Electric Power ›› 2023, Vol. 56 ›› Issue (12): 58-68.DOI: 10.11930/j.issn.1004-9649.202305036

• Planning, Operation and Power Transaction of Distributed Smart Grid • Previous Articles     Next Articles

Economic Operation Method of Active Distribution Network Based on Blockchain and Endowment Effect

Li ZHOU1(), Chuanyu XIONG1, Fangchao KE1, Zhiwei LI1, Hong ZHANG1, Ran CHEN1, Wanfang LIU1, Yazhou YU2, Liqin REN2   

  1. 1. State Grid Hubei Economic Research Institute, Wuhan 430077, China
    2. State Grid Hubei Central China Technology Development of Electric Power Co., Ltd., Wuhan 430077, China
  • Received:2023-05-08 Accepted:2023-08-06 Online:2023-12-23 Published:2023-12-28
  • Supported by:
    This work is supported by Science and Technology Project of State Grid Hubei Electric Power Co., Ltd.(No.B31538221024).

Abstract:

With the large-scale integration of renewable energy, the number of participants involved in electricity transactions is increasing. The traditional centralized trading model, which is matched by the dispatching center, fails to cope with the surge of transaction data and achieve the optimal economic operation of the active distribution network. Therefore, an economic operation method of an active distribution network based on blockchain and endowment effect is proposed, which uses the decentralized, autonomous, and anonymous characteristics of blockchain to construct an electricity transaction mechanism. On this basis, users participating in demand response are regarded as "behavioral agents", and an endowment effect-based demand response model is constructed, which is more in line with users' psychological needs. The calculation results show that the proposed electricity transaction mechanism based on blockchain technology can effectively improve the efficiency of electricity transactions, and the established endowment effect-based demand response model can effectively improve the economic operation and source-load matching of the active distribution network.

Key words: active distribution network, economic operation, blockchain technology, endowment effect