LAPSE:2023.9763
Published Article
LAPSE:2023.9763
Blockchain Smart Contract-Enabled Secure Energy Trading for Electric Vehicles
February 27, 2023
In this paper, a blockchain-enabled energy trading method is proposed to deal with the inefficiency and security issues in energy trading for electric vehicles in smart grids. It includes the design of a smart contract and the excitation mechanism of energy sharing. The credit points of each vehicle as a node are considered in the design of the smart contract, which is used to supervise the process of energy trading. A strategy to estimate the credit points of each node and describe the excitation mechanism is illustrated. The connection between the credit points and the probability that a node would be accepted for energy trading has been established. To control the energy trading access, a double auction method is used to choose the part of the nodes participating in energy trading. Only selected nodes with winning bids can supply or request energy from the blockchain-based platform. Then it reaches the conclusion that the higher the credit points they have, the more trading initiative they would have during the energy transaction and transmission. The smart contract design and the excitation mechanism proposed in this paper would reward the vehicles that perform well and punish the beguiling vehicles for regulating the trading process.
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Keywords
blockchain, electric vehicles, energy trading, incentive mechanism, smart contract
Subject
Suggested Citation
Xue F, Chang K, Li W, Wang Q, Zhao H, Zhang H, Ni Y, Xia W. Blockchain Smart Contract-Enabled Secure Energy Trading for Electric Vehicles. (2023). LAPSE:2023.9763
Author Affiliations
Xue F: State Key Laboratory of Smart Grid Protection and Control, Nanjing 211106, China; NARI Group Corporation, Nanjing 211106, China
Chang K: State Key Laboratory of Smart Grid Protection and Control, Nanjing 211106, China; NARI Group Corporation, Nanjing 211106, China; School of Electrical Engineering and Automation, Harbin Institute of Technology, Harbin 150001, China
Li W: State Key Laboratory of Smart Grid Protection and Control, Nanjing 211106, China; NARI Group Corporation, Nanjing 211106, China
Wang Q: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China [ORCID]
Zhao H: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China
Zhang H: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China
Ni Y: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China; School of Mathematics and Information Technology, Jiangsu Second Normal University, Nanjing 210013, China
Xia W: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China [ORCID]
Chang K: State Key Laboratory of Smart Grid Protection and Control, Nanjing 211106, China; NARI Group Corporation, Nanjing 211106, China; School of Electrical Engineering and Automation, Harbin Institute of Technology, Harbin 150001, China
Li W: State Key Laboratory of Smart Grid Protection and Control, Nanjing 211106, China; NARI Group Corporation, Nanjing 211106, China
Wang Q: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China [ORCID]
Zhao H: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China
Zhang H: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China
Ni Y: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China; School of Mathematics and Information Technology, Jiangsu Second Normal University, Nanjing 210013, China
Xia W: College of Telecommunications and Information Engineering, Nanjing University of Posts and Telecommunications, Nanjing 210003, China [ORCID]
Journal Name
Energies
Volume
15
Issue
18
First Page
6733
Year
2022
Publication Date
2022-09-14
Published Version
ISSN
1996-1073
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Original Submission
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PII: en15186733, Publication Type: Journal Article
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LAPSE:2023.9763
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doi:10.3390/en15186733
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[v1] (Original Submission)
Feb 27, 2023
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Feb 27, 2023
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