Investigators at North China Electric Power University Detail Findings in Electrical and Electronic Engineering (Reliable Interoperation of Demand Response Entities Considering Reputation Based On Blockchain)
- Dec 3, 2019 12:25 pm GMTDec 3, 2019 5:21 pm GMT
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2019 DEC 02 (NewsRx) -- By a News Reporter-Staff News Editor at Electronics Daily -- Investigators publish new report on Engineering - Electrical and Electronic Engineering. According to news reporting out of Beijing, People’s Republic of China, by NewsRx editors, research stated, “Demand response (DR) in the smart grid will promote the stable operation of the power system and reduce economic costs effectively. However, uncertainty of users’ behavior becomes a barrier of DR, in which the credibility between the DR users and aggregators will have a crucial impact on the DR.”
Funders for this research include Fundamental Research Funds for the Central Universities, National Natural Science Foundation of China, National Key R&D Program of China.
Our news journalists obtained a quote from the research from North China Electric Power University, “Blockchain is a new technology to solve the trust problem without third-party endorsement, which has the advantages of decentralization and irreversibility. Considering the difference of computing capability between users and aggregators, this article proposes a blockchain-based strategy to support the bidirectional selection between DR users and aggregators based on reputation values, which improves the success rate of the DR and mitigates the impact of user behavior on the DR. At the same time, this strategy can also increase the enthusiasm of users with a high reputation value to participate in DR.”
According to the news editors, the research concluded: “Using the network topology and DR incentive rules of Suzhou, Jiangsu Province, the rationality of blockchain-based reliable interoperation for DR entities proposed in this paper is verified.”
For more information on this research see: Reliable Interoperation of Demand Response Entities Considering Reputation Based On Blockchain. IEEJ Transactions on Electrical and Electronic Engineering, 2019;():. IEEJ Transactions on Electrical and Electronic Engineering can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; IEEJ Transactions on Electrical and Electronic Engineering - http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1931-4981)
Our news journalists report that additional information may be obtained by contacting B. Li, North China Electric Power University, School of Electrical and Electronics Engineering, Beijing, People’s Republic of China. Additional authors for this research include L. Liu, B. Qi, Q.Y. Qin, Y. Sun, S.S. Chen and C.Y. Zhu.
The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/tee.23032. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.
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