Demonstration of Blockchain Based Peer to Peer Energy Trading System with Real-Life Used PHEV and HEMS Charge Control

Yuki Matsuda, Yuto Yamazaki, Hiromu Oki, Yasuhiro Takeda, Daishi Sagawa and Kenji Tanaka
Additional contact information
Yuki Matsuda: School of Engineering, The University of Tokyo, Tokyo 113-8654, Japan
Yuto Yamazaki: USD Co., Ltd., Tokyo 141-0032, Japan
Hiromu Oki: USD Co., Ltd., Tokyo 141-0032, Japan
Yasuhiro Takeda: School of Engineering, The University of Tokyo, Tokyo 113-8654, Japan
Daishi Sagawa: School of Engineering, The University of Tokyo, Tokyo 113-8654, Japan
Kenji Tanaka: School of Engineering, The University of Tokyo, Tokyo 113-8654, Japan

Energies, 2021, vol. 14, issue 22, 1-12

Abstract: To further implement decentralized renewable energy resources, blockchain based peer-to-peer (P2P) energy trading is gaining attention and its architecture has been proposed with virtual demonstrations. In this paper, to further socially implement this concept, a blockchain based peer to peer energy trading system which could coordinate with energy control hardware was constructed, and a demonstration experiment was conducted. Previous work focused on virtually matching energy supply and demand via blockchain P2P energy markets, and our work pushes this forward by demonstrating the possibility of actual energy flow control. In this demonstration, Plug-in Hybrid Electrical Vehicles(PHEVs) and Home Energy Management Systems(HEMS) actually used in daily life were controlled in coordination with the blockchain system. In construction, the need of a multi-tagged continuous market was found and proposed. In the demonstration experiment, the proposed blockchain market and hardware control interface was proven capable of securing and stably transmitting energy within the P2P energy system. Also, by the implementation of multi-tagged energy markets, the number of transactions required to secure the required amount of electricity was reduced.

Keywords: blockchain; peer to peer energy market; hardware control; demonstration experiment; home energy management systems; electric vehicles (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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