Open Access

ARTICLE

A Blockchain-Based Game Approach to Multi-Microgrid Energy Dispatch

by Zhikang Wang^#, Chengxuan Wang^#, Wendi Wu, Cheng Sun, Zhengtian Wu^*

School of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou, 215123, China

* Corresponding Author: Zhengtian Wu. Email:

(This article belongs to the Special Issue: The Bottleneck of Blockchain Techniques: Scalability, Security and Privacy Protection)

Computer Modeling in Engineering & Sciences 2024, 138(1), 845-863. https://doi.org/10.32604/cmes.2023.029442

Received 19 February 2023; Accepted 25 April 2023; Issue published 22 September 2023

Abstract

As the current global environment is deteriorating, distributed renewable energy is gradually becoming an important member of the energy internet. Blockchain, as a decentralized distributed ledger with decentralization, traceability and tamper-proof features, is an important way to achieve efficient consumption and multi-party supply of new energy. In this article, we establish a blockchain-based mathematical model of multiple microgrids and microgrid aggregators’ revenue, consider the degree of microgrid users’ preference for electricity thus increasing users’ reliance on the blockchain market, and apply the one-master-multiple-slave Stackelberg game theory to solve the energy dispatching strategy when each market entity pursues the maximum revenue. The simulation results show that the blockchain-based dynamic game of the multi-microgrid market can effectively increase the revenue of both microgrids and aggregators and improve the utilization of renewable energy.

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Keywords

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