Anonymous Energy Trading Scheme for Virtual Power Plant Based on Blockchain
Authors: 
Ying Cai, Hongming Cai, Zhiwen Yu, Huizhuo Wang, Haoxin Wang, Birou GaoAuthors Info & Claims
Ying Cai, Hongming Cai, Zhiwen Yu, Huizhuo Wang, Haoxin Wang, Birou GaoAuthors Info & ClaimsPages 400 - 404
Abstract
This paper delves into the critical challenge of establishing a secure, private, and efficient energy trading system for virtual power plants. This paper introduces a comprehensive system model and formally defines security requirements. This paper provides an anonymous energy trading scheme employing cryptographic techniques, such as accountable ring signatures, multi-signatures and blockchain technology. Users gain the ability to confidentially negotiate energy prices, fostering a secure and private environment for the intricate process of energy trading. Subsequently, this paper conducts a rigorous security analysis and performance evaluation, aligning with the stringent security and privacy requirements. The findings affirm the effectiveness of the proposed scheme.
References
[1]
L. Yavuz, A. Onen, S. M. Muyeen and I. Kamwa, “Transformation of microgrid to virtual power plant - a comprehensive review,” IET Generation, Transmission & Distribution, 2019.
[2]
N. Z. Aitzhan and D. Svetinovic, “Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams,” in IEEE Transactions on Dependable and Secure Computing, vol. 15, no. 5, pp. 840-852, 1 Sept.-Oct. 2018.
[3]
R. Khalid, N. Javaid, A. Almogren, M. U. Javed, S. Javaid, and M. Zuair, “A blockchain-based load balancing in decentralized hybrid p2p energy trading market in smart grid,” IEEE Access, 2020.
[4]
S. Seven, G. Yao, A. Soran, A. Onen and S. M. Muyeen, "Peer-to-Peer Energy Trading in Virtual Power Plant Based on Blockchain Smart Contracts," in IEEE Access, vol. 8, pp. 175713-175726, 2020.
[5]
J. Kang, R. Yu, X. Huang, S. Maharjan, Y. Zhang, and E. Hossain, “Enabling localized Peer-to-Peer electricity trading among plug-in hybrid electric vehicles using consortium blockchains,” IEEE Trans. Ind. Informat., vol. 13, no. 6, pp. 3154–3164, Dec. 2017.
[6]
X. Huang, C. Xu, P. Wang, and H. Liu, “Lnsc: A security model for electric vehicle and charging pile management based on blockchain ecosystem,” IEEE Access, vol. 6, pp. 13565–13574, 2018.
[7]
M. Khorasany, Y. Mishra and G. Ledwich, “A Decentralized Bilateral Energy Trading System for Peer-to-Peer Electricity Markets,” in IEEE Transactions on Industrial Electronics, vol. 67, no.6, pp. 4646-4657, 2020.
[8]
M. Li, D. Hu, C. Lal, M. Conti, and Z. Zhang, “Blockchain-enabled secure energy trading with verifiable fairness in industrial Internet of Things,” IEEE Trans. Ind. Informat., vol. 16, no. 10, pp. 6564–6574, Oct. 2020.
[9]
D. Chaum, E. Van Heyst, “Group signatures,” In: Proceedings of the 10th Annual International Conference on Theory and Application of Cryptographic Techniques, pp. 257–265, 1991.
[10]
R. L. Rivest., A. Shamir, Y. Tauman, “How to leak a secret,” In: Proceedings of the 7th International Conference on the Theory and Application of Cryptology and Information Security: Advances in Cryptology, pp. 552–565, 2001.
[11]
S. Xu, M. Yung, “Accountable ring signatures: A smart card approach,” Smart Card Research and Advanced Applications VI, pp. 271–286, 2004.
[12]
K. M. Chung, Y. C. Hsieh, M.Y. Huang, Y. H. Huang, T. Lange and B. Y. Yang, “Isogeny-based Group Signatures and Accountable Ring Signatures in QROM,” 2021.
[13]
K. Itakura and K. Nakamura, “A public-key cryptosystem suitable for digital multisignature. NEC Research and Development, 71:1–8, 1983.
[14]
N. Fleischhacker, G. Herold, M. Simkin, Z. Zhang, “Chipmunk: better synchronized multi-signatures from lattices”, in Proceedings of the 2023 ACM SIGSAC Conference on Computer and Communications Security (CCS '23), pp. 386-400, 2023.
Index Terms
- Anonymous Energy Trading Scheme for Virtual Power Plant Based on Blockchain
Recommendations
A logarithmic-sized accountable ring signature scheme in the standard model
AbstractRing signature and group signature are two major cryptographic primitives providing users anonymity and authentication simultaneously. While both primitives enable any user to sign messages as a member of a set of users, the feature of ring ...
A Secure Anonymous Proxy Multi-signature Scheme
ICETE 2014: Proceedings of the 11th International Joint Conference on e-Business and Telecommunications - Volume 4A proxy signature scheme enables a signer to delegate its signing rights to any other user, called the proxy signer, to produce a signature on its behalf. In a proxy multi-signature scheme, the proxy signer can produce one single signature on behalf of ...
A Blockchain-Based Conditional Anonymous Authentication Scheme
ICBCT '23: Proceedings of the 2023 5th International Conference on Blockchain TechnologyIn recent years, the security of industrial systems has received high attention. Once a problem occurs, it is necessary to trace back the user access records to investigate the issue. Blockchain-based identity verification schemes have been applied to ...
Comments
Information & Contributors
Information
Published In
September 2023
577 pages
ISBN:9798400716362
DOI:10.1145/3660395
Copyright © 2023 Owner/Author.
This work is licensed under a Creative Commons Attribution International 4.0 License.
Publisher
Association for Computing Machinery
New York, NY, United States
Publication History
Published: 01 June 2024
Check for updates
Author Tags
Qualifiers
- Research-article
- Research
- Refereed limited
Funding Sources
- Science and Technology Project of China Southern Power Grid
Conference
AIBDF 2023
AIBDF 2023: 2023 3rd Guangdong-Hong Kong-Macao Greater Bay Area Artificial Intelligence and Big Data Forum
September 22 - 24, 2023
Guangzhou, China
Contributors
Other Metrics
Bibliometrics & Citations
Bibliometrics
Article Metrics
- 0Total Citations
- 36Total Downloads
- Downloads (Last 12 months)36
- Downloads (Last 6 weeks)20
Reflects downloads up to 18 Aug 2024
Other Metrics
Citations
View Options
View options
View or Download as a PDF file.
PDFeReader
View online with eReader.
eReaderHTML Format
View this article in HTML Format.
HTML FormatGet Access
Login options
Check if you have access through your login credentials or your institution to get full access on this article.
Sign in