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

Autor: Hao Tang, Weiwei Miao, Zeng Zeng, Zhang Mingming, Meiya Dong
Rok vydání: 2021
Předmět:
Zdroj: IEEE Access, Vol 9, Pp 70061-70070 (2021)
ISSN: 2169-3536
DOI: 10.1109/access.2021.3076746
Popis: 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 $DS^{2}$ 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. $DS^{2}$ is implemented and evaluated on a private Ethereum blockchain. We show that $DS^{2}$ achieves a mean absolute percentage error (MAPE) of 12.8% compared with the offline optimal method through extensive simulations on the real-world dataset.
Databáze: OpenAIRE