Applicability of blockchain-based technologies in the energy sector
The project examines the ongoing, far-reaching transformation of the electricity sector towards an increased use of alternative, renewable energy sources, going beyond a simple decentralization of the electricity market. Blockchain-based technologies (BC) have the potential to play a key role in this transition by offering decentralized interfaces and systems as well as alternative configurations for the energy market.
The focus is on applicability of BC-based technologies in the energy sector, utilization of BC in various elements of the energy systems such as trading, information storage and increased transparency and democratization.
A Transition Studies perspective is utilized to review potential barriers, as well as to map out prospective transition trajectories.