Energy Science

DeFi Adoption in the Energy and Utilities Industry
Toward Sustainable Digital Transformation

Editors: Pushan Kumar Dutta, PhD
S. B. Goyal, PhD
Chaman Verma, PhD
Hemachandran Kannan, PhD

DeFi Adoption in the Energy and Utilities Industry

Now on Press
Pub Date: Forthcoming August 2026
Hardback Price: see ordering info
Hard ISBN: 9781779642394
E-Book ISBN: 978-1-77964-240-0
Pages: 426 pp w/index
Binding Type: hardback / ebook
Notes: 50 b/w illustrations

The energy and utilities industry is undergoing a profound transformation, driven by rapid advancements in decentralized finance (DeFi) and blockchain technology. As the world becomes increasingly focused on sustainable energy solutions, the convergence of these innovations presents a unique opportunity to reshape the industry’s landscape.

This timely and essential volume, DeFi Adoption: Digital Transformation in the Energy and Utilities Industry, offers a focused exploration of the potential impact of DeFi on the energy sector. In a context where traditional financial systems and centralized energy infrastructures have often contributed to environmental challenges, DeFi emerges as a promising alternative—one that can streamline operations, enhance transparency, and support a more sustainable energy future.

The book examines how integrating DeFi platforms can unlock new possibilities across the energy value chain. It explains how renewable energy producers, such as those in solar and wind, can tokenize energy output for trading on decentralized exchanges. It also explores digital automation capabilities that enable energy-related transactions—such as billing, payments, and trading—to be executed efficiently, reducing operational complexity and minimizing human error. Additional topics include the role of DeFi in advancing financial inclusion through tools such as microloans and energy-backed securities, as well as the broader social and environmental implications of blockchain and cryptocurrency.

A key strength of the volume lies in its practical orientation. It addresses challenges associated with adoption, including regulatory uncertainty, scalability, and interoperability, while offering guidance for navigating these barriers. These insights will be valuable for industry stakeholders seeking to implement DeFi and blockchain-based solutions, as well as for policymakers and researchers engaged in shaping the sector’s future.

From energy automation and decentralization to the integration of artificial intelligence and cloud computing, the book provides a comprehensive view of the digital transformation underway in the energy and utilities sector. By addressing pressing challenges and highlighting the transformative potential of emerging technologies, this volume stands as a significant contribution to the evolving discourse on sustainable and decentralized energy systems.

CONTENTS:
Preface

1. Decentralizing the Charge: Unlocking the Potential of DeFi and Blockchain for EV-Charging Infrastructure
Ushaa Eswaran, Vivek Eswaran, Keerthna Murali, and Vishal Eswaran

2. Application of Digital Transformation in Green Steel Production in an IoT-Enabled Environment
Muhammad Izz Rosli, Siti Najihah Zaini, Fatin Saiha Omar, And Rozidawati Awang Satyapriya Satapathy, Ambarish G. Mohapatra, Jaideep Talukdar, Narayan Nayak, Ashish Khanna, and Athanasios V. Vasilakos

3. Decentralized Management of Reactive Power in Restructured Energy Markets
Preetinder Kaur

4. Detecting Data Anomalies with Python in Metaverse: IQR, MAD, LOF, and KNN Models Explored (XRP/USD Coin Sample)
Nadir Subasi and Özen Özer

5. Establishing Green Brand Identity: A Comprehensive Approach Toward Sustainable Business
Avinash Pratap Gupta and Piyush Pandey

6. Exploring the Horizon: The Future of Decentralized Financial Technologies in Energy and Utilities
Neha Tandon and Sayali Kharpate

7. Wind Turbine Immersive Technologies in the Future of Renewable Energy: Fashionable and Futuristic Digital Transformation Decentralized Finance in Green Energy and Global Energy Transition
Bhupinder Singh and Christian Kaunert

8. Green Digital Finance and Its Impact on Sustainable Development
M. Shuaib Ahmed, M. Mohammed Mustafa, and Shaply Abdul Kareem

9. Unlocking Financial Access: The Fusion of Fintech, DeFi, and Digital Marketing
Madhusudan Narayan, Ashutosh Sharma, and Ashok Kumar Srivastava

10. Survey on Blockchain-Based Software Engineering: Challenges and Opportunities
Amolkumar N. Jadhav, Yogesh Uttamrao Bodhe, Ajit R. Patil, Kuldeep Vayadande, Amruta Sushant Sarudkar, and Rahul Prakash Mirajkar

11. DeFi Ecosystem for Future Application of Renewable Energy Trading and Smart Energy Loans Through Development of IoT for a Smart Digital Economy
Sumanta Bhattacharya

12. Peer-to-Peer Energy Trading: Empowering Decentralized Finance in the Energy Sector
Neha Tandon and Sayali Kharpate

13. Application of AI and IoT for Decentralized Finance in Renewable Energy Management and Green Energy Promotion for Sustainable Socio-Economic Development
Sumanta Bhattacharya and Bhavneet Kaur Sachdev

14. Cryptocurrencies and Decentralized Finance (DeFi)
C. Vijai and Worakamol Wisetsri

15. Revolutionizing Energy Management: AI-Driven Innovations for Sustainability
Indra Kishor, Udit Mamodiya, Deepti Dwivedi, and Priya Goyal

16. IoT-Driven Next-Gen Solutions for Sustainable Renewable Energy Management
Udit Mamodiya, Indra Kishor, Deepti Dwivedi, and Priya Goyal

Index


About the Authors / Editors:
Editors: Pushan Kumar Dutta, PhD
Associate Professor, School of Engineering and Technology, Amity University Kolkata, India

Pushan Kumar Dutta, PhD, currently serves as an Associate Professor at Amity University Kolkata, India, bringing over 12 years of comprehensive teaching experience across undergraduate and doctoral programs. His academic portfolio encompasses specialized instruction in critical emerging technological domains, with a particular emphasis on artificial intelligence, Internet of Things, and digital innovation. As a distinguished academic, Dr. Dutta has made substantial contributions to scholarly literature, having edited more than 60 books for prominent international academic publishers. His research expertise spans multiple interdisciplinary technological domains, with a pronounced focus on the convergence of advanced technological systems and societal progression. Dr. Dutta has been designated as a Mentor of Change by NITI Aayog and honored with the Venus International Faculty Award. Moreover, he has demonstrated his innovative prowess through the acquisition of two Indian patents and Indian copyright, underscoring his significant contributions to technological research and development. With a postdoctoral qualification in Mechatronics and an extensive publication record in Scopus-indexed journals, Dr. Dutta continues to pioneer innovative research at the critical intersection of technological advancement and societal development. His multifaceted academic profile demonstrates a commitment to technological education, research excellence, and fostering the next generation of engineering professionals, positioning him as a leading figure in the dynamic field of electronics and communication engineering.

S. B. Goyal, PhD
Dean, Department of Computer Science & Engineering, Chitkara University Institute of Engineering and Technology, Chitkara University, Punjab, India

Prof. Dr. S. B. Goyal, is a distinguished academician and researcher in the field of Computer Science and Engineering, with over two decades of experience spanning teaching, research, and academic leadership. He earned his PhD from Banasthali University, Rajasthan, India, in 2012. Dr. Goyal has made significant contributions to the integration of Industry Revolution (IR) 4.0 technologies into higher education curricula, including quantum computing, big data, data science, artificial intelligence, blockchain, and cloud computing, particularly across Malaysian universities. A seasoned speaker and thought leader, he has been invited to deliver keynote talks and serve as a panelist at several prestigious forums, including Bloconomic 2019 and the World AI Show 2021, as well as various academic and industry platforms focused on IR 4.0 advancements. Dr. Goyal is an IEEE senior member (since 2013) and a certified IBM Master Mind Faculty (since 2013). His research interests lie at the forefront of technological innovation, encompassing cyber security, Internet of Things (IoT), data mining, artificial intelligence, machine learning, blockchain, metaverse, and quantum computing. Dr. Goyal is also a respected editorial contributor, serving as a reviewer, guest editor, and editor for numerous international journals and Scopus-indexed books, with publishers such as IEEE, Springer, IGI Global, and Inderscience. Currently, Dr. Goyal holds the position of Professor and Dean, Department of Computer Science & Engineering at the Chitkara Institute of Engineering & Technology, Chitkara University, Rajpura, Punjab, India, since June 2025. Prior to this, he served as Dean and Director of the Faculty of Information Technology at City University, Malaysia, where he led the faculty to achieve notable recognition and academic excellence at national and international levels. He has also played a pivotal role in embedding emerging technologies and skills into university curricula, introducing modules on big data, cloud computing, blockchain, DevOps, Google Flutter, cyber security, and data science, thereby aligning academic programs with industry demands. Dr. Goyal is committed to building a future-ready, globally benchmarked academic ecosystem, equipping students with advanced technological competencies and preparing them for leadership in a rapidly evolving digital world.

Chaman Verma, PhD
Assistant Professor, Department of Media and Educational Informatics, Faculty of Informatics, Eötvös Loránd University, Budapest, Hungary 

Chaman Verma, PhD, is an Assistant Professor in the Department of Media and Educational Informatics, Faculty of Informatics, Eötvös Loránd University, Budapest. He has served as a project leader and chief researcher on NRDIO-funded initiatives and has received multiple prestigious awards, including ÚNKP, EFOP, and Stipendium Hungaricum scholarships. He completed his PhD and postdoctoral research at ELTE, supported by national and government funding programs. With around a decade of academic and industry experience, he has authored over 150 publications across major publishers such as IEEE, Elsevier, and Springer. His research focuses on data analytics, feature engineering, real-time systems, and educational informatics.

Hemachandran Kannan, PhD
Director, AI Research Centre and Area Chair, Analytics Department, Woxsen University, Hyderabad, India

Hemachandran Kannan, PhD, is the Director of the AI Research Centre as well as Associate Dean of the School of Business and Area Chair of the Analytics Department at Woxsen University, Hyderabad, India. He is an ambassador of the AI Accelerator Institute and an advisory board member for many international and national companies such as AptAI Labs, USA; Agzitence Pvt, Ltd; and many more. He has served as an effective resource person for various national and international scientific conferences and also gave lectures on topics related to artificial intelligence. Currently, he is also serving as an Expert at UNESCO and as a ATL Mentor of Change.




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