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In the energy sector, blockchain is seen as a promising tool for recording and facilitating transactions between energy generators and consumers, with a variety of applications, including:
Peer-to-peer electricity trading: The automated smart contracts are used to sell excess renewable energy to other network participants.
Management of renewable energy certificates: To avoid double-counting, renewable energy certificates should be recorded and awarded in real-time and automatically.
Grid management: In the context of increasing intermittent renewable energy integration, automatic control of all power and storage flows along the grid to balance supply and demand.
Electric vehicle charging and sharing: Grid services and peer-to-peer electric vehicle charging applications.
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