Cyber-Physical Blockchain Based Secure Platforms for Data and Energy Trading in Multi-Level Electricity Markets

Despite all potential advantages of incorporating intelligence into power systems and electricity market, there is growing opposition towards the idea of smart grids following the threat of cyber-attacks that could cause serious issues in different parts of the power system if not properly addressed. In this regard, this paper focuses on introducing two novel effective conceptual secure platforms based on blockchain technology (BT) for multi-level electricity markets (MLEMs) that can be complied with the current electricity market conceptions. The proposed structures are evaluated in terms of consensus and time analyses and it is demonstrated that these strategies are scalable and compatible with the electricity market’s framework.