Abstract
This chapter explores the expanding renewable energy economy. It begins by discussing the identifiability and homogeneity of electricity, drawing similarities to the concept of money. The chapter delves into the essence of money, examining its role in facilitating transactions and value exchange. It then explores how the FinTech revolution, which revolutionized the financial industry, is now reaching the energy sector. The emergence of blockchain technology is highlighted as a game-changer in the energy industry. The chapter explores the application of blockchain to the Digital Grid, demonstrating its potential to enhance transparency, security, and efficiency in energy transactions. Overall, this chapter offers insights into the growing renewable energy economy, drawing parallels to the world of finance and showcasing the transformative potential of blockchain technology in the energy sector.
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References
Adam Smith, translated by Kazuo Okochi, “The Wealth of Nations I,” Chuko Bunko, pp 39–48
Felix Martin, translated by Mami Endo, “Monetary Theory of the 21st Century: Money,” Toyo Keizai, Inc.
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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
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Abe, R. (2023). The Expanding Renewable Energy Economy. In: Digital Grid. Springer, Singapore. https://doi.org/10.1007/978-981-99-4280-0_15
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DOI: https://doi.org/10.1007/978-981-99-4280-0_15
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Online ISBN: 978-981-99-4280-0
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