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

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.