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Blockchain and Open Energy Markets

In: Handbook of Smart Energy Systems

Author

Listed:
  • Amirhossein Souhankar

    (Technology Studies Institute)

  • Reza Hafezi

    (National Research Institute for Science Policy (NRISP))

  • Amir Nazemi Ashni

    (National Research Institute for Science Policy (NRISP))

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.

Suggested Citation

  • Amirhossein Souhankar & Reza Hafezi & Amir Nazemi Ashni, 2023. "Blockchain and Open Energy Markets," Springer Books, in: Michel Fathi & Enrico Zio & Panos M. Pardalos (ed.), Handbook of Smart Energy Systems, pages 2197-2215, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-97940-9_174
    DOI: 10.1007/978-3-030-97940-9_174
    as

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