TY - JOUR
T1 - Systematic analysis of the blockchain in the energy sector
T2 - trends, issues, and future directions
AU - Ma, Chao-Qun
AU - Lei, Yu-Tian
AU - Ren, Yi-Shuai
AU - Chen, Xun-Qi
AU - Wang, Yi-Ran
AU - Narayan, Seema
N1 - Funding Information:
This research is supported by the National Natural Science Foundation of China (No. 72104075 , 71850012 , 72274056 ), the National Social Science Fund of China (No. 19AZD014 ), the Major Special Projects of the Department of Science and Technology of Hunan province (No. 2018GK1020 ), the Natural Science Foundation of Hunan Province (No. 2022JJ40106 ), China Association for Science and Technology (No. 20220615ZZ07110402 ), the Hunan Social Science Achievement Review Committee (No. XSP21YBC087 ), and H unan University Youth Talent Program .
Publisher Copyright:
© 2023 Elsevier Ltd
PY - 2024/3
Y1 - 2024/3
N2 - The decentralized revolution being ushered in by blockchain, an emerging technology with the potential to bring significant innovation and benefits, has also piqued the interest of major players in the energy supply industry, financial institutions, technology developers, academia, and national governments. How the deep integration of blockchain and energy will impact energy's prospects and the energy market remains an open question. This study conducts a composite of qualitative and quantitative analyses of 622 selected articles on blockchain in the energy field. It is dedicated to identifying feasible technical paths and potential themes. The results show that (1) Research in this field follows two main approaches: engineering- and management-oriented. (2) Management-oriented research has become mainstream. (3) Research has led to new transaction systems, and the commercialization of energy blockchains has driven research iterations. Thematic predictions call for more attention to the negative impacts of technology, such as new business risks, the problem of lagging regulations, and the drawbacks of high energy consumption. This study provides research references and practical suggestions for researchers, regulators, and enterprises.
AB - The decentralized revolution being ushered in by blockchain, an emerging technology with the potential to bring significant innovation and benefits, has also piqued the interest of major players in the energy supply industry, financial institutions, technology developers, academia, and national governments. How the deep integration of blockchain and energy will impact energy's prospects and the energy market remains an open question. This study conducts a composite of qualitative and quantitative analyses of 622 selected articles on blockchain in the energy field. It is dedicated to identifying feasible technical paths and potential themes. The results show that (1) Research in this field follows two main approaches: engineering- and management-oriented. (2) Management-oriented research has become mainstream. (3) Research has led to new transaction systems, and the commercialization of energy blockchains has driven research iterations. Thematic predictions call for more attention to the negative impacts of technology, such as new business risks, the problem of lagging regulations, and the drawbacks of high energy consumption. This study provides research references and practical suggestions for researchers, regulators, and enterprises.
KW - Bibliometric analysis
KW - Blockchain
KW - Energy decentralization
KW - Energy market
KW - Peer-to-peer energy trading
KW - Smart grids
UR - http://www.scopus.com/inward/record.url?scp=85174698558&partnerID=8YFLogxK
U2 - 10.1016/j.telpol.2023.102677
DO - 10.1016/j.telpol.2023.102677
M3 - Article
AN - SCOPUS:85174698558
SN - 0308-5961
VL - 48
JO - Telecommunications Policy
JF - Telecommunications Policy
IS - 2
M1 - 102677
ER -
