Exploring the Impact of Blockchain Technology on Data Sharing in the Energy Sector

Abstract

This thesis investigates the potential for enhancing trustworthy data sharing in the energy sector through emerging technologies, such as blockchain. Navigating through the ethical and legal complexities of data sharing, this study examines how collaboration can unlock secure and mutually beneficial data exchanges, fostering trust and accessibility. Additionally, it examines how blockchain, with its inherent features of transparency, security, and interoptability, can address crucial challenges in trustworthy data sharing, such as privacy concerns and legal compliance. Utilizing an exploratory qualitative approach with semi-structured interviews and white papers, this study clarified the benefits, limitations, and potential transformative roles of these technologies. The findings suggest that while emerging technologies offer significant opportunities, technological hurdles and organizational resistance present real challenges. To fully unlock its potential, this study emphasizes the need for a holistic approach that embraces technological advancements, keeps pace with data initiatives and regulatory updates, and address organizational adaptation. This thesis concludes with actionable recommendations for stakeholders in the energy sector to maximize the benefits of these technologies and achieve trustworthy data sharing for a more sustainable and efficient energy future.

Date of Award	9 Feb 2024
Original language	English
Supervisor	Roger Bons (Examiner) & Pien Walraven (Co-assessor)