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RESEARCH PRODUCT
Regulating blockchain for sustainability? The critical relationship between digital innovation, regulation, and electricity governance
Carlo AmentaE. Riva SanseverinoCarlo Stagnarosubject
020203 distributed computingCommercial scaleBlockchainRenewable Energy Sustainability and the Environmentbusiness.industry020209 energyCorporate governanceEnergy Engineering and Power Technology02 engineering and technologySettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaFuel TechnologyNuclear Energy and EngineeringSustainability0202 electrical engineering electronic engineering information engineeringBlockchain Energy market Innovation RegulationBusinessElectricityElectric power industrySettore SECS-P/08 - Economia E Gestione Delle ImpreseSocial Sciences (miscellaneous)Industrial organizationdescription
Abstract Blockchain technology has found several innovative applications in the electricity industry. However, its potential has still to be discovered. This is partly due to the role that regulation plays in electricity markets. To be introduced, experimented with, and eventually adopted on a commercial scale, blockchain-supported innovations need to fit the existing regulatory framework or the rules to be reshaped or updated. We focus on energy regulators' possible responses to the blockchain-enhanced market operations (both from the incumbents and potential newcomers), suggesting a monitoring mechanism that can support innovation.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2021-06-01 | Energy Research & Social Science |