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Article
Blockchain-assisted Decentralized Virtual Prosumer Grouping for P2P Energy Trading
Proceedings - 21st IEEE International Symposium on a World of Wireless, Mobile and Multimedia Networks, WoWMoM 2020
  • Faizan Safdar Ali, Koç Üniversitesi
  • Moayad Aloqaily, Al Ain University
  • Oznur Ozkasap, Koç Üniversitesi
  • Ouns Bouachir, Zayed University
Document Type
Conference Proceeding
Publication Date
8-1-2020
Abstract

© 2020 IEEE. Energy trading systems have revolutionized by taking advantage of energy users who produce surplusenergy. In the cyberphysical energy sharing systems, the participation of such consumers who can also sell their residuum energy for profit, namely prosumers, is critical for the sustainable and efficient energy sharing procedure and requires improved prosumer management. The idea of grouping the prosumers for better profits is a promising approach for prosumer management which is currently carried out in centralized manner; that face trust, security and scalability issues. Hence, a strong tool that can protect the prosumer privacy; log the changes for audit purposes and eventually improve the performance of the system is necessary. This paper proposes a blockchain-assisted approach using smart contracts for improved scalability and decentralization of the prosumer grouping mechanism in the context of P2P energy trading. The results show around 38.7% improvement in the performance and scalability of the system.

ISBN
9781728173740
Publisher
IEEE
Disciplines
Keywords
  • Blockchain,
  • distributed ledger,
  • P2P energy trading,
  • prosumer grouping,
  • prosumer management
Scopus ID
85094103949
Indexed in Scopus
Yes
Open Access
No
https://doi.org/10.1109/wowmom49955.2020.00071
Citation Information
Faizan Safdar Ali, Moayad Aloqaily, Oznur Ozkasap and Ouns Bouachir. "Blockchain-assisted Decentralized Virtual Prosumer Grouping for P2P Energy Trading" Proceedings - 21st IEEE International Symposium on a World of Wireless, Mobile and Multimedia Networks, WoWMoM 2020 (2020) p. 385 - 390
Available at: http://works.bepress.com/ouns-bouachir/3/