ETRO VUB
About ETRO  |  News  |  Events  |  Vacancies  |  Contact  
Home Research Education Industry Publications About ETRO

ETRO Publications

Full Details

Book Publication

NRGcoin—A Blockchain-based Reward Mechanism for Both Production and Consumption of Renewable Energy

Host Publication: Transforming Climate Finance and Green Investment with Blockchains

Authors: M. Emilov Mihaylov, I. Razo Zapata and A. Nowé

Publisher: Academic Press

Publication Year: 2018

ISBN: 978-0-12-814447-3


Abstract:

To mitigate our dependence on fossil fuels, new schemes to reward the production and consumption of renewable (green) energy are required. Green energy needs to effectively offset the consumption of grey energy, i.e., energy from mixed sources. The NRGcoin concept supports the integration of renewable energy by incentivizing its local production and consumption within the low-voltage grid. It creates not only a more secure and transparent energy provisioning mechanism, but also promotes a local ecosystem in which key stakeholders (prosumers, consumers, and utilities and grid operators) can mutually benefit from each other. After discussing the main issues with traditional support policies, this chapter presents the NRGcoin concept in details. It describes the problem being solved while emphasizing the main benefits and potential challenges for NRGcoin’s adoption. Finally, we also contribute four important questions, which help set a reasoning framework to clarify and justify the use of Blockchain in addressing various challenges.

Other Reference Styles
Other Publications

• Journal publications

IRIS • LAMI • AVSP

• Conference publications

IRIS • LAMI • AVSP

• Book publications

IRIS • LAMI • AVSP

• Reports

IRIS • LAMI • AVSP

• Laymen publications

IRIS • LAMI • AVSP

• PhD Theses

Search ETRO Publications

Author:

Keyword:  

Type:








- Contact person

- IRIS

- AVSP

- LAMI

- Contact person

- Thesis proposals

- ETRO Courses

- Contact person

- Spin-offs

- Know How

- Journals

- Conferences

- Books

- Vacancies

- News

- Events

- Press

Contact

ETRO Department

info@etro.vub.ac.be

Tel: +32 2 629 29 30

©2019 • Vrije Universiteit Brussel • ETRO Dept. • Pleinlaan 2 • 1050 Brussels • Tel: +32 2 629 2930 (secretariat) • Fax: +32 2 629 2883 • WebmasterDisclaimer