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The Next Stage of Green Electricity Labeling : Using Zero-Knowledge Proofs for Blockchain-based Certificates of Origin and Use

Title data

Sedlmeir, Johannes ; Völter, Fabiane ; Strüker, Jens:
The Next Stage of Green Electricity Labeling : Using Zero-Knowledge Proofs for Blockchain-based Certificates of Origin and Use.
In: Energy Informatics Review. (2021) .
ISSN 2770-5331

Official URL: Volltext

Project information

Project title:
Project's official titleProject's id
Projektgruppe WI BLockchain-LaborNo information

Abstract in another language

The labeling of green electricity is considered an important mechanism to differentiate its generation and consumption and, thus, to incentivize the expansion of renewable energy. However, today's systems for documenting and trading green energy certificates suffer from multiple challenges. These could be addressed by a digital solution that holistically collects and processes production and consumption data. Blockchain-based architectures have repeatedly been suggested for this purpose as they can provide transparency and can likely be accepted by a broad group of stakeholders. Yet, there are significant scalability and privacy issues of a blockchain-based approach for storing and processing fine-grained production and consumption data. In this paper, we propose and discuss a potential solution that levers cryptographic zero-knowledge proofs to balance the required level of transparency and privacy while at the same time providing a high degree of scalability.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: climate change; distributed ledger; green energy; guarantee of origin; renewable energy; sustainability
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems and Digital Energy Management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems and Digital Energy Management > Professor Information Systems and Digital Energy Management - Univ.-Prof. Dr. Jens Strüker
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 21 Dec 2021 11:15
Last Modified: 21 Dec 2021 13:29
URI: https://eref.uni-bayreuth.de/id/eprint/68220