Blockchain, sustainability and clean energy transition

Popkova, Elena G.; Bogoviz, Aleksei V.; Lobova, Svetlana V.; Vovchenko, Natalia G.; Sergi, Bruno S.

doi:10.1016/j.glt.2023.04.002

Cited by 14 publications

(2 citation statements)

References 74 publications

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“…Secondly, it investigates how these applications help to directly or indirectly meet the Sustainable Development Goals (SDGs) related to the energy sector, environmental sustainability, social inclusion, and smart cities. Compared to works dealing with the potential impact of blockchain in SDGs [6][7][8], this work analyzes a larger number of goals and focuses on a specific sector.…”

Section: Introductionmentioning

confidence: 99%

Blockchain in the Energy Sector for SDG Achievement

Vaccargiu,

Pinna,

Tonelli

et al. 2023

Sustainability

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Blockchain technology finds application in multiple sectors, including renewable energy. Numerous blockchain-based applications aim to provide support in the production, management, distribution, and consumption of green energy. The benefits offered are not only technological but also social, environmental, and economic. The purpose of this study is to examine how the application of blockchain in the energy industry may affect the achievement of the Sustainable Development Goals (SDGs). This study is composed of two parts. The first part concerns the identification and analysis of the most relevant categories of blockchain applications in the energy sector and their ability to contribute to the achievement of the SDGs. A knowledge base, comprising scientific articles, gray literature, and real-world applications, has been created and analyzed. With a keyword-based approach, each application was associated with one or more SDGs. In the second part, the Sustainability Awareness Framework (SuSAF) was used to examine the findings of the first part of the study and discuss them in terms of five dimensions of sustainability. Finally, potential risks associated with the use of blockchain in the energy sector are also covered. Results reveal that tracking energy production and consumption and renewable energy communities are the applications that have the most beneficial effects, and that the benefits linked to blockchain adoption go beyond the energy sector to include the environment, the economy, industry, infrastructure, smart cities, and society.

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Section: Introductionmentioning

confidence: 99%

Blockchain in the Energy Sector for SDG Achievement

Vaccargiu,

Pinna,

Tonelli

et al. 2023

Sustainability

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“…Moreover, even in cases where the operational cost of blockchain technology is relatively high, manufacturers find it profitable to adopt blockchain due to government subsidies provided to either the manufacturer or the consumer. Popkova et al, (2023) [10] identified numerous successful instances worldwide where blockchain has been effectively applied to address climate change and facilitate the transition to clean energy. For example, the blockchain ecosystem DAO IPCI in Russia garnered approval and support from multiple organizations dedicated to mitigating climate change.…”

Section: Introductionmentioning

confidence: 99%

A Decomposition Analysis of the Energy System Patent with Blockchain Technology

Mao,

Fujii

2023

Energies

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The energy blockchain is a platform based on blockchain technology, creating a secure, transparent, and decentralized system for peer-to-peer transactions and automated smart contracts. This platform has the ability to facilitate the exchange and management of energy resources, such as electricity or renewable energy certificates. Our research aims to clarify the growth trends of energy systems with blockchain technology throughout the world. The novelty of this study is to understand the main factor in energy blockchain patent granting using a patent decomposition analysis and log mean Divisia index analysis and discover the relative importance in the R&D shift from electricity to other technology. Additionally, the IPC for energy blockchain technology primarily focuses on configuring and managing energy systems, including electricity, gas, and water supply. We also present a comprehensive overview of how countries and companies engage with energy blockchain technology and find China leads with 59% of patents, followed by the U.S. with 20%, but their specific tech shares differ. Participants span beyond traditional energy sectors, including electric and electronic machinery, IT firms, transport manufacturers, startups, and universities dedicated to blockchain technology.

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Are artificial intelligence and blockchain the key to unlocking the box of clean energy?

Yang,

Zhu,

2024

Energy Economics

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Blockchain, sustainability and clean energy transition

Cited by 14 publications

References 74 publications

Blockchain in the Energy Sector for SDG Achievement

Blockchain in the Energy Sector for SDG Achievement

A Decomposition Analysis of the Energy System Patent with Blockchain Technology

Are artificial intelligence and blockchain the key to unlocking the box of clean energy?

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