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Abstract
There has been a conflict between producers and consumers eliminated through using PV applications in residential and commercial properties. Blockchain technology provides prosumers, consumers, and utilities with a new, cost-effective, and more secure trading platform through automating direct energy transactions using consensus-based verification and cryptographic hashing. In Qatar's Education City Community Housing, Agent-Based Modeling (ABM) was used to simulate the environment to develop a blockchain-based energy trading solution. A Geographical Information System was also included in the simulation. Day-day energy activities data were collected and analyzed to simulate realistic trading characteristics on a small trading market to help stakeholders to understand the volatility of a real energy trading market towards the development of a blockchain-based market. Readjusting parameters enable the assessment and customization of transactional characteristics performed in the local community housing market.
Original language | English |
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Title of host publication | ICIEA 2022 - Proceedings of the 17th IEEE Conference on Industrial Electronics and Applications |
Editors | Wenxiang Xie, Shibin Gao, Xiaoqiong He, Xing Zhu, Jingjing Huang, Weirong Chen, Lei Ma, Haiyan Shu, Wenping Cao, Lijun Jiang, Zeliang Shu |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
Pages | 185-188 |
Number of pages | 4 |
ISBN (Electronic) | 9781665409841 |
DOIs | |
Publication status | Published - 2022 |
Event | 17th IEEE Conference on Industrial Electronics and Applications, ICIEA 2022 - Chengdu, China Duration: 16 Dec 2022 → 19 Dec 2022 |
Publication series
Name | ICIEA 2022 - Proceedings of the 17th IEEE Conference on Industrial Electronics and Applications |
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Conference
Conference | 17th IEEE Conference on Industrial Electronics and Applications, ICIEA 2022 |
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Country/Territory | China |
City | Chengdu |
Period | 16/12/22 → 19/12/22 |
Keywords
- Blockchain technology
- Forecasting
- Machine learning
- Market
- Solar PV
- Transactive Energy exchange
Fingerprint
Dive into the research topics of 'Transactive Green Energy Exchange Market Blockchain-based'. Together they form a unique fingerprint.Projects
- 1 Finished
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EX-QNRF-NPRPS-15: A Blockchain Community Solar Ecosystem for Qatar
Sanfilippo, A. P. (Lead Principal Investigator), Che Wanik, M. Z. (Principal Investigator), Boumaiza, A. (Principal Investigator), Fellow, P. D. (Post Doctoral Fellow) & BOSCOVIC, P. D. (Post Doctoral Fellow)
15/03/21 → 15/09/24
Project: Applied Research