Electric Power ›› 2025, Vol. 58 ›› Issue (9): 205-218.DOI: 10.11930/j.issn.1004-9649.202503034

• Power Market • Previous Articles    

A Trusted Contract-Based Trading Model for Distributed New Energy Aggregation Trading

ZHANG Nan1(), GUO Qinglei2(), DU Zhe2, WANG Dong2, ZHANG Yan3, ZHAO Liang3, JIANG Yu4   

  1. 1. Beijing Power Exchange Center Co., Ltd., Beijing 100031, China
    2. State Grid Digital Technology Holding Co., Ltd., Beijing 100077, China
    3. State Grid Beijing Electric Power Company, Beijing 100051, China
    4. State Grid Jiangsu Electric Power Company Co., Ltd., Nanjing 210024, China
  • Received:2025-03-13 Online:2025-09-26 Published:2025-09-28
  • Supported by:
    This work is supported by National Key Research and Development Program of China (No.2022YFB2703400).

Abstract:

Current pooled green electricity transactions face dual challenges: inefficient supply-demand matching and the absence of reliable trust frameworks. Addressing these issues calls for a multi-technology approach to establish a flexible and trustworthy trading system. To address this, this paper innovatively integrates the subjective logic trust evaluation model, the blockchain's immutable evidence storage mechanism, and the smart contract's automatic execution framework to construct a multi-technology collaborative trusted contract-based trading model. This model builds a reputation quantification model based on the analysis of transaction behavior characteristics to dynamically depict the evolution law of the credibility of participating entities; design a distributed game matching mechanism based on the firework algorithm to achieve autonomous and optimized matching of participating entities; and further develops a full-process smart contract chain based on blockchain to realize the trusted and automated execution of the closed loop from aggregated declaration, matching to fund settlement. Simulation results show that this solution significantly improves transaction performance compared to the traditional model: the dynamic reputation mechanism enables real-time assessment of the credibility of transaction entities, effectively purifying the trading environment; the consumption rateincreases by 46.5% and the revenue increases by 38.2%; the contract execution delay is reduced by 49.7% and the throughput is increased by 55%.

Key words: distributed renewable energy, aggregator, reputation evaluation, non cooperative games, smart contracts