Decentralized Quality of Service Based System for Energy Trading Among Electric Vehicles

This paper incorporates a new perspective into P2P energy trading coordination schemes for EVs by considering Quality of Service (QoS) management. QoS could be utilized as a control metric to facilitate resilient and reliable transactions according to user preferences. To that end, this paper proposes a novel decentralized QoS-based system for P2P energy trading among EV energy providers and consumers. The system utilizes smart contracts to carry out the matching between EVs and monitor the delivery of a QoS-based P2P contract without the presence of a third party. Two QoS-based mechanisms are proposed to match trading EVs in this system. The proposed mechanisms are designed to match single-consumer to multiple-providers and multiple-consumers to multiple-providers based on consumers' and providers' QoS requirements and offers, respectively. A fuzzy-based approach with minimum and intelligible input is introduced to determine the weight values of each QoS attribute. Further, a penalty mechanism is developed to discourage dishonest requests/offers and ensure that trading parties stick to their contractual obligations. Numerical simulations are conducted to validate the effectiveness of the proposed QoS-based mechanisms.

Automated summary

This paper introduces a novel decentralized QoS-based system for P2P energy trading among EV energy providers and consumers, utilizing smart contracts for matching and monitoring. Two QoS-based mechanisms are proposed for matching trading EVs, with a fuzzy-based approach for determining weight values. Additionally, a penalty mechanism is developed to ensure trading parties adhere to contractual obligations.