arrow
Return

A Data-Driven Approach for Blockchain-Based Smart Grid System

delete2021-01-01
delete9
delete
OA
AI
Z
Zeng Zeng
M
Meiya Dong
W
Weiwei Miao *
M
Mingming Zhang
H
Hao Tang
DOI:10.1109/ACCESS.2021.3076746delete
deleteOriginal
deleteShare
deleteSave
View PDF
Abstract

Abstract

En 中文
The smart grid is emerging as a future paradigm for power networks. While it has many successful applications, peer-to-peer trading in the local energy market (LEM) is still challenging due to the lack of security and trading mechanisms. In this paper, we design a data-driven, secure, and smart solution DS2 to address this problem. We first propose a five-layer design of LEM based on blockchain. We then model peer-to-peer trading in LEM as a cost minimization problem and derive an efficient online solution leveraging matrix factorization and integer linear programming. DS2 is implemented and evaluated on a private Ethereum blockchain. We show that DS2 achieves a mean absolute percentage error (MAPE) of 12.8% compared with the offline optimal method through extensive simulations on the real-world dataset.
Keywords:
Smart grid
LEM
P2P trading
blockchain
AI Summary

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

IEEE Access cover
IEEE Access
IF:
3.6
Papers:
9.8W
Citations:
29.4W

Organization

S
State Grid Corporation of China
Scholars:
6.5K
Papers: 5.2K
Citations: 1.7K
T
Taiyuan University of Technology
Scholars:
2.2W
Papers: 1.4W
Citations: 1.8W