Blockchain in the Energy Sector

Jens Strüker, Simon Albrecht and Stefan Reichert ()
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Jens Strüker: Fresenius University of Applied Sciences
Simon Albrecht: University of Freiburg
Stefan Reichert: BearingPoint

Chapter 2 in Business Transformation through Blockchain, 2019, pp 23-51 from Springer

Abstract: Abstract The digitization of the energy industry continues to pick up speed. A new driver of this rapid development is currently the blockchain technology, which could, according to many experts, usher in the next stage of development of the Internet. Blockchains have the potential to optimize energy management processes in almost all stages of the value chain while coping with the rising complexity of the increasingly decentralized energy system.

Keywords: Blockchain; Smart grid; Smart contract; Energy sector; Electric utility; Business process innovation; Energy transformation (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-99058-3_2

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DOI: 10.1007/978-3-319-99058-3_2

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