Abstract

Nowadays, the technical feasibility and willingness to use blockchain-based electricity trading are taken for granted. However, in the not-too-distant past, the concept was no more than a mere vision. In this chapter, we investigate the sequence of events leading to this rapid paradigm shift over the past 10 years. The development stages of peer-to-peer electricity trading within the context of the fourth industrial revolution and the success of decentralized cryptocurrency markets are first presented. Afterward, the earliest applications of blockchain are demonstrated, along with key milestones in legislation and scientific research to reach the current situation.

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