A Consortium Blockchain-Enabled Double Auction Mechanism for Peer-to-Peer Energy Trading among Prosumers
Shichang Cui,
Shuang Xu,
Fei Hu
et al.
Abstract:This paper investigates a double auction-based peer-to-peer (P2P) energy trading market for a community of renewable prosumers with private information on reservation price and quantity of energy to be traded. A novel competition padding auction (CPA) mechanism for P2P energy trading is proposed to address the budget deficit problem while holding the advantages of the widely-used Vickrey-Clarke-Groves mechanism. To illustrate the theoretical properties of the CPA mechanism, the sufficient conditions are identi… Show more
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