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A communication scheme for blockchain based peer to peer energy trading

Version 2 2024-06-02, 14:09
Version 1 2021-01-19, 08:11
conference contribution
posted on 2024-06-02, 14:09 authored by Shama IslamShama Islam, MA Mahmud, Aman Maung Than OoAman Maung Than Oo
In this paper, a new low-latency communication scheme is designed for blockchain based peer to peer (P2P) energy trading. The proposed scheme ensures that the energy supply/demand mismatch information is extracted more reliably in P2P energy trading and the participants do not lose profit due to errors. This scheme allows neighbouring prosumers equipped with home energy management system (HEMS) to cooperate by forwarding the extracted information from each other’s energy transaction blocks. The error performance of this scheme has been derived and compared with a direct decode-and-forward (DF) scheme, which has much higher latency. The numerical simulation results demonstrate that the proposed scheme can transfer the energy mismatch information with more accuracy compared to the direct DF scheme and achieve the expected profits when worst case error performannce is considered. On the other hand, the proposed scheme can achieve the same average error performance as direct DF with a constant SNR penalty that does not degrade with channel conditions.

History

Pagination

1-5

Location

Montreal, Quebec

Start date

2020-08-02

End date

2020-08-06

ISSN

1944-9925

eISSN

1944-9933

ISBN-13

9781728155081

Language

eng

Publication classification

E1 Full written paper - refereed

Title of proceedings

PESGM 2020 : Proceedings of the 2019 IEEE Power & Energy Society General Meeting

Event

IEEE Power & Energy Society. General Meeting (2020 : Montreal, Quebec)

Publisher

IEEE

Place of publication

Piscataway, N.J.