Journal ArticleDOI
Enabling Localized Peer-to-Peer Electricity Trading Among Plug-in Hybrid Electric Vehicles Using Consortium Blockchains
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TLDR
Numerical results indicate that the double auction mechanism can achieve social welfare maximization while protecting privacy of the PHEVs and security analysis shows that the proposed PETCON improves transaction security and privacy protection.Abstract:
We propose a localized peer-to-peer (P2P) electricity trading model for locally buying and selling electricity among plug-in hybrid electric vehicles (PHEVs) in smart grids Unlike traditional schemes, which transport electricity over long distances and through complex electricity transportation meshes, our proposed model achieves demand response by providing incentives to discharging PHEVs to balance local electricity demand out of their own self-interests However, since transaction security and privacy protection issues present serious challenges, we explore a promising consortium blockchain technology to improve transaction security without reliance on a trusted third party A localized P 2P E lectricity T rading system with CO nsortium blockchai N (PETCON) method is proposed to illustrate detailed operations of localized P2P electricity trading Moreover, the electricity pricing and the amount of traded electricity among PHEVs are solved by an iterative double auction mechanism to maximize social welfare in this electricity trading Security analysis shows that our proposed PETCON improves transaction security and privacy protection Numerical results based on a real map of Texas indicate that the double auction mechanism can achieve social welfare maximization while protecting privacy of the PHEVsread more
Citations
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Journal ArticleDOI
Framework design and optimal bidding strategy for ancillary service provision from a peer-to-peer energy trading community
TL;DR: In this paper, a framework was proposed to enable ancillary service provision from a P2P energy trading community, creating additional value for both customers in the community and power systems.
Journal ArticleDOI
Privacy-Preserving Peer-to-Peer Energy Trading in Blockchain-Enabled Smart Grids Using Functional Encryption
TL;DR: A P2P energy trading system on a blockchain where all bids are encrypted and peer matching is performed on the encrypted bids by a functional encryption-based smart contract, which guarantees that the information encoded in theencrypted bids is protected.
Journal ArticleDOI
Blockchain for the Internet of Vehicles: A Decentralized IoT Solution for Vehicles Communication Using Ethereum.
Rateb Jabbar,Rateb Jabbar,Mohamed Kharbeche,Khalifa N. Al-Khalifa,Moez Krichen,Kamel Barkaoui +5 more
TL;DR: In this paper, the authors developed a blockchain-based IoT system in order to establish secure communication and create an entirely decentralized cloud computing platform for vehicle-to-everything (V2X) communications.
Journal ArticleDOI
Peer-to-peer, community self-consumption, and transactive energy: A systematic literature review of local energy market models
Timothy Capper,Anna Gorbatcheva,Mustafa A. Mustafa,Mohamed Bahloul,Jan Marc Schwidtal,Ruzanna Chitchyan,Merlinda Andoni,Valentin Robu,Mehdi Montakhabi,Ian J. Scott,Christina Francis,Tanaka Mandy Mbavarira,Juan Espana,Lynne Kiesling +13 more
TL;DR: In this article , a review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models and identifies five evidence gaps which require future research before these markets could be widely adopted, including the lack of: consideration of physical constraints; a holistic approach to market design and operation; consideration about how these market designs will scale; consideration of information security; and, consideration of market participant privacy.
Journal ArticleDOI
Privacy-Preserving Blockchain-Based Energy Trading Schemes for Electric Vehicles
Mohamed Baza,Ahmed Sherif,Mohamed E. Mahmoud,Spiridon Bakiras,Waleed Alasmary,Mohamed Abdallah,Xiaodong Lin +6 more
TL;DR: Wang et al. as mentioned in this paper proposed a privacy-preserving charging station-to-vehicle (CS2V) energy trading scheme, which is useful in crowded cities where there is a need for a charging infrastructure that can charge many EVs daily.
References
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Book
Convex Optimization
Stephen Boyd,Lieven Vandenberghe +1 more
TL;DR: In this article, the focus is on recognizing convex optimization problems and then finding the most appropriate technique for solving them, and a comprehensive introduction to the subject is given. But the focus of this book is not on the optimization problem itself, but on the problem of finding the appropriate technique to solve it.
Journal ArticleDOI
Rate control for communication networks: shadow prices, proportional fairness and stability
TL;DR: This paper analyses the stability and fairness of two classes of rate control algorithm for communication networks, which provide natural generalisations to large-scale networks of simple additive increase/multiplicative decrease schemes, and are shown to be stable about a system optimum characterised by a proportional fairness criterion.
Proceedings ArticleDOI
A Secure Sharding Protocol For Open Blockchains
TL;DR: ELASTICO is the first candidate for a secure sharding protocol with presence of byzantine adversaries, and scalability experiments on Amazon EC2 with up to $1, 600$ nodes confirm ELASTICO's theoretical scaling properties.
Journal ArticleDOI
Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams
TL;DR: This paper has implemented a proof-of-concept for decentralized energy trading system using blockchain technology, multi-signatures, and anonymous encrypted messaging streams, enabling peers to anonymously negotiate energy prices and securely perform trading transactions.
Journal ArticleDOI
Cognitive machine-to-machine communications: visions and potentials for the smart grid
TL;DR: A CM2M communications architecture for the smart grid is presented, for which an energy-efficiency driven spectrum discovery scheme is presented and significant energy saving and the reliability in supporting data transmissions in thesmart grid are demonstrated.