Abstract
The peer-to-peer energy trading on the decentralized platform among microgrids requires new approaches to be developed. The heterogeneous microgrids may be surplus or deficit power due to uncertainty in power generation and electric power demand. This paper proposes the blockchain-based adaptive non-cooperative game strategy among the owners of microgrids. The power token-based smart contracts have been created for energy trading among the networked microgrids. The smart contracts are made secure, reliable, and trustworthy with blockchain technology. The distributed identity-based microgrid (DIBM) scheme is designed to avoid the distributed denial of service (DDoS) attack. For the smart power contracts, the hash key has been obtained with python programming and other simulation work has been done in MATLAB.
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