Many-to-many Energy Trading Decision Based on Intelligent Contract and Auction Mechanism

Abstract

This paper studies the multi-to-multiple energy trading mode and quotation strategy based on Block-chain intelligent contract and continuous auction mechanism. When distributed power generation entities and power consumers exist in Many-to-many form, buyers and sellers can be in the trading cycle at any time. The quotation is submitted to the smart contract address, and the quotation is continuously adjusted according to the transaction result disclosed by the smart contract. Once the price is matched, the transaction can be completed, and the transaction settlement is realized through the Block-chain intelligent contract. The IEEE13 node power distribution system is taken as an example to verify the effectiveness and feasibility of the proposed method.