A unified model of peer to peer energy trade and electric vehicle charging using blockchains

Subhasis Thakur; Barry P. Hayes; John G. Breslin

doi:10.1049/cp.2018.1909

A unified model of peer to peer energy trade and electric vehicle charging using blockchains

Subhasis Thakur
, Barry P. Hayes
, John G. Breslin

University of Galway

Research output: Chapter in Book/Report/Conference proceedings › Conference proceeding › peer-review

Abstract

In this paper we develop a trade model that integrates peer to peer energy trade with Electric Vehicle (EV) charging infrastructure. As an energy distribution network may not allow energy transfer among microgrids, in the proposed trade model, each microgrid operates one local charging station and microgrids form coalitions to trade EV charging requests among themselves for the optimal utilisation of renewable energy. Our main contribution is a multifaceted marketplace using blockchain where prosumers, microgrids and EVs participate in energy trade. Using blockchains, we present distributed scalable computation methods for trade decisions which are robust against malicious and faulty participants.

Original language	English
Title of host publication	IET Conference Publications
Publisher	Institution of Engineering and Technology
Edition	CP759
ISBN (Print)	9781785617911, 9781839531330
DOIs	https://doi.org/10.1049/cp.2018.1909
Publication status	Published - 2018
Externally published	Yes
Event	Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion, MEDPOWER 2018 - Dubrovnik, Croatia Duration: 12 Nov 2018 → 15 Nov 2018

Publication series

Name	IET Conference Publications
Number	CP759
Volume	2018

Conference

Conference	Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion, MEDPOWER 2018
Country/Territory	Croatia
City	Dubrovnik
Period	12/11/18 → 15/11/18

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Access to Document

10.1049/cp.2018.1909

Cite this

@inproceedings{4211d4e63beb499ea2aa5aef2e2d5d2c,

title = "A unified model of peer to peer energy trade and electric vehicle charging using blockchains",

abstract = "In this paper we develop a trade model that integrates peer to peer energy trade with Electric Vehicle (EV) charging infrastructure. As an energy distribution network may not allow energy transfer among microgrids, in the proposed trade model, each microgrid operates one local charging station and microgrids form coalitions to trade EV charging requests among themselves for the optimal utilisation of renewable energy. Our main contribution is a multifaceted marketplace using blockchain where prosumers, microgrids and EVs participate in energy trade. Using blockchains, we present distributed scalable computation methods for trade decisions which are robust against malicious and faulty participants.",

author = "Subhasis Thakur and Hayes, \{Barry P.\} and Breslin, \{John G.\}",

note = "Publisher Copyright: {\textcopyright} 2018 Institution of Engineering and Technology. All rights reserved.; Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion, MEDPOWER 2018 ; Conference date: 12-11-2018 Through 15-11-2018",

year = "2018",

doi = "10.1049/cp.2018.1909",

language = "English",

isbn = "9781785617911",

series = "IET Conference Publications",

publisher = "Institution of Engineering and Technology",

number = "CP759",

booktitle = "IET Conference Publications",

address = "United Kingdom",

edition = "CP759",

}

Thakur, S, Hayes, BP & Breslin, JG 2018, A unified model of peer to peer energy trade and electric vehicle charging using blockchains. in IET Conference Publications. CP759 edn, IET Conference Publications, no. CP759, vol. 2018, Institution of Engineering and Technology, Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion, MEDPOWER 2018, Dubrovnik, Croatia, 12/11/18. https://doi.org/10.1049/cp.2018.1909

A unified model of peer to peer energy trade and electric vehicle charging using blockchains. / Thakur, Subhasis; Hayes, Barry P.; Breslin, John G.
IET Conference Publications. CP759. ed. Institution of Engineering and Technology, 2018. (IET Conference Publications; Vol. 2018, No. CP759).

Research output: Chapter in Book/Report/Conference proceedings › Conference proceeding › peer-review

TY - GEN

T1 - A unified model of peer to peer energy trade and electric vehicle charging using blockchains

AU - Thakur, Subhasis

AU - Hayes, Barry P.

AU - Breslin, John G.

PY - 2018

Y1 - 2018

N2 - In this paper we develop a trade model that integrates peer to peer energy trade with Electric Vehicle (EV) charging infrastructure. As an energy distribution network may not allow energy transfer among microgrids, in the proposed trade model, each microgrid operates one local charging station and microgrids form coalitions to trade EV charging requests among themselves for the optimal utilisation of renewable energy. Our main contribution is a multifaceted marketplace using blockchain where prosumers, microgrids and EVs participate in energy trade. Using blockchains, we present distributed scalable computation methods for trade decisions which are robust against malicious and faulty participants.

AB - In this paper we develop a trade model that integrates peer to peer energy trade with Electric Vehicle (EV) charging infrastructure. As an energy distribution network may not allow energy transfer among microgrids, in the proposed trade model, each microgrid operates one local charging station and microgrids form coalitions to trade EV charging requests among themselves for the optimal utilisation of renewable energy. Our main contribution is a multifaceted marketplace using blockchain where prosumers, microgrids and EVs participate in energy trade. Using blockchains, we present distributed scalable computation methods for trade decisions which are robust against malicious and faulty participants.

UR - https://www.scopus.com/pages/publications/85087608907

U2 - 10.1049/cp.2018.1909

DO - 10.1049/cp.2018.1909

M3 - Conference proceeding

AN - SCOPUS:85087608907

SN - 9781785617911

SN - 9781839531330

T3 - IET Conference Publications

BT - IET Conference Publications

PB - Institution of Engineering and Technology

T2 - Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion, MEDPOWER 2018

Y2 - 12 November 2018 through 15 November 2018

ER -

A unified model of peer to peer energy trade and electric vehicle charging using blockchains

Abstract

Publication series

Conference

UN SDGs

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