Research on Decentralized Trading Strategy of Electricity Market Based on Blockchain Technology

• Main Authors: Chen Cenyue, An Yuan, Li Jianing
• Format: Article
• Language: English
• Published: EDP Sciences 2020-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/45/e3sconf_iceeb2020_01022.pdf

With the gradual opening of the bilateral electricity market and the increase in distributed new energy generation, under the new market structure, various types of members should be encouraged to develop flexible cooperation and competition models in the new situation in order to improve the operating efficiency in the electricity market, encouraging the reduction of operating costs to improve the economic benefits of the market. Based on the relevant theories of blockchain technology, this paper proposes a decentralized small-scale distribution network intra-network transaction model and market mechanism, which can eventually be truly decentralized and achieve a lower cost and high efficiency market.