Design and Implementation of an Electricity Market Trading Platform Architecture for High Concurrency Access by Market Entities

The electricity market trading platform faces the challenge of high-concurrency access due to the massive entry of market entities. A new architecture for the electricity market trading platform is required to meet the high-concurrency access needs of millions of market entities while ensuring the s...

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Bibliographic Details
Published in2024 IEEE 6th Advanced Information Management, Communicates, Electronic and Automation Control Conference (IMCEC) Vol. 6; pp. 746 - 751
Main Authors Shao, Ping, Liu, Yonghui, Huang, Longda, Tian, Ying, Xu, Pan
Format Conference Proceeding
LanguageEnglish
Published IEEE 24.05.2024
Subjects
Access control
electricity market
electricity market trading platform
Electricity supply industry
high-concurrency access
Load management
Microservice architectures
Reliability engineering
Scalability
Technical Architecture
Technological innovation
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Summary:The electricity market trading platform faces the challenge of high-concurrency access due to the massive entry of market entities. A new architecture for the electricity market trading platform is required to meet the high-concurrency access needs of millions of market entities while ensuring the security, stability, and efficiency of transactions. This design employs load balancing, microservices technology, containerization, priority-based concurrent access control, and hybrid cloud segmentation to construct an expandable, reliable, and maintainable electricity market trading platform. Testing has validated the reliability and performance advantages of the designed platform architecture, providing technical insights and references for the future research and innovation of electricity trading platforms.
ISSN:2693-2776
DOI:10.1109/IMCEC59810.2024.10575639