Blockchain Technologies for Energy Markets
The energy grid is moving to a new era, shifting from centralized broadcast-like energy systems to decentralized smart energy systems by incorporating a large number of small-scale Distributed Energy Prosumers (DEP). The advent of intermittent decentralized renewable energy sources is completely changing the way in which electricity grids are managed, supporting the shift to more decentralized smart energy systems. Variations in energy production, either surplus or deficit, may threaten the security of supply, leading to energy distribution systems’ overload, and culminating in power outages or service disruptions, forcing the DEPs to shed or shift their energy demand to deal with peak load periods.
