New research on the game-changer technology (i.e. blockchain) and its intersections with energy markets has been published by two NRISP faculty members (Dr. Reza Hafezi & Dr. Amir Nazemi) and is now online. It was a part of an international collaboration organized by North Texas University researchers.
This chapter proposed an open energy market using blockchain technology to ensure the development of 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.
You can find the content online via:
https://link.springer.com/referenceworkentry/10.1007/978-3-030-72322-4_174-1
Table of Contents
1. Introduction
2. Open Energy Market
3. Blockchain Technology
3.1. Economics of Blockchain
4. Smart Grids and Blockchain
4.1. Decentralization
4.2. Supply Chain Management
4.3. Cyber Security
4.4. Transparency
4.5. Good Governance
5. Summary
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