Blockchain and Energy Transition: What Are the Challenges for Cities?

Lamia Jamel^{1, 2,} and Abdelkader Derbali^{3, 4}

¹Department of Economic, College of Business Administration, Taibah University, Medinah, Saudi Arabia

²Department of Economic, Faculty of Economic Sciences and Management of Sousse, Sousse University, Sousse, Tunisia

³Department of Finance, Community College, Taibah University, Medinah, Saudi Arabia

⁴Department Finance, Higher Institute of Informatics and Management of Kairouan, Kairouan University, Kairouan, Tunisia

Cite this paper:
Lamia Jamel and Abdelkader Derbali. Blockchain and Energy Transition: What Are the Challenges for Cities?. International Journal of Global Energy Markets and Finance. 2019; 2(1):6-11. doi: 10.12691/ijgefm-2-1-2

Abstract

The aim of this exploratory note is to draw the first outlines of the experimental use of blockchains for energy at the local level: to what extent can blockchains impact the energy transition of cities? How can cities and their inhabitants, thanks to this technology, become a producer of energy and consume all or part of this same energy? This exploratory note provides an overview of the types of energy this technology could apply to, as well as potential uses in the territories. Multiple experiments seem to be already launched by public and private actors, for example in the sector of municipal buildings, exchanges between private actors or in the energy sector for the (electric) mobility of people. The opportunities and vigilance of blockchain technologies for communities are discussed. In addition, perspectives to establish if and when a massification of this technology at the local level could be possible are presented.

Keywords:
blockchain technologies energy transition

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