Science of Energy Blockchain Innovation
In addition to gathering industry leaders and innovators in energy blockchain, the Event Horizon Summit fosters interactions among researchers and practitioners around novel and innovative research in this field. The summit will feature an academic panel discussing these research results and recommendations, as well as posters exhibiting novel findings that have either been recently published or are in process of publications.
The abstracts have been selected by a renowned expert committee, including Christoph Burger, faculty member at ESMT in Germany, Andrea Leiter, Visiting Researcher at the Harvard Law School, and Jesus Nieto-Martin, Senior Research Fellow at the London Business School, following a public call. The academic contribution to Event Horizon has been diverse, with research conducted across continents by both senior scientists and graduate students, at universities, institutes, corporations and startups. The selected portfolio of contributions challenges current paradigms using decentralised approaches to enrich the debate and advance the state-of-the-art. The application of blockchain technology to integrate different stakeholders appears to be this year’s favourite theme, demonstrating how the technology is maturing and investigating the specifics with platforms, models, surveys or trials:
- In a qualitative study on diffusion of innovation in P2P energy trading, Brücknerová and Zappe of the Stockholm School of Economics discern regulatory aspects, including data protection legislation such as GDPR, to be the most important impediment in diffusion of blockchain application in P2P residentialtransactions and highlight the opportunities for start-ups to provide blockchain solutions in this area considering the relative inactivity of the incumbent energy providers (Karolina Brücknerová and Ina Zappe, The Diffusion of Blockchain Technology in P2P Electricity Trading).
- Takeda et al. of the University of Tokyo and Trende describe a Japanese case study design and implementation with 48 multi-intraday market clearings for a microgrid (Yasuhiro Takeda, Anette Werth and Kanji Tanaka, P2P Energy Trading based on Market Mechanism).
- Fell and Schneiders from the UCL Energy Institute discuss the results of a survey on consumer interest in blockchain-based P2P trading schemes using a representative sample of around 2000 adults in the United Kingdom (Michael J. Fell and Alexandra Schneiders, Customer demand for blockchain-enabled peer-to-peer energy trading in the United Kingdom).
- Scott et al. of Instituto Superior Técnico, Universidade de Lisboa, Portugal and Laboratory for Information and Decision Systems, Massachusetts Institute of Technology (MIT)investigate the challenges of different market arrangements and pricing schemes from a decentralised market perspective (Ian J. Scott, Diana Neves, Carlos A. Silva, Bidding and Markets in Hierarchical Blockchain Peer 2 Peer (P2P) Electricity Trading)
- Surmann and Utz of Fraunhofer ISE and Fraunhofer IEE proposea decentralized multi-agent, flexible energy management system, where users can buy locally produced energy or buy assets of the PV plant itself, matching overproduction and overconsumption between the tenants in a residential building based on fully automated and trusted smart contracts (Arne Surmann and Manuel Utz,Development of a Blockchain-based multi-agent energy management system for tenant electricity concepts in a zero-emission neighbourhood in Germany)
- Gorenflo et al. of the University of Waterloo propose a modification of a legacy back end solution to ensure transparency in the relationship between property owners and electric vehicle infrastructure operators (Christian Gorenflo, Lukasz Golab and Srinivasan Keshav, Using a Blockchain to Mitigate Trust in Electric Vehicle Charging, Proc. ACM eEnergy 2019)
- Ahl et al. of Tokyo Institute of Technology, Hong Kong University of Science and Technology, and University of Tokyo explore holistic approaches to institutional cross-sector deployments of regulatory sandboxes, with the aim to accelerate the potential measurable benefit of deploying blockchain technology in the energy sector (Amanda Ahl, Masaru Yarime, Kenji Tanaka and Daishi Sagawa, Review of blockchain-based distributed energy: Implications for institutional development, Renewable and Sustainable Energy Reviews Vol. 107, June 2019, p.200-211)
- Brenzikofer of Super Computing Systems presents SubstraTEE, an extension to Parity Substrate for enhancing privacy in blockchain solutions, as as well as atomic cross-chain transfers (bridges), which was awarded a Web3 Foundation grant(Alain Brenzikofer, SubstraTEE: Enhancing Privacy on Substrate-Based Blockchains leveraging Trusted Execution Environments)
- Marlon et al. of Reiner Lemoine Institute and Grid Singularity tackle the bidding behaviour of market participants and demonstrate benefits of stepwise bidding strategies for prosumers in a local energy market (Marlon Fleck, Fatuma Mohamed Ali and Dirk von den Biggelaar, Microgrid bidding strategies and the effect of big participants)
- Johanning et al. of Leipzig University Institute for Infrastructure and Resources Management (IIRM)and Fraunhofer Institute for Open Communication Systems – FOKUS present an experimental economics application to create synthetic actor behaviours and evaluate price dynamics, flexibility markets and behaviour transparency (Simon Johanning, Philipp Lämmel, Benjamin Dittwald, Hendrik Kondziella, Thomas Bruckner LabChain: A blockchain-based Research Infrastructure for Experimental Energy Economics)
- Vlachos of the National Technical University of Athens presents a method for maintaining pro/consumer ownership of databy using decentralised Automatic Meter Reading (AMR) for connecting with an energy data marketplace enabled by blockchain technology (Ioannis Vlachos, Design and implementation of a decentralized AMR System using blockchains, smart contracts and LoRaWan)
- Hinterstocker et al. of Forschungsgesellschaft fürEnergiewirtschaft mbH propose a distributed energy data platform for recording and storing regulatory compliant databases (Michael Hinterstocker, Andreas Zeiselmair, Alexander Bogensperger, Serafin von Roon, Implementation and Evaluation of a Distributed Energy Data Platform)
- Khanji and Assaf of Green Tomorrow for Sustainable Solutions value the potential of blockchain in the transport sector, analysing a secured ridesharing distributed model use case in Jordan (Salam Khanji and Sameer Assaf, Boosting Ridesharing Efficiency Through Blockchain: GreenRide Application Case Study)