logo-eui RSCAS
FSR

BOOK / Energy

Blockchain book cover

Blockchain meets Energy

Author(s): HERMOSILLA ASTORGA Diego A., PAREDES Juan, PETER Viktor, ROSADO RIVIAL Moisés, SOTO SEPÚLVEDA Eduardo

Find out more / Download it via EUI Repository

ABSTRACT

Blockchain is a distributed ledger technology currently in the limelight because of its promise to enable decentralisation of transactions within (virtual) communities of users. The transition to a more decarbonised, digitalised and decentralised energy system create new challenges but also new opportunities to apply the various types of blockchain networks and create value across the electricity supply chain. Pilot projects and trials on several use cases are ongoing not only in developed economies but also in emerging countries across Latin America. Indeed, due to its properties, blockchain could have a larger impact on energy systems that are less advanced from a market and regulatory point of view. Entrepreneurs, active consumers, researchers, regulators, and policy-makers will all play a relevant role in the development of this technology and its use in the energy sector.