The role of various market participants in blockchain business model

Decentralization of energy network is the way that production will be close to consumption. It reduces energy lost and carbon emission thanks to applying more DERs and RESs especially wind turbines and PV systems. Moreover the reliability, sustainability, and stability of the network will increase thanks to local production instead of central power plants. Decentralization can be performed by various market schemes based on available infrastructure and technologies in a region. Accordingly, blockchain can better integrate current market players to provide energy balance. Moreover, it can incentivized new players through special smart contracts. For example, electric vehicles (EVs) can be paid for their active role as energy supplier or demand response provider. This chapter studies the role of market participants in new structure of business model within blockchain-based platform.