Literature Review Summary

Author / Date Concept Paradigm / Context / Setting / Findings Future Research Gaps
Theoretical Method Sample
Model /Aim
Yu, Q., 2018. Design, This thesis will This design was Three pricing Future area to  Smart
offer an implemented using strategies, namely explore: contract on
Implementation, and the Ethereum zero intelligence
innovative network the
Evaluation of a Blockchain- blockchain and was real-time-pricing, blockchain.
procedure for constraints,
enabled Multi-Energy seamless
tested with real inversed-
Incorporating  Hardware
consumption production peak storage
Transaction System for coordination, and production pricing, and game- energy
conversion  Cyber
District Energy Systems, allocation and profiles of electricity theory based
security
and heating pricing,were losses for heat
Zurich: s.n. settlement of pumps; Heating issues
systems. compared and
energy
evaluated. losses in the  Regulatory
transactions in a the game-theory tube, aspect
multi-carrier based pricing Renewable  Quantum
district energy strategy yields the technolo computers
system. best
local energy
Lu, H. et al., 2019. Blockchain The Purpose of Observational Major oil and gas The level of This paper  Current
Technology in the Oil and Gas this paper is to Study blockchain projects awareness, presents to the legal
Industry: A Review of enable more in in Asia, Europe, opportunities, oil and gas Framework
Applications, Opportunities, the oil and gas North America, threats and risks industry the  Future legal
Challenges, and Risks. IEEE industry to South America and and technology concept of challenges
Access, 7(99), pp.41426– understand the Africa. patterns of the oil blockchain presented
41444. blockchain and and gas industry technology. The by
to review blockchain will be specification is blockchain
opportunities analysed. The key divided into  Regulatory
and challenge in findings are as four sections: challenge
the oil and gas follows: exchange, posed by
industry. -Europe and Asia management blockchain
have the fastest and decision- in the
pace of evolving making,
blockchain
 technology in the monitoring and energy
oil and gas cyber-security. sector.
industry, but  Hashing
there are still few Value
oil and gas  Proof of
blockchain work
projects in  Making
operation or Blockchain
testing immutable
worldwide; -the  Lack of
understanding of hardware
blockchain in the design
oil and gas  Inheritance
industry is not Challenges
sufficiently
adequate, the
software is still in
the experimental.
–Blockchain may
have operational,
legal, and cyber
risks.
Ratanasopitkul, P., 2019. For non-financial Qualitative A proposed local market blockchain the application of Energy aw and
for trading electricity from
Proceedings of the applications, analysis, Renewable Energy technology will blockchain consumer protection.
Conference on the Industrial blockchain participant Sources (RESs) disrupt in many technology in
and Commercial Use of technology can observation industries include many processes
energy sector that must comply with
Energy, ICUE, 2018, pp. include the
can apply this regulations. As a
energy sector, technology from result, this use of
which has grid management blockchain
implementation to retail & customer technology
examples in experience that will requires more
many industries. transformation to scalability and
regulatory
 new business compliance to
model. support.
This paper Qualitative the paper analyses These  Private
Mustafa, M., Cleemput, S. & proposes a local security problems requirements blockchain
electricity trading
case study and potential can be used to models
Abidin, A., 2016. A Local market and privacy threats guide the future  Current
Electricity Trading Market: provides a imposed on users, design of secure
legal
Security Analysis. IEEE comprehensive which leads to the local electricity
security analysis of specification trading markets or Framework
System Journal, p. 2. 978-1- this of a set of security to perform a risk  Future legal
5090-3358-4/16 market. and privacy assessment of
requirements such markets.
challenges
presented
by
blockchain

Pipattanasomporn, M., Kuzlu, This paper addresses Qualitative The experiment was The blockchain- This paper  Smart
M. & Rahman, S., 2019. this issue by set up in a laboratory related work addresses this contract
presenting the
case study. issue with the application
Proceedings of the environment.Discuss primarily focuses on
Conference on the Industrial implementation in preliminary presentation of a  Regulation
components of the market and blockchain
and Commercial Use of laboratories of an economic Challenges
microgrid energy business aspects network of  Blockchain
Energy, ICUE, 2018, pp. open-source evaluation by
collaborative effort markets related to and do not provide Hyperledger-a risks
comparing the Brooklyn technical collaborative effort
to share solar
electricity between the P2P microgrid project implementation for the exchange
of solar power
participants using electricity details among the
Hyperledger. trading participants.
Including smart
contracts for the
use of and
implementation of
participants,
resources and
transactions
necessary to
establish a
blockchain-based
network for
monitoring solar
photovoltaic
production.
Wiedmaier,Max.Wiedmaier.(2017) The goal of this Monte Carlo The role of energy The findings Future  Current
The Role of Blockchain Technology study was to coalition (RQ1) show, firstly, that research
Simulations legal
and Energy Coalitions in Reducing
examine the and the role of reductions in should Framework
Energy Grid Variability. Business
Information Management. effect of smart blockchain (RQ2) variability are investigate the  Future legal
Retrieved from market solutions The data set was related to an optimisation challenges
http://hdl.handle.net/2105/40406 and blockchain provided by the increase in the aspects, presented
technology on U.S. based number of formation
by
reducing local ‘Pecan Street’ households in a algorithm,
blockchain
energy grid project, collecting coalition.They storage
variability. data including find that the capabilities.
household energy structure of a
consumption and coalition
generation data. moderates this
relationship

 Basic of blockchain technology

 Specific set of use-cases
 Blockchain implementation
 How can it be public and keep the data private at the same time?
 Bring value to corporation/ Transparency
 Immutability and confidentiality