Published February 2018 | Version v1
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Blockchain and energy transition - what challenges for cities?

Description

Energy blockchain experiments and pilots are multiplying, driven by tech-savvy entrepreneurs. It looks like the new technology is disrupting the energy system from Spain to the US. What is in it for cities? Energy Cities makes sense of the blockchain buzz with this publication. The blockchain is not just for techies: after stirring up financial markets through the virtual currency bitcoin, the blockchain technology is quickly conquering other industries and markets - notably energy. The energy sector has been undergoing radical transformations, from decentralization, new storage technologies to the advent of artificial intelligence in managing supply and demand. Can the disruptive blockchain technology support cities in tackling these drastic and quickly unfolding changes? In this study, Energy Cities deciphers the potential role of blockchain in the local energy transition. How does it work and what does it impact concretely? How can it be applied in local energy systems? What are the opportunities and threats associated with this new technology that local governments should know about? Can it strengthen cities' role in the energy market or will it entrench the reign of the dinosaur utilities? These questions are explored in this study, and a comprehensive overview of ongoing relevant blockchain energy projects for cities is given

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Additional details

Additional titles

Original title (French)
Blockchain et transition energetique. Quels enjeux pour les villes?

Publishing Information

ISBN
978-2-9528748-8-5
Imprint Pagination
70 p.
Report number
INIS-FR--18-0703

Optional Information

Notes
80 refs.; Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses