Research on Blockchain Technology-based Electricity Retail Market Management Model

Yan Li, Yujia Li, Yaheng Su, Houjing Guo, Xiao Meng, Hankui Tian, Yongli Wang

2022

Abstract

In order to solve the supervision and accounting problems of electricity retail market, improve the operation efficiency and reduce the transaction risk, the article proposes the architecture and business process of electricity retail market management system based on the alliance chain. Firstly, it designs the operation and management model of electricity retail market, establishes the retail market model based on the coalition chain technology, and designs the retail package and transaction process; then it proposes the settlement mechanism of electricity retail market transaction based on smart contract, designs the settlement process and cost calculation method; on this basis, it constructs the framework of electricity retail transaction based on the coalition chain technology by combining the characteristics of electricity retail market, and explains how the overall architecture, technical It explains how blockchain technology can be applied to the electricity retail market from three aspects: overall architecture, technical architecture, and functional architecture.

Paper Citation

in Harvard Style

Li Y., Li Y., Su Y., Guo H., Meng X., Tian H. and Wang Y. (2022). Research on Blockchain Technology-based Electricity Retail Market Management Model. In Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM, ISBN 978-989-758-593-7, pages 930-935. DOI: 10.5220/0011359400003440

in Bibtex Style

@conference{bdedm22,
author={Yan Li and Yujia Li and Yaheng Su and Houjing Guo and Xiao Meng and Hankui Tian and Yongli Wang},
title={Research on Blockchain Technology-based Electricity Retail Market Management Model},
booktitle={Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,},
year={2022},
pages={930-935},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011359400003440},
isbn={978-989-758-593-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,
TI - Research on Blockchain Technology-based Electricity Retail Market Management Model
SN - 978-989-758-593-7
AU - Li Y.
AU - Li Y.
AU - Su Y.
AU - Guo H.
AU - Meng X.
AU - Tian H.
AU - Wang Y.
PY - 2022
SP - 930
EP - 935
DO - 10.5220/0011359400003440