A survey of of blockchain-based solutions for Energy Industry

TL;DR

This survey reviews blockchain-based solutions in the energy industry, categorizing existing research by challenges, quality attributes, and maturity to guide future developments in this evolving field.

Contribution

It provides a comprehensive categorization and analysis of blockchain applications in the energy sector from multiple perspectives, aiding researchers.

Findings

Blockchain addresses key energy industry challenges.

Solutions vary in maturity levels.

Enhanced transparency and security are common benefits.

Abstract

The energy industry needs to shift to a new paradigm from its classical model of energy generation, distribution, and management. This shift is necessary to handle digitization, increased renewable energy generation, and to achieve goals of environmental sustainability. This shift has several challenges on its way and has been seen through research and development that blockchain which is one of the budding technology in this era could be suitable for addressing those challenges. This paper is aimed at the survey of all the research and development related to blockchain in the energy industry and uses a software engineering approach to categories all the existing work in several clusters such as challenges addressed, quality attribute promoted, the maturity level of the solutions, etc. This survey provides researchers in this field a well-defined categorization and insight into the existing work in this field from 3 different perspectives (challenges, quality attributes, maturity).