Research on Real-Time Trading Mechanism of Photovoltaic Microgrid Based on the Consortium Blockchain

With the popularity of solar Photovoltaic (PV) power generation, the real-time interaction between distributed microgrids and large grids has become a new hotspot of concern. In distributed PV power trading, we aim to achieve a dynamic balance between PV users and the grid. This involves real-time p...

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Bibliographic Details
Published in:Energies (Basel) 2023-12, Vol.16 (23), p.7691
Main Authors: Wei, Liangjiang, Jian, Wei, Fu, Baochuan, Jiang, Baoping
Format: Article
Language:English
Subjects:
Analysis
Blockchain
Consortia
consortium blockchain
Data processing
distributed microgrid
Electric power production
Electricity
Energy industry
Energy trading
Information management
photovoltaic power generation
power trading
Privacy
Scheduling
Simulation methods
Solar energy industry
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Summary:With the popularity of solar Photovoltaic (PV) power generation, the real-time interaction between distributed microgrids and large grids has become a new hotspot of concern. In distributed PV power trading, we aim to achieve a dynamic balance between PV users and the grid. This involves real-time power prediction for users, secure blockchain-based recording and protection of trading data, and efficient matching of microgrid and large-grid trading information, including pricing details. System simulations and experimental data analysis have demonstrated the benefits of this transaction model, including enhanced real-time interaction between microgrid and grid. For the buyer, the cost of purchasing electricity can be reduced by about 6%, and for the seller, the income from selling electricity is 1.5 times that of direct Internet access, which has positive significance in improving the income from selling electricity and reducing the cost of electricity for users.
ISSN:1996-1073
1996-1073
DOI:10.3390/en16237691