Blockchain application within Net-Zero Energy Factories. A cost-benefit analysis for a German carpentry

The planning of Net-Zero Energy Factories might contribute to the better integration of power generated by volatile renewable energy sources into manufacturing systems. However, the investments needed for operating a Net-Zero Energy Factory might dissuade facility operators. The application of a blockchain might represent the missing element to make Net-Zero Energy Factories an attractive solution. The aim of this study is to present a cost-benefit analysis to plan a German carpentry as a Net-Zero Energy Factory. Businesses can increase the transparency of their energy usage by storing the Net-Zero Energy Factory's information, such as energy production, consumption and manufactured goods, in a blockchain. The increase in transparency can help to satisfy the regulatory compliance of green energy set by their respective governments. It is also helpful for businesses to demand higher prices while selling their products to customers, retailers and government projects.