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2017 | nr 1(1) | 3--15
Tytuł artykułu

Blockchain Technology Impact on the Energy Market Model

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Języki publikacji
Rapid development of distributed energy resources technologies, along with network constraints, plus few consumer-oriented business models, has led to a search for radically different power system configurations. This is the basis for exploring an energy market model which meets the requirements of the changing environment. This model could be referred to as a transactive energy model whose main focus is on trading energy by a peer-to-peer principle, where the power company is replaced with a fully trusted trading platform based on distributed ledger technologies, i.e. blockchain technology. The aim of this paper is to analyze energy sector solutions related to the use of blockchain technology. The emergence of these solutions indicates, on the one hand, the need for verification of the existing energy market model and, on the other hand, the need to modify the approach towards the changing environment. Blockchain technology not only means the use of cryptographic mechanisms to build trustworthy agreements without intermediary institutions between the unfamiliar users of transactions: it is also a new philosophy of life based on trust. (original abstract)
Opis fizyczny
  • Ignacy Łukasiewicz Institute of Energy Policy in Rzeszów
  • Bashir I., Mastering Blockchain Distributed ledgers, decentralization and smart contracts explained, Published by Packt Publishing Ltd. Biringham- Mumbai, 2017.
  • Berkley J., The promise of the blockchain The trust machine, The Economist, 2015.
  • Bonneau J., Miller A., Clark J., Narayanan A., Kroll J.A., and Felten E.W., Perspectives and Challenges for Bitcoin and cryptocurrencies, SoK: Research, IEEE Symposium on Security and Privacy, vol. 2015, p. 104-121.
  • Cummings D., UK startup, Electron, has deployed the first demo of a decentralized "top down" blockchain energy platform, (access: 14.11.2017).
  • Goertzel B., Goertzel T., Goertzel Z., The global brain and the emergence of the world of abundance, Mutualism, open collaboration, exchange networks and the automated commons, Technological forecasting and Social Change, 114/2017, p. 65-73.
  • Hablen M., Financial sector expands use of blockchain databases, (the article was originally published by Computerworld), 28.09.2016, (access: 20.11.2017).
  • Halicki M.,Lustofin P., Wykorzystanie koncepcji bezpośrednich w realizacji zobowiązań umownych, Człowiek w cyberprzestrzeni 1/2017, Studia i artykuły, 2017.
  • Hyperledger: What is Hyperledger Fabric?
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