Abstract
Low cost, high efficiency, price transparency, and timely settlement of transactions are required for direct transactions between electricity providers and consumers in the microgrids. So the blockchain technology and the continuous double auction mechanism for direct electricity trading have always been a hot topic in the field of microgrids.In order to further reduce the transaction cost of blockchain and increase the transaction efficiency, and to solve the problem of lack of privacy protection for continuous double auction in the existing scheme, a privacy protection scheme of microgrids direct electricity transaction based on consortium blockchain and the continuous double auction is proposed. In it, the combination of consortium blockchain technology and continuous double auction mechanism is applied to reduce costs and improve the efficiency of transactions. In the meanwhile, pseudonyms and pseudonym certificates are generated by fair blind signature technology to realize identity privacy in the continuous double auction. And decentralization and user identity traceability are achieved by using (t, n) threshold secret sharing technology which distributes and recovers the private key of a trusted third party. The theoretical security analysis shows that the privacy protection scheme has higher security. The simulation experiment shows that the consortium blockchain technology has lower cost and higher efficiency in this scheme.
Highlights
Microgrid is a modular and decentralized power supply network based on distributed generation technology and combined with end-user power quality management and cascade utilization of energy
The traditional centralized power supply scheduling method increases the complexity of the system, resulting in low efficiency and high cost of the microgrid.With the gradual deepening of the development and construction of microgrid, microgrid groups can be formed between adjacent microgrids
By analyzing the privacy protection schemes proposed in [11]–[17], this paper summarizes the following basic characteristics of the privacy protection scheme for the continuous double auction process
Summary
Microgrid is a modular and decentralized power supply network based on distributed generation technology and combined with end-user power quality management and cascade utilization of energy. The privacy protection scheme of microgrid direct transaction based on consortium blockchain and continuous double auction is proposed to solve the problems of high blockchain cost, slow speed and lack of privacy protection for continuous double auction. The combination of consortium blockchain technology and continuous double auction mechanism is applied to reduce transaction cost and improve transaction efficiency, pseudonyms and pseudonym certificates are generated by fair blind signature technology to realize identity privacy in continuous double auction, and decentralization and user identity traceability are realized by using (t, n) threshold secret sharing technology which distributes and recovers the private key of a trusted third party. Compared with the public blockchain, the consortium blockchain has fewer consensus nodes, higher system operating efficiency, lower cost and faster transaction speed, etc., which are more suitable for power trading of micro grid
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