Impact Of Blockchain Technology On The Energy Industry In Germany

Download Impact Of Blockchain Technology On The Energy Industry In Germany full books in PDF, epub, and Kindle. Read online Impact Of Blockchain Technology On The Energy Industry In Germany ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Impact of Blockchain Technology on the Energy Industry in Germany

Author :
Publisher : GRIN Verlag
ISBN 13 : 3346914070
Total Pages : 26 pages
Book Rating : 4.3/5 (469 download)

DOWNLOAD NOW!

Book Synopsis Impact of Blockchain Technology on the Energy Industry in Germany by :

Download or read book Impact of Blockchain Technology on the Energy Industry in Germany written by and published by GRIN Verlag. This book was released on 2023-07-28 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Economics - Industrial Economics, grade: 1,0, Fresenius University of Applied Sciences Hamburg, language: English, abstract: What impact will blockchain technology have on the energy industry in Germany? For some years now, blockchain technology has been increasingly in the focus of the media, companies and even countries. The potential of this new technology is still largely unknown. Nevertheless, possible applications for society and industry can already be found today. Cryptocurrencies can be traded anonymously worldwide, independent of states, banks or other institutions. That is why they are increasingly in the focus of politics and under strong criticism. However, blockchains can not only be used to exchange digital currencies, but also to design new digital use cases that could play an important role, especially in the age of digitalization. These potentially faster, autonomous and decentralized applications are secured by cryptographic keys. Companies, as well as the general public, can benefit from the properties of the blockchain. The data on the blockchain is immutable and open to inspection. Therefore, they provide a high level of security and trust in the digital world that did not exist before. The new technology is influencing many areas of the economy, including the energy industry in Germany. Germany and many European countries are currently in the midst of the energy transition. Renewable energy sources are an important part of this. Nuclear and coal-fired power plants are being dismantled and wind and solar farms are being built. In addition, more and more private households are producing their own energy. This is changing the energy supply from a centralized to a decentralized grid.

Blockchain in the Energy Sector

Author : Alexander Freier
Publisher : Ibidem Press
ISBN 13 : 9783838217178
Total Pages : 0 pages
Book Rating : 4.2/5 (171 download)

DOWNLOAD NOW!

Book Synopsis Blockchain in the Energy Sector by : Alexander Freier

Download or read book Blockchain in the Energy Sector written by Alexander Freier and published by Ibidem Press. This book was released on 2024-03-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable energy sources became a key research focus in the field of global environmental governance. Within this context, new technical innovations seek to overcome challenges resulting from volatile renewable energy production and lacking storage capacities. Blockchain, a distributed ledger technology using cryptography, gained prominence as an integral component within the increasingly decentralized and digitalized global energy infrastructure. Against this background, Alexander Freier argues that the application of blockchain technologies represents a viable option to both enhance the efficiency and balancing of renewable energy as well as to subsequently reduce GHG emissions if the following three components are met: the ongoing implementation of technological advancements, an adequate global normative framework, and general trust on behalf of key market actors to promote blockchain in the energy sector on a global scale. Departing from an analysis of the relationship between climate change and energy, Freier conducts a legal analysis to explore possible ʼbottom-upʼ perspectives for the implementation and transfer of technological innovation derived from climate contracts. This analysis examines the technological infrastructure surrounding blockchain energy as well as its application to the Brooklyn MicroGrid in the US and the WindNODE trading platform in Germany from an International Relations perspective.

Integration of Blockchain Components in the Electricity Balance Area Management

Author : Andrei Gladikov
Publisher : GRIN Verlag
ISBN 13 : 3668939012
Total Pages : 123 pages
Book Rating : 4.6/5 (689 download)

DOWNLOAD NOW!

Book Synopsis Integration of Blockchain Components in the Electricity Balance Area Management by : Andrei Gladikov

Download or read book Integration of Blockchain Components in the Electricity Balance Area Management written by Andrei Gladikov and published by GRIN Verlag. This book was released on 2019-05-15 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2019 in the subject Energy Sciences, grade: 1.8, University of Freiburg, language: English, abstract: This thesis is aimed to estimate the severity of recent balancing costs fallen onto balancing responsible parties (BRPs), the quality of forecast incentive, and prove a blockchain-based secondary flexibility market with quota mechanism of trading activation rights an efficient and economically viable tool for BRPs for offsetting schedule deviations at short notice. After developing a prosumer-enabled model which is system integrated complying with existing balancing management, various scenarios of deviations exchange are emulated. The focus of this work is set to justify the sufficiency of strategic value in blockchain technology as the market underlying infrastructure and as a complementary layer for the established data exchange platform. This thesis identifies blockchain benefits and regulatory challenges for synchronization of multiple flexibility providers, creating and managing deviations-conscious balancer communities, resulting in energy balancing costs reduction, enabling innovative business models and additional revenue streams for balancing groups. The increasing uncertainty of the power supply in Germany due to the surge in fluctuating renewable energy, power plant failures and accidental changes in consumption lead to the energy system imbalance. This not only threatens the system security, but also turns into financially punitive consequences for energy market players. Current market-based solutions and the German established data exchange platform with market rules ‘MaBiS’ do not foster a bottom-up collaboration in balancing groups to timely offset schedule deviations. The capability to modify and/or shift consumption of industrial or commercial end-customers as well as to adjust energy output of generation units gives a unique opportunity for organizing a shared platform for flexibility services exchange to mitigate the risk of paying imbalance tariff.

Blockchain-Technology in the Energy Industry

Author : Bartek Mika
Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.6/5 (136 download)

DOWNLOAD NOW!

Book Synopsis Blockchain-Technology in the Energy Industry by : Bartek Mika

Download or read book Blockchain-Technology in the Energy Industry written by Bartek Mika and published by . This book was released on 2020-02-13 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The expansion of renewable energy is rapidly increasing as part of the energy revolution. The structure of energy supply systems is becoming increasingly decentralized (decentralization). New players, such as prosumers, who generate and consume their own electricity, could establish themselves in the electricity market. However, due to their low capacity, prosumers are currently unable to participate economically in electricity trading. In particular, the increasing complexity of control and the load on the network infrastructure as well as the high requirements on data security, which are associated with the exchange of electricity and the associated electricity bills, require digitalization of the energy revolution (Energiewende 2.0). The aim of this book is to examine if the "blockchain as a driver of the energy revolution" for the development of new digital business models can contribute to the successful transformation of the energy system. Numerous statements from energy industry experts, study results and two surveys indicate that blockchain has high potential in the medium and long term to significantly impact the energy industry in the coming years. Blockchain technology promises economic value through its strengths such as disintermediation, security, transparency and automation. However, in addition to technical challenges such as the upcoming smart meter rollout, the smart meter gateway required for communication, and the compatibility between the smart metering systems and the blockchain, there are also legal and regulatory hurdles which make the use of the blockchain difficult in the short-term. By far the most widely discussed usage of blockchain in the energy sector is the peer-to-peer trading of decentralized electricity from renewable energies. Therefore, it was examined within the framework of a concept, whether there is a possibility for prosumers to participate economically in electricity trading, despite their low capacity. The results show that due to regulatory constraints such an implementation is only possible in form of a service model in which all areas of responsibility are transferred to a service provider (eg electricity supplier). An independently developed business model, which includes peer-to-peer trading based on a service, shows the required infrastructure, a detailed process description in the context of a business process map and one option to configure the blockchain.

Blockchain and the Digital Economy

Author : Steinmetz FIEDLER
Publisher :
ISBN 13 : 9781788212243
Total Pages : 176 pages
Book Rating : 4.2/5 (122 download)

DOWNLOAD NOW!

Book Synopsis Blockchain and the Digital Economy by : Steinmetz FIEDLER

Download or read book Blockchain and the Digital Economy written by Steinmetz FIEDLER and published by . This book was released on 2020-07-31 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the key concepts of blockchain technology and an overview of the machinations of different blockchain ecosystems. It discusses the socioeconomic impact of this new technology, including its effects on sectors such as energy, data, capital markets, logistics, and gambling.

Innovation Landscape brief: Blockchain

Author : International Renewable Energy Agency IRENA
Publisher : International Renewable Energy Agency (IRENA)
ISBN 13 : 9292602063
Total Pages : 55 pages
Book Rating : 4.2/5 (926 download)

DOWNLOAD NOW!

Book Synopsis Innovation Landscape brief: Blockchain by : International Renewable Energy Agency IRENA

Download or read book Innovation Landscape brief: Blockchain written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2019-09-01 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: IRENA’s Innovation Landscape report highlights innovations in enabling technologies.

Decentralised Energy

Author : Christoph Burger
Publisher : Ubiquity Press
ISBN 13 : 1911529692
Total Pages : 313 pages
Book Rating : 4.9/5 (115 download)

DOWNLOAD NOW!

Book Synopsis Decentralised Energy by : Christoph Burger

Download or read book Decentralised Energy written by Christoph Burger and published by Ubiquity Press. This book was released on 2020-01-14 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy system is undergoing a fundamental transformation – from fossil to renewable energy, from central power plants to distributed, decentralised generation facilities such as rooftop solar panels or wind parks, from utilities to private residents as producers of energy, and from analogue to digital. This book looks at the energy transformation from two complementary angles: governance and business model innovation. On the one side, governance is a decisive factor for the success of the transformation because it can act as an accelerator, or it can delay the process. On the other side, entrepreneurs and corporate decision-makers provide new business models for a decentralised energy world. Based on best practices, country studies and interviews with CEOs and founders of startups from all over the world, the “Global Game Changer” suggests eight key principles for political decision-makers to successfully implement the transformation, and six core competencies for corporate decision-makers to thrive in the new marketplace.

The Potential Impact of Blockchain on the Energy Markets in the Netherlands and South Africa

Author : Emily Daemen
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!

Book Synopsis The Potential Impact of Blockchain on the Energy Markets in the Netherlands and South Africa by : Emily Daemen

Download or read book The Potential Impact of Blockchain on the Energy Markets in the Netherlands and South Africa written by Emily Daemen and published by . This book was released on 2019 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is one of four in a series that reviews the potential application of blockchain technology in market-based instruments to improve transparency and, consequently, sustainability in the energy value chain in several jurisdictions. The research in these four papers underpins “Blockchain for Governance of Sustainability Transparency in the Global Energy Value Chain” which can be found at: "https://ssrn.com/abstract=3236753" https://ssrn.com/abstract=3236753.In this paper, the author considers the legal and regulatory frameworks for the Netherlands and South Africa. From a regulation and policy perspective, the author explores challenges and possibilities for the use of blockchain technology for market based instruments for sustainability, specifically emissions trading and green certificates.

Blockchain-Based Smart Grids

Author : Miadreza Shafie-khah
Publisher : Academic Press
ISBN 13 : 0128178620
Total Pages : 232 pages
Book Rating : 4.1/5 (281 download)

DOWNLOAD NOW!

Book Synopsis Blockchain-Based Smart Grids by : Miadreza Shafie-khah

Download or read book Blockchain-Based Smart Grids written by Miadreza Shafie-khah and published by Academic Press. This book was released on 2020-05-14 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications. Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology Written by a global group of authors for worldwide coverage

The Real Business of Blockchain

Author : David Furlonger
Publisher : Harvard Business Press
ISBN 13 : 163369805X
Total Pages : 309 pages
Book Rating : 4.6/5 (336 download)

DOWNLOAD NOW!

Book Synopsis The Real Business of Blockchain by : David Furlonger

Download or read book The Real Business of Blockchain written by David Furlonger and published by Harvard Business Press. This book was released on 2019-10-15 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain is transforming business. What's your strategy? Leaders of forward-thinking organizations are exploring how blockchain can transform the way they create and seek value. Whether it's used to streamline multiparty processes, create and trade new assets, or leverage artificial intelligence and the internet of things, blockchain enables entirely new business opportunities. This is just the start. As blockchain becomes more widely adopted, it has the potential to radically change the way companies and societies operate, as transformative a paradigm shift as the launch of the internet. The Real Business of Blockchain is one of the first books on this transformative technology written for business leaders. Authors David Furlonger and Christophe Uzureau--both of Gartner, the world-renowned research and advisory company--will help you: Assess how blockchain will impact your business Explore the value proposition that blockchain offers Make smart near- and midterm investments Position your organization in a new competitive landscape Timely, visionary, and accessible, The Real Business of Blockchain cuts through the hype and helps you unlock the vast capabilities of this powerful and potentially world-changing technology.

Application of Blockchain Technology in Energy Trading

Author : Feba Sara Vinu
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Book Synopsis Application of Blockchain Technology in Energy Trading by : Feba Sara Vinu

Download or read book Application of Blockchain Technology in Energy Trading written by Feba Sara Vinu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy traders and investors may need help with the process for various reasons. Therefore, technology can be used to streamline the process for all parties involved. Using blockchain in energy trading has the potential to transform the industry entirely.Research and discussion on the connection between centralised energy systems and climate change are quickly gaining popularity. Numerous potential solutions, including distributed energy resources (DERs), renewable energy sources, and blockchain-based peer-to-peer (P2P) energy trading, will undoubtedly be implemented for such a significant problem. This article will describe the platform, applications, and effects of using blockchain in energy trading.The energy sector must deal with significant issues like rising energy consumption, a failing environment, and rapidly changing technology. The blockchain solution has the potential to help, but it only sometimes solves these issues. Although Bitcoin miners and cryptocurrencies are frequently linked to the blockchain, this technology also applies to the transactive energy market.

Handbook of Research on Blockchain Technology and the Digitalization of the Supply Chain

Author : Najar, Tharwa
Publisher : IGI Global
ISBN 13 : 1668474573
Total Pages : 585 pages
Book Rating : 4.6/5 (684 download)

DOWNLOAD NOW!

Book Synopsis Handbook of Research on Blockchain Technology and the Digitalization of the Supply Chain by : Najar, Tharwa

Download or read book Handbook of Research on Blockchain Technology and the Digitalization of the Supply Chain written by Najar, Tharwa and published by IGI Global. This book was released on 2023-06-06 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain is a recent technology that is promising to revolutionize the way supply chains are designed and operated. Regarding its role in securing exchanges of data, this technology has remarkably changed the manner of governing the structure of the supply chain relationships and the way that transactions are made. Blockchain technology is likely to influence future supply chain practices by performing electronic integration, supporting partners’ connections, and offering real-time information flows. Thus, blockchain technologies are gaining interest among both academicians and professionals. This interest concerns the conceptual level and also the practical and concrete levels of the implementation of blockchain technology in supply chains. The Handbook of Research on Blockchain Technology and the Digitalization of the Supply Chain presents blockchain’s basic concepts and pertinent methods that contributed to meeting key supply chain management objectives. It determines the current trends and challenges in the use of blockchain to enhance supply chain management. Covering topics such as communication systems, documentation systems, and supply chain evolution, this major reference work is an excellent resource for business leaders and managers, logistics professionals, IT managers, students and educators of higher education, librarians, researchers, and academicians.

White Paper Blockchain in Trade Facilitation

Author : United Nations
Publisher :
ISBN 13 : 9789211172546
Total Pages : 158 pages
Book Rating : 4.1/5 (725 download)

DOWNLOAD NOW!

Book Synopsis White Paper Blockchain in Trade Facilitation by : United Nations

Download or read book White Paper Blockchain in Trade Facilitation written by United Nations and published by . This book was released on 2020-12-28 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain technology is one of the most talked about topics in the sphere of information technology as well as in the facilitation of electronic business. The cryptocurrency Blockchain applications are well known and well-publicized, however, this technology has the potential to influence the way that we do business today, as its use expands to new areas. Blockchain, which is one form of Distributed Ledger Technology (DLT), offers opportunities to increase the reliability and security of trade transactions. The repetition of data among multiple ledgers in a network, as well as the immutability of information after it has been integrated into the Blockchain, can increase levels of confidence for both traders and regulators.

Cryptocurrencies and Blockchain Technology

Author : Andrew Karpan
Publisher : Greenhaven Publishing LLC
ISBN 13 : 1534505350
Total Pages : 176 pages
Book Rating : 4.5/5 (345 download)

DOWNLOAD NOW!

Book Synopsis Cryptocurrencies and Blockchain Technology by : Andrew Karpan

Download or read book Cryptocurrencies and Blockchain Technology written by Andrew Karpan and published by Greenhaven Publishing LLC. This book was released on 2019-07-15 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: With cryptocurrencies like Bitcoin on the rise, many wonder if these digital currencies could be the exchange medium of the future, but what are cryptocurrencies and the blockchain technology that facilitates them? Blockchain technology involves linking a series of digital records through cryptography without the use of a centralized server, which when applied to asset exchange creates cryptocurrencies. However, there are various concerns about the ability to regulate cryptocurrencies, their stability, and whether they can be applied on a global scale. This volume enables readers to better understand these new technologies and the controversies surrounding them.

Applications of Blockchain Technology in Business

Author : Mohsen Attaran
Publisher : Springer Nature
ISBN 13 : 3030277984
Total Pages : 112 pages
Book Rating : 4.0/5 (32 download)

DOWNLOAD NOW!

Book Synopsis Applications of Blockchain Technology in Business by : Mohsen Attaran

Download or read book Applications of Blockchain Technology in Business written by Mohsen Attaran and published by Springer Nature. This book was released on 2019-09-25 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3–12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain’s powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.

Blockchain Technology for Emerging Applications

Author : SK Hafizul Islam
Publisher : Academic Press
ISBN 13 : 0323901948
Total Pages : 354 pages
Book Rating : 4.3/5 (239 download)

DOWNLOAD NOW!

Book Synopsis Blockchain Technology for Emerging Applications by : SK Hafizul Islam

Download or read book Blockchain Technology for Emerging Applications written by SK Hafizul Islam and published by Academic Press. This book was released on 2022-05-21 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain Technology for Emerging Applications: A Comprehensive Approach explores recent theories and applications of the execution of blockchain technology. Chapters look at a wide range of application areas, including healthcare, digital physical frameworks, web of-things, smart transportation frameworks, interruption identification frameworks, ballot-casting, architecture, smart urban communities, and digital rights administration. The book addresses the engineering, plan objectives, difficulties, constraints, and potential answers for blockchain-based frameworks. It also looks at blockchain-based design perspectives of these intelligent architectures for evaluating and interpreting real-world trends. Chapters expand on different models which have shown considerable success in dealing with an extensive range of applications, including their ability to extract complex hidden features and learn efficient representation in unsupervised environments for blockchain security pattern analysis. Introduces the basic architecture and taxonomy of blockchain technology Surveys the most recent developments and challenges in blockchain-enabled technology for various application domains with fundamental and technical depth Investigates how to devise secure and reliable applications and blockchain-enabled decentralized secure solutions using blockchain technology

Blockchain and Supply Chain Management

Author : Nir Kshetri
Publisher : Elsevier
ISBN 13 : 0323899358
Total Pages : 264 pages
Book Rating : 4.3/5 (238 download)

DOWNLOAD NOW!

Book Synopsis Blockchain and Supply Chain Management by : Nir Kshetri

Download or read book Blockchain and Supply Chain Management written by Nir Kshetri and published by Elsevier. This book was released on 2021-03-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain and Supply Chain Management combines discussions of blockchain and supply chains, linking technologies such as artificial intelligence, Internet of Things, satellite imagery, and machine vision. The book examines blockchain’s basic concepts, relevant theories, and its roles in meeting key supply chain objectives. The book addresses problems related to inefficiency, opacity, and fraud, helping the digitization process, simplifying the value creation process, and facilitating collaboration. The book is balanced between blockchain and supply chain application and theory, covering the latest technological, organizational and regulatory developments in blockchain from a supply chain perspective. The book discusses the opportunities, barriers, and enablers of blockchain in supply chain policy, along with legal and ethical implications. Supply chain management faces massive disruption with the dynamic changes in global trade, the impact of Covid-19, and technological innovation. Entire industries are also being transformed by blockchain, with some of the most promising applications in supply chain management. Provides theoretical and practical insights into both blockchain and supply chains Features numerous illustrative case studies, boxes, tables, and figures Examines blockchain's impacts on supply chains in four key industries: Food and beverage, healthcare, pharmaceuticals, and finance