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Application of blockchain technology for electricity supplier change

: Pemsel, Jonas; Warweg, Oliver; Bretschneider, Peter


Institute of Electrical and Electronics Engineers -IEEE-; Institute of Electrical and Electronics Engineers -IEEE-, Power & Energy Society -PES-:
17th International Conference on the European Energy Market, EEM 2020 : 16-18 September 2019, Stockholm, Sweden, Online conference
Piscataway, NJ: IEEE, 2020
ISBN: 978-1-7281-6919-4
ISBN: 978-1-7281-6920-0
6 pp.
International Conference on the European Energy Market (EEM) <17, 2020, Online>
Conference Paper
Fraunhofer IOSB ()
Blockchain; distributed ledger; energy informatic; energy internet

In the course of digitalization various technologies which could deeply transform present processes are put forth. As such an innovation, blockchain is attributed to have potential to make energy industry procedures more efficient and to simplify them. The aim of this paper is to examine the applicability of this technology using the change of power supplier as an example. Based on Ethereum a proper blockchain solution for the use-case is developed using smart contracts to handle all processes of the example. Beside qualitative evaluation of manipulation security and privacy, a test scenario is built to measure the speed in which the developed solution allows supplier changes.