Bit-Energy: An Innovative Bitcoin-style Distributed Transactional Model for a Competitive Electricity Market

被引:0
|
作者
Luo, Jingwei [1 ]
Su, Wencong [1 ]
Huang, Alex Q. [2 ]
机构
[1] Univ Michigan Dearborn, Dept Elect & Comp Engn, Dearborn, MI 48128 USA
[2] North Carolina State Univ, Dept Elect & Comp Engn, NSF FREEDM Syst Ctr, Raleigh, NC USA
来源
2017 IEEE POWER & ENERGY SOCIETY GENERAL MEETING | 2017年
关键词
Electricity Market; Internet-of-Things (IoT); Bitcoin; and Distribution System Operator (DSO);
D O I
暂无
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
This paper proposes an innovative Bitcoin-style distributed transactional model, "Bit-Energy," to enable transparent, auditable, and peer-to-peer energy transactions between active market participants directly without a central intermediary (e.g., distribution system operator) using radically different Internet-of-Things (IoT) technologies. The proposed distributed platform is fully compatible with the existing distribution grid infrastructure. Case studies demonstrate the accuracy, robustness, effectiveness, and scalability of the proposed Bit-Energy platform under various operating conditions. The distributed platform contained in this paper can apply to many other smart grid applications.
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页数:5
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