Overview on Research and Business Applications of Blockchain Technology in Energy and Power Industry

doi:10.12204/j.issn.1000-7229.2020.11.001

Abstract

Abstract:

The energy and power industry is characterized by multiple participants, long business process and wide distribution area, resulting in serious data islands, credit transfer difficulties and prominent trading risks. Blockchain has the characteristics of transparency, traceability, tamper-proof,decentralization and other technical features, making its extensive and in-depth application in the energy and power industry an inevitable trend. This paper firstly analyzes the applicability of blockchain technology in the energy and power industry, and then proposes an architecture of energy blockchain application. Then, after a summary of existing research, this article introduces in detail the typical business application scenarios that have been implemented in early 2020, and describes the business architecture and application effects based on blockchain technology for each scenario. Finally, the development prospect and classification of business application scenarios are discussed. The existing problems in the current application of blockchain in the energy and power industry are analyzed, and the corresponding development suggestions are put forward.

Key words: energy blockchain, application scenarios, electricity trading, data sharing, smart legal

CLC Number:

TM73

YANG Ke, XUAN Jiaxing, WANG Huanjuan, LI Guomin, SHEN Xueqing. Overview on Research and Business Applications of Blockchain Technology in Energy and Power Industry[J]. ELECTRIC POWER CONSTRUCTION, 2020, 41(11): 1-15.

Figures/Tables 14

Fig.1 Architecture of energy blockchain application

Fig.2 Blockchain-based business architecture of distributed electricity market-oriented transaction

Fig.3 Blockchain-based business architecture of new energy cloud

Fig.4 Blockchain-based business architecture of integrated energy service

Fig.5 Blockchain-based business architecture of electric vehicle charging pile sharing

Fig.6 Blockchain-based business architecture for material procurement

Fig.7 Blockchain-based business architecture for business expansion and installation

Fig.8 Blockchain-based business architecture for smart financial

Fig.9 Blockchain-based business architecture of smart legal service

Fig.10 Blockchain-based business architecture of safe production

Fig.11 Blockchain-based business architecture for financial technology

Fig.12 Blockchain-based business architecture for data sharing

Fig.13 Blockchain-based business architecture for network security operation and maintenance

Table 1 Business application summary of blockchain in energy and power industry

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