Abstract

As innovations in technology, regulatory frameworks, and market dynamics continue to shape and reshape the energy trading landscapes, the current energy landscape is discussed long two models, thus decentralized and traditional centralized models. The decentralized models are attractive in modern energy markets because they can rapidly adapt to changes in technology and consumer behavior, unlike traditional systems that often require large-scale infrastructure changes to accommodate new energy sources. The chapter explores the transformative potential of blockchain technology in reshaping energy trading in the decentralized model. It presents real-world case studies like Brooklyn Microgrid, PowerLedger, WePower, and Sun Exchange to illustrate successful implementations of blockchain in energy trading, highlighting the benefits and efficiencies gained from these applications. The implications of decentralized energy trading are also explored for various stakeholders including energy producers, consumers, regulators, and technology providers. It finally presented a forecast of the future developments and innovations in blockchain that might further influence and/or enhance decentralized energy trading.

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