Trustworthy V2G scheduling and energy trading: A blockchain-based framework

Fuente: arXiv
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Main Authors: Chen, Yunwang, Lei, Xiang, Niu, Songyan, Jian, Linni
Format: Preprint
Published: 2024
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author Chen, Yunwang
Lei, Xiang
Niu, Songyan
Jian, Linni
author_facet Chen, Yunwang
Lei, Xiang
Niu, Songyan
Jian, Linni
contents The rapid growth of electric vehicles (EVs) and the deployment of vehicle-to-grid (V2G) technology pose significant challenges for distributed power grids, particularly in fostering trust and ensuring effective coordination among stakeholders. Establishing a trustworthy V2G operation environment is crucial for enabling large-scale EV user participation and realizing V2G potential in real-world applications. In this paper, an integrated scheduling and trading framework is developed to conduct transparent and efficacious coordination in V2G operations. In blockchain implementation, a cyber-physical blockchain architecture is proposed to enhance transaction efficiency and scalability by leveraging smart charging points (SCPs) for rapid transaction validation through a fast-path practical byzantine fault tolerance (fast-path PBFT) consensus mechanism. From the energy dispatching perspective, a game-theoretical pricing strategy is employed and smart contracts are utilized for autonomous decision-making between EVs and operators, aiming to optimize the trading process and maximize economic benefits. Numerical evaluation of blockchain consensus shows the effect of the fast-path PBFT consensus in improving systems scalability with a balanced trade-off in robustness. A case study, utilizing real-world data from the Southern University of Science and Technology (SUSTech), demonstrates significant reductions in EV charging costs and the framework potential to support auxiliary grid services.
format Preprint
id arxiv_https___arxiv_org_abs_2407_13988
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Trustworthy V2G scheduling and energy trading: A blockchain-based framework
Chen, Yunwang
Lei, Xiang
Niu, Songyan
Jian, Linni
Systems and Control
Optimization and Control
The rapid growth of electric vehicles (EVs) and the deployment of vehicle-to-grid (V2G) technology pose significant challenges for distributed power grids, particularly in fostering trust and ensuring effective coordination among stakeholders. Establishing a trustworthy V2G operation environment is crucial for enabling large-scale EV user participation and realizing V2G potential in real-world applications. In this paper, an integrated scheduling and trading framework is developed to conduct transparent and efficacious coordination in V2G operations. In blockchain implementation, a cyber-physical blockchain architecture is proposed to enhance transaction efficiency and scalability by leveraging smart charging points (SCPs) for rapid transaction validation through a fast-path practical byzantine fault tolerance (fast-path PBFT) consensus mechanism. From the energy dispatching perspective, a game-theoretical pricing strategy is employed and smart contracts are utilized for autonomous decision-making between EVs and operators, aiming to optimize the trading process and maximize economic benefits. Numerical evaluation of blockchain consensus shows the effect of the fast-path PBFT consensus in improving systems scalability with a balanced trade-off in robustness. A case study, utilizing real-world data from the Southern University of Science and Technology (SUSTech), demonstrates significant reductions in EV charging costs and the framework potential to support auxiliary grid services.
title Trustworthy V2G scheduling and energy trading: A blockchain-based framework
topic Systems and Control
Optimization and Control
url https://arxiv.org/abs/2407.13988