BLOCKCHAIN APPLICATIONS IN THE ENERGY SECTOR

By Nguyen Ba Thanh
DOI: 10.37550/tdmu.EJS/2025.01.612

As fossil fuel resources are gradually depleting, countries are increasingly focusing on developing renewable energy as a sustainable alternative. A trend is the shift of the energy market towards a decentralized model, where renewable energy can be traded flexibly. This is partly evidenced by the rise of blockchain-based solutions in the energy sector. Blockchain technology garners attention due to its outstanding advantages such as anonymity, decentralization, and transparency. Therefore, this study explores the application of blockchain in the energy sector. We shed light on four main areas: energy management, peer-to-peer (P2P) trading, applications related to electric vehicles, and carbon credit trading. This paper provides insights into how blockchain technology can act as a catalyst for revolutionizing the energy sector in both management and control