2021
DOI: 10.3390/electronics10030307
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A Novel Power Market Mechanism Based on Blockchain for Electric Vehicle Charging Stations

Abstract: This work presents a novel blockchain-based energy trading mechanism for electric vehicles consisting of day-ahead and real-time markets. In the day-ahead market, electric vehicle users submit their bidding price to participate in the double auction mechanism. Subsequently, the smart match mechanism will be conducted by the charging system operator, to meet both personal interests and social benefits. After clearing the trading result, the charging system operator uploads the trading contract made in the day-a… Show more

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Cited by 31 publications
(13 citation statements)
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“…The EV is a part of such system, which can be enhanced through the blockchain. Using blockchain in EVs not only improves the household's participation in the electricity markets but also drastically reduces the negative impact on the energy distribution network [69]. These seminal works are comprehensively summarized in Table 3.…”
Section: A Panoramic Overview Of Blockchain For Evmentioning
confidence: 99%
“…The EV is a part of such system, which can be enhanced through the blockchain. Using blockchain in EVs not only improves the household's participation in the electricity markets but also drastically reduces the negative impact on the energy distribution network [69]. These seminal works are comprehensively summarized in Table 3.…”
Section: A Panoramic Overview Of Blockchain For Evmentioning
confidence: 99%
“…Huang et al [89] proposed a Blockchain-based system to enable BEVs to trade energy using day-ahead and real-time trading markets. Users of BEVs submit their price offers to participate in a double auction.…”
Section: Ref Focusmentioning
confidence: 99%
“…The challenge of using such a system is that it requires careful study to make its operation optimal, and in turn, it reduces the EV charging costs [124]. Huang et al have proposed a blockchain-based market mechanism to optimize both charging and discharging behaviors of EVs [125].…”
Section: Open Electricity Marketmentioning
confidence: 99%