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Defining a New IoT-Enabled Smart Grid Sustainable Business Model: Success Factors in Three EU Blockchain-Driven Projects

Author

Listed:
  • Riccardo Carnevale

    (Dipartimento di Ingegneria Elettrica e dell’Informazione, Politecnico di Bari, 70125 Bari, Italy)

  • Cosimo Damiano Carpentiere

    (Dipartimento di Ingegneria Elettrica e dell’Informazione, Politecnico di Bari, 70125 Bari, Italy)

Abstract

This paper investigates blockchain applications in the EU’s energy sector, particularly its integration into Internet of Things (IoT)-enabled smart grid systems. The study begins by mapping current EU regulations and incentives for smart energy solutions and reviews emerging smart grid technologies across Europe. The goal is to develop an Innovative Success Framework by analyzing European case studies, aiming to guide energy managers with practical strategies for improving smart grid efficiency. Key findings underscore the role of blockchain in ensuring secure, transparent energy transactions, addressing data security, energy distribution, and decentralized markets. Detailed case studies reveal common success factors: strong regulations, robust technology, and stakeholder engagement. The resulting framework aids energy managers in navigating smart grid complexities, promoting sustainable development through efficient, resilient, and low-carbon energy infrastructures. This research enriches discussions on smart energy, offering policymakers and industry professionals a tool to harness blockchain for advancing sustainable and secure energy systems in line with long-term EU development goals.

Suggested Citation

  • Riccardo Carnevale & Cosimo Damiano Carpentiere, 2026. "Defining a New IoT-Enabled Smart Grid Sustainable Business Model: Success Factors in Three EU Blockchain-Driven Projects," Sustainability, MDPI, vol. 18(8), pages 1-24, April.
    • Handle: RePEc:gam:jsusta:v:18:y:2026:i:8:p:3711-:d:1916785
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