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A Blockchain-Enabled Trading Framework for Distributed Photovoltaic Power Using Federated Learning

  • School of Computer Science and Technology (School of Software), Harbin Institute of Technology Weihai
  • School of New Energy, Harbin Institute of Technology Weihai
  • State Grid Shandong Electric Power Company

Research output: Contribution to journalArticlepeer-review

Abstract

As the integration of distributed energy into the power grid continues to rise, the significance of electricity transactions in promoting renewable energy consumption grows substantially. This necessitates the establishment of a robust electricity trading framework to facilitate reliable and trustworthy transactions for prosumers. This paper introduces an innovative blockchain-based electricity trading framework. Within this framework, we present a decentralized collaborative model training approach aimed at predicting the power generation of distributed photovoltaic power stations. Simultaneously, we propose a graph-based algorithm for efficiently matching producers and consumers. Our experiments, conducted on the Hyperledger Fabric blockchain platform using real-world datasets, demonstrate enhanced prediction accuracy compared to existing models. The framework effectively handles transactions within one second, sustaining a sending rate of up to 200 transactions per second. The outcomes of this study not only surpass the performance of existing prediction models but also provide valuable insights for the development of trading frameworks in actual production environments. The proposed framework stands as a reference point for constructing reliable trading infrastructures, thereby contributing to the acceleration of green electricity trading.

Original languageEnglish
Article number5950032
JournalInternational Journal of Energy Research
Volume2024
DOIs
StatePublished - 2024
Externally publishedYes

UN SDGs

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

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

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