More trading entities have participated in the electricity market owing to the electricity market reform. The pricing and settlement methods of the deviation power will affect the fairness of the transaction and the enthusiasm of the trading entities. The establishment of a reasonable deviation power settlement method is a key step to ensure the power market transaction. As an emerging distributed data storage technology and distributed accounting technology, blockchain technology has great application prospects in power market transactions and energy Internet. Therefore, the research on the application of blockchain technology to the settlement of deviation power not only contributes to the advancement of power market reform, but also has positive significance for the application of blockchain technology in the power field. In this paper, the concept of the deviation power, the measurement method and the existing settlement methods are briefly introduced. Then, the application of blockchain technology and the cross-regional energy trading based on this are analyzed. Finally, some transaction entities of China Southern Power Grid are taken as an example. The impact of different price and settlement ratios on the economic benefits and behavior of each transaction subject in terms of deviation power indicates how the blockchain technology can be applied to the settlement of deviation power in cross-regional power transactions.

Jiaying Dong. Deviation Power Pricing Mechanism Based on Blockchain Technology for Cross-regional Energy Trading (2020) Vol. 2, Issue 1: 133-141. https://doi.org/10.25236/AJBM.2020.020114.

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