Blockchain and Open Energy Markets

Amirhossein Souhankar, Reza Hafezi () and Amir Nazemi Ashni
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Amirhossein Souhankar: Technology Studies Institute
Reza Hafezi: National Research Institute for Science Policy (NRISP)
Amir Nazemi Ashni: National Research Institute for Science Policy (NRISP)

A chapter in Handbook of Smart Energy Systems, 2023, pp 2197-2215 from Springer

Abstract: Abstract Although blockchain technology tied (and sometimes is reduced to) cryptocurrency digital assets, it has significant capabilities to manage and control markets. This chapter proposed an open energy market using blockchain technology to ensure developing a sustainable and reliable trade market. The concept of an open (liberalized) energy market and emerging challenges for import and export sides are introduced and the way blockchain technology can facilitate introducing reliable open energy markets. Moreover, major aspects of such markets are introduced and explained.

Keywords: Energy market; Blockchain; Energy policy; Power grids; Future trends; Emerging technologies (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-97940-9_174

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DOI: 10.1007/978-3-030-97940-9_174

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