The authors please note that Creative Commons license is focused on making creative works available for discovery and reuse. Creative Commons licenses provide an alternative to standard copyrights, allowing authors to specify ways that their works can be used without having to grant permission for each individual request. Others who want to reserve all of their rights under copyright law should not use CC licenses.
Nurzhan Z, Davor S (2018) Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams. IEEE Transaction on Dependable and Secure Computing 15. Link: https://bit.ly/2NVJzEt
Gary SA (2009) Single Point of Failure: The 10 essential laws of supply chain risk management. John Wiley and Sons. Link: https://bit.ly/31MOAHq
Matthew T (2003) IP spoofing: an introduction.
Douceur JR (2002) The sybil attack. International Workshop on Peer-to-Peer Systems 251-260. Link: https://bit.ly/31MOUpC
Alynch, Gary S (2009) Single Point of Failure: The 10 essential laws of supply chain risk management. John Wiley and Sons 320. Link: https://bit.ly/31MOAHq
Aitzhan NZ, Svetinovic D (2018) Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams. IEEE Transactions on Dependable and Secure Computing 15. Link: https://bit.ly/2NVJzEt
Zikratov I, Kuzmin A, Akimenko V, Niculichev V, Yalansky L (2017) Ensuring data integrity using blockchain technology. Conference of Open Innovations Association (FRUCT) Link: https://bit.ly/2ZHi9aQ
Natoli C, Gramoli V (2016) The Balance Attack Against Proof-Of-Work Blockchains: The R3 Testbed as an Example. Computer Science. Link: https://bit.ly/2NWoE3R
Esther M, Johannes G, Kerstin R, Scott K, Lawrence O, et al. (2018) Designing microgrid energy markets: A case study: The Brooklyn Microgrid. Applied Energy 210: 870-880. Link: https://bit.ly/3dZQYgp
Johnston J (2017) Peer-to-Peer Energy Matching: Transparency, Choice, and Locational Grid Pricing. Innovation and Disruption at the Grid's Edge How Distributed Energy Resources are Disrupting the Utility Business Model 319-330.
Mylrea M, Gourisetti SNG (2017) Blockchain for smart grid resilience. Exchanging distributed energy at speed, scale and security. 18-23. Link: https://bit.ly/2O0LR5g
Mylrea M, Gourisetti SNG (2017) Blockchain: A path to grid modernization and cyber resiliency. North American Power Symposium (NAPS). Link: https://bit.ly/2AwpPE7
Zhang C, Wu J, Zhou Y, Cheng M, Long C (2018) Peer-to-Peer energy trading in a Microgrid. Applied Energy 220: 1-12. Link: https://bit.ly/2VN6gPy
Androulaki E, Barger A, Bortnikov V, Cachin C, Christidis K, et al. (2018) Hyperledger fabric: a distributed operating system for permissioned blockchains, EuroSys '18: Proceedings of the Thirteenth EuroSys Conference 1-15. Link: https://bit.ly/31ULYXU
Li X, Jiang P, Chen T, Luo X, Wen Q (2017) A survey on the Security of Blockchain Systems. Future Generation Computer Systems 107: 841-853. Link: https://bit.ly/2C6UTe7