Blockchain; Energy informatics; Privacy-enhancing technologies; Renewable energy sources; Self-sovereign identities; Systemic risks
Résumé :
[en] In the last decades, several developments have transformed electricity systems in Europe towards liberalized and decentralized systems that are coupled inter-sectorally and inter-regionally. These developments have yielded various significant benefits, such as increased efficiency and robustness. However, we argue that they have also caused new interdependencies and complexity with a corresponding increase in associated systemic risks, e.g., local failures may spread faster and more extensively throughout the system. In this paper, we illustrate how systemic risks may arise in European electricity systems by discussing three exemplary developments. We also discuss the decisive role of the digital transformation that, on the one hand, speeds up the transition of electricity systems and challenges electricity systems’ stability through rapid change, but on the other hand may also provide solutions to tackle systemic risks. We argue that, especially in a strongly interconnected world, policymakers must implement a global perspective on these critical and increasingly complex systems, requiring adequate cooperation with respect to data. Using an exemplary case from Germany, we finally illustrate how an intensified data exchange may help to address systemic risks. In this context, we draw a perspective on the potential of emerging digital technologies, like self-sovereign identities, blockchains, and privacy-enhancing technologies.
Disciplines :
Gestion des systèmes d’information Energie
Auteur, co-auteur :
Körner, Marc-Fabian
SEDLMEIR, Johannes ; University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Weibelzahl, Martin
FRIDGEN, Gilbert ; University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Heine, Moreen
Neumann, Christoph
Co-auteurs externes :
yes
Langue du document :
Anglais
Titre :
Systemic risks in electricity systems: A perspective on the potential of digital technologies
Date de publication/diffusion :
2022
Titre du périodique :
Energy Policy
ISSN :
0301-4215
eISSN :
1873-6777
Volume/Tome :
164
Pagination :
112901
Peer reviewed :
Peer reviewed vérifié par ORBi
Focus Area :
Security, Reliability and Trust Sustainable Development
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