Privacy-Preserving Energy Scheduling for ESCOs Based on Energy Blockchain Network

Shengmin Tan, Xu Wang and Chuanwen Jiang
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Shengmin Tan: Key Laboratory of Control of Power Transmission and Conversion, Ministry of Education, Shanghai Jiao Tong University (SJTU), Shanghai 200240, China
Xu Wang: Key Laboratory of Control of Power Transmission and Conversion, Ministry of Education, Shanghai Jiao Tong University (SJTU), Shanghai 200240, China
Chuanwen Jiang: Key Laboratory of Control of Power Transmission and Conversion, Ministry of Education, Shanghai Jiao Tong University (SJTU), Shanghai 200240, China

Energies, 2019, vol. 12, issue 8, 1-16

Abstract: Capable of aggregating multiple energy resources, the energy service company (ESCO) has been regarded as a promising alternative for improving power system flexibility and facilitate the consumption of renewable resources in the energy market. However, the issues have become significantly more serious related to the privacy and security of the data in consumption and trading. In this paper, we address the problem by proposing a privacy-preserving energy scheduling (PPES) model based on energy blockchain network. A Lagrangian relaxation method is applied to decompose the model into several individual optimal scheduling problems, and the individual scheduling problems are solved by consensus algorithm and smart contracts in energy blockchain network. The performance of the proposed model and method is evaluated with several case studies based on multiple energy nodes. Simulation results show the rationality and validity of the proposed method, and the model is conducive to the protection of environment and transparent scheduling of energy service companies (ESCOs). In addition, it can reflect the information of energy demand and supply to improve the privacy and security of data.

Keywords: blockchain; energy service company; privacy-preserving; energy scheduling model (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: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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