Abstract
Blockchain technology (BCT) enables the automated execution of smart contracts in peer-to-peer (P2P) energy trading. BCT-based P2P platforms allow the sharing, exchange and trade of energy among consumers or prosumers as peers, fostering the decarbonization, decentralization and digitalization of the energy industry. On the other hand, BCT-based P2P energy trading relies on the collection, storage and processing of a large amount of user data, posing interdisciplinary challenges, including user anonymity, privacy, the governance of BCT systems and the role of energy market players. First, this paper seeks to review the state of the art of European data protection law and regulations by focusing on BCT compliance with the General Data Protection Regulation (GDPR) of 2018. Second, it explores both the potentials and the challenges of BCT-based P2P energy trading from a legal–economic perspective. To do so, the paper adopts an interdisciplinary approach which intertwines both law and economics, by reviewing the recent literature on BCT and P2P energy trading. Findings have revealed that the deployment of BCT-based P2P energy trading is still in its pilot stage because of technology immaturity, data protection uncertainty, incomplete disintermediation and the lack of both user awareness and collaboration among market players. Drawing on the review, the paper also proposes a selection of solutions to foster the implementation of BCT-based P2P energy trading.
Subject
Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction
Reference116 articles.
1. Model of monthly electricity consumption of healthcare buildings based on climatological variables using PCA and linear regression;Energy Rep.,2022
2. (2022, December 02). Enerdata. Available online: https://d1owejb4br3l12.cloudfront.net/publications/executive-briefing/eu-evolution-households-energy-patterns.pdf.
3. (2022, December 02). Eurostat. Available online: https://ec.europa.eu/eurostat/web/products-eurostat-news/-/ddn-20220617-1.
4. Digitalised, decentralised power infrastructures challenge blockchains;Deconinck;Proc. Inst. Civ. Eng. Smart Infrastruct. Constr.,2020
5. Combating copycats in the supply chain with permissioned blockchain technology;Shen;Prod. Oper. Manag.,2022
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献