Microgrids for decentralized energy markets based on blockchains

Abstract

Blockchains technologies can revolutionize the economies and the business models with considerable impacts on the energy business. The introduction of blockchains opens the way to the creation of peer to peer (p2p) energy markets that can drastically change the actual business landscape and be a facilitator for the faster penetration of decarbonized and decentralized energy sources. This paper intends to present and analyse possible development scenario of such technologies in the area of microgrids. A qualitative analysis of the potential applications for some business models are discussed in combination with the expected interfacing of the control and communication.