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Transaction Decision Making for Intelligent Distributed Units based on Blockchain as a Service (BaaS)

Volume 14, Number 8, August 2018, pp. 1785-1795
DOI: 10.23940/ijpe.18.08.p15.17851795

Xiangxiang Xiaoa,b, Bin Duana,b, Jun Laia, and Tao Lia

aCollege of Information Engineering, Xiangtan University, Xiangtan, 411100, China
bCollaborative Innovation Center of Wind Power Equipment and Energy Conversion, Xiangtan, 411100, China

(Submitted on May 3, 2018; Revised on June 2, 2018; Accepted on July 25, 2018)

Abstract:

With the development of an intelligent microgrid transaction platform and blockchain technology, blockchain as a service (BaaS) on a cloud platform has received much attention. Currently, the problem of re-imaging the microgrid transaction mechanism is highlighted. Renewable energy must be consumed effectively and intelligently under the new transaction mechanism. To address these situations, this paper first builds the BaaS model, where blockchain technology is applied to the power transaction for intelligent distributed units. Then, a decision-making method is proposed for the intelligent unit to decide what it trades with. The method deals with transaction data in the cloud platform, obtains the probability distribution model of the microgrid transaction, and eventually achieves transaction decision making by using the Dempster Shafer (DS) evidence theory. The proposed transaction decision-making method provides more ways to reconstruct the microgrid transaction market and obtain effective management of market orders.

 

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