Blockchain-Assisted Secure Energy Trading in Electricity Markets: A Tiny Deep Reinforcement Learning-Based Stackelberg Game Approach

Electricity markets are intricate systems that facilitate efficient energy exchange within interconnected grids. With the rise of low-carbon transportation driven by environmental policies and tech advancements, energy trading has become crucial. This trend towards Electric Vehicles (EVs) is bolstered by the pivotal role played by EV charging operators in providing essential charging infrastructure and services for widespread EV adoption. This paper introduces a blockchain-assisted secure electricity trading framework between EV charging operators and the electricity market with renewable energy sources. We propose a single-leader, multi-follower Stackelberg game between the electricity market and EV charging operators. In the two-stage Stackelberg game, the electricity market acts as the leader, deciding the price of electric energy. The EV charging aggregator leverages blockchain technology to record and verify energy trading transactions securely. The EV charging operators, acting as followers, then decide their demand for electric energy based on the set price. To find the Stackelberg equilibrium, we employ a Deep Reinforcement Learning (DRL) algorithm that tackles non-stationary challenges through policy, action space, and reward function formulation. To optimize efficiency, we propose the integration of pruning techniques into DRL, referred to as Tiny DRL. Numerical results demonstrate that our proposed schemes outperform traditional approaches.

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Publication Details

Journal
Electronics
Published
2024-09-13
DOI
https://doi.org/10.3390/electronics13183647
Citations
7
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
1.46

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article

Blockchain-Assisted Secure Energy Trading in Electricity Markets: A Tiny Deep Reinforcement Learning-Based Stackelberg Game Approach

Fan Zhang, Jianlin Tang, Yanzhang Gu, Xiaoming Lin et al.
7 citations
Electronics
Electric Vehicles and Infrastructure
1.46
article

Blockchain-Assisted Secure Energy Trading in Electricity Markets: A Tiny Deep Reinforcement Learning-Based Stackelberg Game Approach

Fan Zhang, Jianlin Tang, Yanzhang Gu, Xiaoming Lin, Bin Qian, Yong Xiao, Yiyong Lei
article en
7 citations

Abstract

Electricity markets are intricate systems that facilitate efficient energy exchange within interconnected grids. With the rise of low-carbon transportation driven by environmental policies and tech advancements, energy trading has become crucial. This trend towards Electric Vehicles (EVs) is bolstered by the pivotal role played by EV charging operators in providing essential charging infrastructure and services for widespread EV adoption. This paper introduces a blockchain-assisted secure electricity trading framework between EV charging operators and the electricity market with renewable energy sources. We propose a single-leader, multi-follower Stackelberg game between the electricity market and EV charging operators. In the two-stage Stackelberg game, the electricity market acts as the leader, deciding the price of electric energy. The EV charging aggregator leverages blockchain technology to record and verify energy trading transactions securely. The EV charging operators, acting as followers, then decide their demand for electric energy based on the set price. To find the Stackelberg equilibrium, we employ a Deep Reinforcement Learning (DRL) algorithm that tackles non-stationary challenges through policy, action space, and reward function formulation. To optimize efficiency, we propose the integration of pruning techniques into DRL, referred to as Tiny DRL. Numerical results demonstrate that our proposed schemes outperform traditional approaches.

ElectronicsVol. 13(18)
China Southern Power Grid (China) (CN)
China Southern Power Grid
Openalex Percentile: Top 18%
Electric Vehicles and Infrastructure
1.46
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