A few months ago, the InEExS partner NTUA participated to the 7th International Scientific Conference EMAN 2023 – Economics and Management: How to Cope With Disrupted Times, that was held in Slovenia, in March 2023. The topic of the presentation was a market analysis that resulted in a list of barriers affecting the successful application of blockchain technology in the energy sector.
Distributed Ledger Technology, known as blockchain, is an emerging technology that can play an important role in green energy transition. Although blockchain can be applied to a wide range of applications in the energy sector, there is a lack of sound understanding. This paper, now available on the conference website, aims to provide a market analysis with the use of PESTLE and SWOT, resulting in a list of barriers that affect the successful application of blockchain technology in the energy sector. The findings could assist related stakeholders, such as energy market actors and policymakers to acquire a clearer view of blockchain use in the energy sector and draw strategies that will overcome the barriers leading to the establishment of this technology in the energy sector.
