Risk-based double auction mechanism in real time power market

2018 ◽  
Author(s):  
Rajesh Panda ◽  
Prashant Kumar Tiwari
Keyword(s):  
Real Time ◽  
Power Market ◽  
Double Auction ◽  
Auction Mechanism

scholarly journals A Novel Power Market Mechanism Based on Blockchain for Electric Vehicle Charging Stations

Electronics ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 307
Author(s):  
Zhaoxiong Huang ◽  
Zhenhao Li ◽  
Chun Sing Lai ◽  
Zhuoli Zhao ◽  
Xiaomei Wu ◽  
...  
Keyword(s):  
Social Welfare ◽  
Real Time ◽  
Electric Vehicle ◽  
Peak Load ◽  
Market Mechanism ◽  
Double Auction ◽  
Energy Trading ◽  
Charging System ◽  
Electric Vehicle Charging ◽  
System Operator

This work presents a novel blockchain-based energy trading mechanism for electric vehicles consisting of day-ahead and real-time markets. In the day-ahead market, electric vehicle users submit their bidding price to participate in the double auction mechanism. Subsequently, the smart match mechanism will be conducted by the charging system operator, to meet both personal interests and social benefits. After clearing the trading result, the charging system operator uploads the trading contract made in the day-ahead market to the blockchain. In the real-time market, the charging system operator checks the trading status and submits the updated trading results to the blockchain. This mechanism encourages participants in the double auction to pursue higher interests, in addition to rationally utilize the energy unmatched in the auction and to achieve the improvement of social welfare. Case studies are used to demonstrate the effectiveness of the proposed model. For buyers and sellers who successfully participate in the day-ahead market, the total profit increase for buyer and seller are 22.79% and 53.54%, respectively, as compared to without energy trading. With consideration of social welfare in the smart match mechanism, the peak load reduces from 182 to 146.5 kW, which is a 19.5% improvement.

Adaptive strategy-proof double auction mechanism for heterogeneous spectrum allocation

2015 ◽  
Vol 9 (10) ◽  
pp. 1289-1297 ◽  
Author(s):  
Mojtaba Mazoochi ◽  
Mohammad Ali Pourmina ◽  
Hamidreza Bakhshi
Keyword(s):  
Adaptive Strategy ◽  
Spectrum Allocation ◽  
Double Auction ◽  
Auction Mechanism ◽  
Strategy Proof

scholarly journals Convergent Double Auction Mechanism for a Prosumers’ Decentralized Smart Grid

Energies ◽  
2015 ◽  
Vol 8 (11) ◽  
pp. 12342-12361 ◽  
Author(s):  
Tadahiro Taniguchi ◽  
Tomohiro Takata ◽  
Yoshiro Fukui ◽  
Koki Kawasaki
Keyword(s):  
Smart Grid ◽  
Double Auction ◽  
Auction Mechanism

A Double Auction Mechanism to Allocate and Price the Network Resource

2013 ◽  
Vol 13 (14) ◽  
pp. 2618-2624
Author(s):  
Li Kairong ◽  
Zhu Junwu ◽  
Chang Baoxian ◽  
Chen Kai ◽  
Li Xining
Keyword(s):  
Double Auction ◽  
Network Resource ◽  
Auction Mechanism

Double Auction Mechanism for Spectrum Trading in Combinatorial Domain

2015 ◽  
pp. 183-202
Author(s):  
Anil Bikash Chowdhury ◽  
Sajal Mukhopadhyay ◽  
Vikash Kumar Singh ◽  
A. Mahesh Chowdary
Keyword(s):  
Double Auction ◽  
Spectrum Trading ◽  
Auction Mechanism

TAHES: A Truthful Double Auction Mechanism for Heterogeneous Spectrums

2012 ◽  
Vol 11 (11) ◽  
pp. 4038-4047 ◽  
Author(s):  
Xiaojun Feng ◽  
Yanjiao Chen ◽  
Jin Zhang ◽  
Qian Zhang ◽  
Bo Li
Keyword(s):  
Double Auction ◽  
Auction Mechanism
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