Research on the Market Transaction Mechanism of Orderly Charging of Electric Vehicles Based on Blockchain to Participate in Demand Response

Abstract

With the gradual promotion and application of electric vehicles on a large scale, their random and disordered charging and discharging are bound to increase the load volatility of the power system during special periods. At the same time, electric vehicles have considerable energy storage value and can provide diversified grid demand responses such as peak shaving, frequency modulation, voltage regulation, and backup. In this paper, using blockchain technology, in view of the urgent need to improve the customer participation mechanism, resource integration, and sustainable development of the current mobile energy storage characteristics of electric vehicles, based on the consideration of battery attenuation, research and design of orderly charging of electric vehicles to participate in demand response market transactions Price mechanism to guide and encourage electric vehicle users to participate in grid balance adjustment.