Sustainability and Equity through Blockchain-Enabled Renewable Energy e-Trade Platform

This paper suggests a blockchain-enabled e-trade platform for renewable energy for encouraging sustainability, equity, and efficiency in the energy market. The platform makes use of smart contracts and distributed ledger technology to ensure transparent, decentralized, and automated transactions. It incorporates IoT devices to support real-time energy measurement, saving administrative costs and improving accessibility. The study is carried out with specific focus on Qatar and Turkey to assess the viability of the platform, reviewing regulatory, scalability, and infrastructure issues. Furthermore, it estimates economic and technical viability under varying green finance mechanisms based on considerations such as carbon credits, incentives to energy trade, and monetary measures such as Net Present Value, Internal Rate of Return, Payback Period, and Levelized Cost of Energy.

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Publication Details

Published
2025-05-20
DOI
https://doi.org/10.1109/cpe-powereng63314.2025.11027196
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.00

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article

Sustainability and Equity through Blockchain-Enabled Renewable Energy e-Trade Platform

Nevin Taşaltın, Samet Özmen, Furkan Ahmad, M. Süha Yazici et al.
E-commerce and Technology Innovations
article

Sustainability and Equity through Blockchain-Enabled Renewable Energy e-Trade Platform

Nevin Taşaltın, Samet Özmen, Furkan Ahmad, M. Süha Yazici, Ameni Boumaiza
article en

Abstract

This paper suggests a blockchain-enabled e-trade platform for renewable energy for encouraging sustainability, equity, and efficiency in the energy market. The platform makes use of smart contracts and distributed ledger technology to ensure transparent, decentralized, and automated transactions. It incorporates IoT devices to support real-time energy measurement, saving administrative costs and improving accessibility. The study is carried out with specific focus on Qatar and Turkey to assess the viability of the platform, reviewing regulatory, scalability, and infrastructure issues. Furthermore, it estimates economic and technical viability under varying green finance mechanisms based on considerations such as carbon credits, incentives to energy trade, and monetary measures such as Net Present Value, Internal Rate of Return, Payback Period, and Levelized Cost of Energy.

Central Bank of the Republic of Turkey (TR), Antalya Bilim University (TR), Hamad bin Khalifa University (QA), Maltepe University (TR), Qatar Foundation (QA)
Qatar National Research Fund
Responsible consumption and production
Openalex Percentile: Top 75%
E-commerce and Technology Innovations
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