Modeling the enablers for blockchain technology adoption in renewable energy supply chain

Iman Ghasemian Sahebi, Alireza Mosayebi, Behzad Masoomi and Fatemeh Marandi

Technology in Society, 2022, vol. 68, issue C

Abstract: The literature illustrates Blockchain Technology (BT) to offer various advantages resulting in progress in the renewable energy supply chains (RESC). It is predicted that BT will bring a novel paradigm in the approach of transactions implemented in the RESC by decreasing the number of intermediaries, delayed payments, and high transaction lead times. As a developing economy, Iran provides the energy needs of an ever-growing population and confronts many issues affecting RESC. As a result, it is, therefore, crucial to accept BT in the RESC to leverage the different advantages. In the current study, we recognize and implement the relationships between the enablers of BT adoption in RESC. Twelve enablers were identified from the literature, and verified by the experts before using a Fuzzy Interpretive Structural Modelling (FISM) and Fuzzy Decision-Making Trial and Evaluation Laboratory (FDEMATEL) methodology. The results propose that the comparison among the identified enablers shows the most superior of secure database for BT implementation in RESC tracked by immutability and decentralized database. The results will provide better situations for the practitioners to design the strategies for BT implemented in renewable energy within a real-time data-driven RESC.

Keywords: Blockchain technology; Renewable energy supply chain; Blockchain enablers; FISM; FDEMATEL (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:68:y:2022:i:c:s0160791x22000124

DOI: 10.1016/j.techsoc.2022.101871

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