Print Email Facebook Twitter Decentralised Local Energy Markets Title Decentralised Local Energy Markets: Evaluating the Impact of Blockchain Technology on Local Energy Markets Author de Vrij, Xavier (TU Delft Technology, Policy and Management) Contributor van Beers, Cees (graduation committee) Hakvoort, R.A. (mentor) Scholten, D.J. (mentor) Degree granting institution Delft University of Technology Programme Management of Technology (MoT) Date 2018-11-23 Abstract Uprising innovative technologies like blockchain and the Internet of Things are increasingly changing the energy domain. These disruptive technologies are becoming more mainstream as a result of media attention and are supported by large multinationals like Tesla and Google. This combined with the enormous CO2 emissions due to fossil fuels and increased number of black-outs has resulted in a growing societal need for self-owned and self-generated renewable energy. More and more communities are forming intending to produce their own energy and to sell their excess energy to their neighbours via local energy markets. This concept of local energy markets can theoretically be realised via the use of a blockchain. However, the manner in which and by whom this ideally shall be done is inconclusive. This research aimed to identify how the proposed business models are impacted by the blockchain facilitating local energy markets. This was done by stress testing the innovated business models against the identified uncertainties and scenarios that the blockchain and the transitioning energy domain bring forth. It was found that the business models of the Distribution System Operator and Supplier are despite several challenges feasible whereas the business model for the commercial/industrial prosumer is not and is advised to make a market entry at a later stage. Subject BlockchainLocal Energy MarketsLocal Energy SystemsBusiness Model InnovationBusiness Model Stress TestBusiness Model Canvas To reference this document use: http://resolver.tudelft.nl/uuid:4dcdd475-3128-4bb5-babc-ce89807e5222 Part of collection Student theses Document type master thesis Rights © 2018 Xavier de Vrij Files PDF XdeVrij_Thesis.pdf 2.58 MB Close viewer /islandora/object/uuid:4dcdd475-3128-4bb5-babc-ce89807e5222/datastream/OBJ/view