Blockchain in the Energy Sector: An Advancing Technology to Tackle Global Climate Change? With a foreword by Reimund Schwarze Alexander Freier, Reimund Schwarze, Alejandro Bernhard

Format:

Book

Author/Creator:

Freier, Alexander, Author.

Contributor:

Schwarze, Reimund Prof. Dr., Author of introduction, etc.

Bernhard, Alejandro Prof. Dr., Author of introduction, etc.

Language:

English

Subjects (All):

Blockchain.

Energiesektor.

Energy Sector.

climate change.

Klimawandel.

Technologie.

Local Subjects:

Blockchain.

Energiesektor.

Energy Sector.

climate change.

Klimawandel.

Technologie.

Physical Description:

1 online resource (153 pages)

Edition:

1st ed.

Place of Publication:

Hannover ibidem 2024

Biography/History:

Alexander Freier studied Political Science and holds a doctorate in Global Studies from the University of Leipzig, Germany. He earned a double Master's degree in Business Administration and International Business Administration from the Catholic University of Cordoba, Argentina, and the European University Viadrina Frankfurt/Oder, Germany. He is former professor of International Relations at the Catholic University of Cordoba, Argentina, and Research Associate at the Centre for Blockchain Technologies at University College London, United Kingdom. Since 2021, he has also been responsible for Strategy and International Affairs at the renewable energy project development company Energiequelle GmbH, Germany. His research focuses on the nexus between renewable energy and climate change policies. Since 2019, he has been exploring the opportunities to implement blockchain-based solutions in the energy sector as well as their potential to serve as climate technologies. His most recent research project focused on the usage of renewable energy to enhance the sustainability of Proof-of-Work mining.

Prof. Dr. Reimund Schwarze (Professor of International Environmental Economics, Faculty of Business Administration and Economics, European University Viadrina Frankfurt/Oder, Germany).

Prof. Dr. Alejandro Bernhard (Professor of Business Studies, ICDA Business School, Catholic University of Cordoba, Argentina).

Alexander Freier studied Political Science and holds a doctorate in Global Studies from the University of Leipzig, Germany. He earned a double Master's degree in Business Administration and International Business Administration from the Catholic University of Cordoba, Argentina, and the European University Viadrina Frankfurt/Oder, Germany. He is former professor of International Relations at the Catholic University of Cordoba, Argentina, and Research Associate at the Centre for Blockchain Technologies at University College London, United Kingdom. Since 2021, he has also been responsible for Strategy and International Affairs at the renewable energy project development company Energiequelle GmbH, Germany. His research focuses on the nexus between renewable energy and climate change policies. Since 2019, he has been exploring the opportunities to implement blockchain-based solutions in the energy sector as well as their potential to serve as climate technologies. His most recent research project focused on the usage of renewable energy to enhance the sustainability of Proof-of-Work mining.

Summary:

Renewable energy sources have become a key research focus in the field of global environmental governance. Within this context, new technical innovations seek to overcome challenges resulting from volatile renewable energy production and a lack of storage capacities. Blockchain, a distributed ledger technology using cryptography, has gained prominence as an integral component within the increasingly decentralized and digitalized global energy infrastructure. Against this background, Alexander Freier argues that the application of blockchain technologies represents a viable option to enhance the efficiency and balancing of renewable energy as well as to subsequently reduce greenhouse gas (GHG) emissions if the following three components are met: the ongoing implementation of technological advancements, an adequate global normative framework, and general trust on the part of key market actors to promote blockchain in the energy sector on a global scale. Departing from an analysis of the relationship between climate change and energy, Freier conducts a legal analysis to explore possible "bottom-up" perspectives for the implementation and transfer of technological innovation derived from climate contracts. This analysis examines the technological infrastructure surrounding blockchain energy as well as its application to the Brooklyn Microgrid in the US and the WindNODE trading platform in Germany from an International Relations perspective.

Contents:

Intro

Foreword

Abstract

List of Figures

List of Abbreviations

1. Introduction and Hypothesis

1.1. Introduction

1.2. Hypothesis

2. Methodology and Justification of the Chosen Research Topic

3. Theoretical Approaches

3.1. Introduction

3.2. Global Governance

3.3. Regime Theory

3.4. Policy Transfer and Policy Diffusion

3.5. Green Theory

3.6. Conclusion

4. Climate Change

4.1. CO2-Climate Change Nexus.

4.2. Climate Change-Energy Nexus

4.3. Conclusion: Energy-CO2 Nexus

5. Normative International Framework

5.1. International Climate Contract and Climate Technologies

5.2. Conclusion

6. The Digitalization of Renewable Energy

6.1. Contextualization

6.2. Prosumer

6.3. Smart Grids

6.4. Distributed Energy Resources (DER)

6.5. Blockchain for renewable energy transitions

6.6. Smart contracts

6.7. Processes of blockchain classification

6.8. Limitations of blockchain

6.9. Conclusion

7. First Empirical Case Study:T he Brooklyn Microgrid (BMG)

7.1. Introduction

7.2. Blockchain-based microgrid components

7.3. The Brooklyn Microgrid (BMG)

7.4. Conclusion

8. Second Empirical Case Study: WindNODE

8.1. Introduction to the digitalization of the "Energiewende"

8.2. SINTEG

8.3. WindNODE Flexibility Platform

8.4. Conclusion

9. Main Conclusion

10. Bibliography

10.1. Interviews:.

ISBN:

3-8382-7717-1

Publisher Number:

9783838277172