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Decentralized Energy Networks based on Blockchain: Background, Overview and Concept Discussion

  • This paper provides a snapshot of the globally ongoing decentralization of (business) relations in the energy sector. This tendency can be observed in other domains as well and is accompanied by new digital technological developments. Blockchain technology is assigned disruptive potential when it comes to realize those decentralization ideas. This hype about Blockchain is mainly company-driven without a solid academic basis yet. The authors are currently involved in several research efforts for utilizing distributed energy resources like photovoltaic systems, batteries and electric cars for the setup of energy communities and marketplaces. The paper, therefore, presents detailed investigations of background and motivations for decentralization and the building of (local) energy communities and (peer-to-peer) marketplaces for sustainable utilization of renewable energies. An overview of recent related Blockchain-based works is presented, and the current state and feasibility for the realization of the envisioned decentralized solutions are discussed. In this way, the work aimed at contributing to a research-based decision foundation for upcoming Blockchain-based decentralization efforts.

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Metadaten
Author:Mario Pichler, Markus Meisel, Andrija Goranovic, Kurt Leonhartsberger
Parent Title (English):Proceeding BSCT 2018: 1st Workshop on Blockchain and Smart Contract Technologies
Document Type:Conference Proceeding
Language:English
Completed Date:2018/07/01
Responsibility for metadata:Fachhochschule Technikum Wien
Release Date:2019/02/26
GND Keyword:Blockchain; Energy Network
Publish on Website:1
Open Access:0
Reviewed:0
Link to Publication:https://www.researchgate.net/publication/329175760_Decentralized_Energy_Networks_based_on_Blockchain_Background_Overview_and_Concept_Discussion
Department:Department Industrial Engineering
Dewey Decimal Classification:6 Technik, Medizin, angewandte Wissenschaften / 60 Technik
Research Focus:Renewable Energy Systems
Studienjahr:2017/2018
Projects:Import