@article{HoehneTiberius2020,
  author    = {H{\"o}hne, Stefan and Tiberius, Victor},
  title     = {Powered by blockchain},
  series = {International journal of energy sector management},
  volume    = {14},
  journal   = {International journal of energy sector management},
  number    = {6},
  publisher = {Emerald Group Publishing Limited},
  address   = {Bingley},
  issn      = {1750-6220},
  doi       = {10.1108/IJESM-10-2019-0002},
  pages     = {1221 -- 1238},
  year      = {2020},
  abstract  = {Purpose: The purpose of this study is to formulate the most probable future scenario for the use of blockchain technology within the next 5-10 years in the electricity sector based on today's experts' views. Design/methodology/approach: An international, two-stage Delphi study with 20 projections is used. Findings: According to the experts, blockchain applications will be primarily based on permissioned or consortium blockchains. Blockchain-based applications will integrate Internet of Things devices in the power grid, manage the e-mobility infrastructure, automate billing and direct payment and issue certificates regarding the origin of electricity. Blockchain solutions are expected to play an important big role in fostering peer-to-peer trading in microgrids, further democratizing and decentralizing the energy sector. New regulatory frameworks become necessary. Research limitations/implications: The Delphi study's scope is rather broad than narrow and detailed. Further studies should focus on partial scenarios. Practical implications: Electricity market participants should build blockchain-based competences and collaborate in current pilot projects. Social implications: Blockchain technology will further decentralize the energy sector and probably reduce transaction costs. Originality/value: Despite the assumed importance of blockchain technology, no coherent foresight study on its use and implications exists yet. This study closes this research gap.},
  language  = {en}
}