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See detailA Generic Data Model for Describing Flexibility in Power Markets
Schott, Paul; Sedlmeir, Johannes; Strobel, Nina et al

in Energies (2019), 12(10),

In this article, we present a new descriptive model for industrial flexibility with respect to power consumption. The advancing digitization in the energy sector opens up new possibilities for utilizing ... [more ▼]

In this article, we present a new descriptive model for industrial flexibility with respect to power consumption. The advancing digitization in the energy sector opens up new possibilities for utilizing and automatizing the marketing of flexibility potentials and therefore facilitates a more advanced energy management. This requires a standardized description and modeling of power-related flexibility. The data model in this work has been developed in close collaboration with several partners from different industries in the context of a major German research project. A suitable set of key figures allows for also describing complex production processes that exhibit interdependencies and storage-like properties. The data model can be applied to other areas as well, e.g., power plants, plug-in electric vehicles, or power-related flexibility of households. [less ▲]

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See detailHarnessing the Full Potential of Industrial Demand-Side Flexibility : an End-to-End Approach Connecting Machines with Markets through Service-Oriented IT Platforms
Roesch, Martin; Bauer, Dennis; Haupt, Leon et al

in Applied Sciences (2019), 9(18),

The growing share of renewable energy generation based on fluctuatingwind and solar energy sources is increasingly challenging in terms of power grid stability. Industrial demand-side response presents a ... [more ▼]

The growing share of renewable energy generation based on fluctuatingwind and solar energy sources is increasingly challenging in terms of power grid stability. Industrial demand-side response presents a promising way to balance energy supply and consumption. For this, energy demand is flexibly adapted based on external incentives. Thus, companies can economically benefit and at the same time contribute to reducing greenhouse gas emissions. However, there are currently some major obstacles that impede industrial companies fromtaking part in the energymarkets. A broad specification analysis systematically dismantles the existing barriers. On this foundation, a new end-to-end ecosystem of an energy synchronization platform is introduced. It consists of a business-individual company-side platform, where suitable services for energy-oriented manufacturing are offered. In addition, one market-side platform is established as a mediating service broker, which connects the companies to, e.g., third party service providers, energy suppliers, aggregators, and energy markets. The ecosystems aim at preventing vendor lock-in and providing a flexible solution, relying on open standards and offering an integrated solution through an end-to-end energy flexibility data model. In this article, the resulting functionalities are discussed and the remaining deficits outlined. [less ▲]

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See detailExtending the Automation Pyramid for Industrial Demand Response
Körner, Marc-Fabian; Bauer, Dennis; Keller, Robert et al

in Procedia CIRP (2019), 81

Industrial demand response uses a multitude of energy flexibility measures. Their planning and control requires various production IT systems. A widely accepted approach to classify these inhouse IT ... [more ▼]

Industrial demand response uses a multitude of energy flexibility measures. Their planning and control requires various production IT systems. A widely accepted approach to classify these inhouse IT systems are the levels of the automation pyramid in companies. This paper broadens the scope of this concept to overcome the limitation to companies’ (virtual) borders by including required IT systems that refine and monetarize a company’s energy flexibility, e.g. energy markets, aggregators, etc. Therefore, a holistic approach for the classification of functionalities for industrial demand response across companies and energy markets is developed and applied exemplarily. [less ▲]

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See detailInitial conditions for the marketing of demand flexibility: status quo analysis and meta study. 2 version
Buhl, Hans Ulrich; Fridgen, Gilbert UL; rner, Marc-Fabian K. O et al

Report (2019)

The present work is part of the research project "Synchronized and energy-adaptive production technology for the flexible alignment of industrial processes to a fluctuating energy supply (SynErgie ... [more ▼]

The present work is part of the research project "Synchronized and energy-adaptive production technology for the flexible alignment of industrial processes to a fluctuating energy supply (SynErgie)" funded by the Federal Ministry of Education and Research. As one of the "Kopernikus projects for the energy transition", the SynErgie research project aims to enable energy-intensive industries in Germany to adapt their electricity demand to the increasingly fluctuating electricity supply. In the past, electricity systems were usually designed so that the generation side of the market was adapted to the temporal behavior of consumption. However, due to the increased expansion of volatile renewable energies, power generation is subject to uncontrollable, weather-dependent fluctuations, which is why making the overall system more flexible is becoming increasingly important. Because the producer side can only offer the required flexibility in the form of a reduction in feed-in, there is a so-called flexibility gap. As became clear on December 14, 2018 and January 10, 2019, this flexibility gap is already pushing the power system to its limits of stability. Only through the use of many compensation mechanisms or With options for flexibility, the security of supply could just be maintained on these days. The industrial processes considered in SynErgie represent a subset of potential flexibility options and can contribute to load adjustment to fluctuating generation as well as to the provision of system services and relief of the grids. In a liberalized, competitive electricity market, the market and regulatory framework conditions are of great relevance with regard to the development of the potential for flexibility in demand. This study therefore first describes the basics of the electricity market design and the constituent legal framework. Current discussions about the basic price system (unit price system vs. zonal system vs. nodal system) are not dealt with. The processing of these discussions as well as the specific analysis of the effects of the price system on demand flexibility is the content of the work packages of the Cluster IV “Market and Electricity System” pending in SynErgie II. The present study therefore rather works on potential obstacles to the participation of flexible demand processes and always refers to the application to industrial processes. The analysis forms the basis for future work in Cluster IV and provides cross-cluster information about the status quo of market structures and regulatory framework conditions. In addition to the systematic processing of the market framework, the scientific literature and already published studies on the subject of demand flexibility (demand side management and demand response) are analyzed and summarized in a meta study. The analysis forms the basis for future work in Cluster IV and provides cross-cluster information about the status quo of market structures and regulatory framework conditions. In addition to the systematic processing of the market framework, the scientific literature and already published studies on the subject of demand flexibility (demand side management and demand response) are analyzed and summarized in a meta study. The analysis forms the basis for future work in Cluster IV and provides cross-cluster information about the status quo of market structures and regulatory framework conditions. In addition to the systematic processing of the market framework, the scientific literature and already published studies on the subject of demand flexibility (demand side management and demand response) are analyzed and summarized in a meta study. [less ▲]

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See detailChancen und Herausforderungen von DLT (Blockchain) in Mobilität und Logistik
Fridgen, Gilbert UL; Guggenberger, Nikolas; Hoeren, Thomas et al

Book published by Federal Ministry of Transport and Digital Infrastructure (2019)

This basic report presents the economic potential e, the legal framework and the technical fundamentals of distributed ledger or blockchain technology necessary for understanding in order to exploit the ... [more ▼]

This basic report presents the economic potential e, the legal framework and the technical fundamentals of distributed ledger or blockchain technology necessary for understanding in order to exploit the opportunities and challenges of these technologies, especially in the mobility and logistics sector. clear. The basic report was prepared on behalf of the Federal Ministry of Transport and Digital Infrastructure (BMVI) by the blockchain laboratory of Fraunhofer FIT. [less ▲]

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See detailIT-based Architecture for Power Market Oriented Optimization at Multiple Levels in Production Processes
Seitz, Philipp; Abele, Eberhard; Bank, Lukas et al

in Procedia CIRP (2019), 81

Given the increasingly volatile prices on the power markets, it becomes economically more and more important for companies to develop and realize flexible strategies for energy consumption. A steady ... [more ▼]

Given the increasingly volatile prices on the power markets, it becomes economically more and more important for companies to develop and realize flexible strategies for energy consumption. A steady adaption of production processes which considers current power prices can take place on several levels of the automation pyramid, where each level has its own characteristics and requirements. In this paper, we present an optimization architecture based on an IT-platform which meets the challenges of complex multilayered production processes. We introduce layer-specific optimization strategies as well as an associated information flow, which facilitates creating holistic and well-coordinated optimizations. [less ▲]

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See detailOpportunities and Challenges of DLT (Blockchain) in Mobility and Logistics
Fridgen, Gilbert UL; Guggenberger, Nikolas; Hoeren, Thomas et al

Report (2019)

This report presents the economic potential, legal framework, and technical foundations required to understand distributed ledger (DL) / blockchain technology and llustrates the opportunities and ... [more ▼]

This report presents the economic potential, legal framework, and technical foundations required to understand distributed ledger (DL) / blockchain technology and llustrates the opportunities and challenges they present, especially in the mobility and logistics sectors. It was compiled by the blockchain laboratory at Fraunhofer FIT on behalf of the German Federal Ministry of Transport and Digital Infrastructure (BMVI). Its intended audience comprises young companies seeking, for example, a legal assessment of data protection issues related to DL and blockchain technologies, decisionmakers in the private sector wishing concrete examples to help them understand how this technology can impact existing and emerging markets and which measures might be sensible from a business perspective, public policymakers and politicians wishing to familiarize themselves with this topic in order to take a position, particularly in the mobility and logistics sectors, and members of the general public interested in the technology and its potential. The report does not specifically address those with a purely academic or scientific interest in these topics, although parts of it definitely reflect the current state of academic discussion. [less ▲]

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See detailIndustrielle Energieflexibilität im Energiesystem
Buhl, Hans Ulrich; Fridgen, Gilbert UL; Dufter, Christa et al

in Energieflexibilität in der deutschen Industrie : Ergebnisse aus dem Kopernikus-Projekt - Synchronisierte und energieadaptive Produktionstechnik zur flexiblen Ausrichtung von Industrieprozessen auf eine fluktuierende Energieversorgung (SynErgie) (2019)

Energy from renewable resources is not always readily available. Depending on the season and the weather, the power made available by solar parks or wind turbines varies, for example. Due to the ... [more ▼]

Energy from renewable resources is not always readily available. Depending on the season and the weather, the power made available by solar parks or wind turbines varies, for example. Due to the continuous expansion of renewable energies, the volatility in the energy system will become more and more pronounced in the future. Preparing and adapting the industry to the changing supply structures is a major challenge for the next few decades. In the future, companies must be able to design their processes and operational organization in such a way that energy consumption can at least partially adapt flexibly to the volatile energy supply. In addition to developing technologies, Concepts and measures to make industrial processes more energetic, a second focus of future work is the development of a consistent IT infrastructure with which companies and energy providers can provide and exchange information from the production machine to the energy markets in the future. This leads to a paradigm shift in the operation of industrial processes - away from continuous and purely demand-driven energy consumption towards the adaptable, energy-flexible operation of industrial plants. This reference work presents the most important results of the research in the context of the Kopernikus project Synergy and clarifies trend-setting findings for further developments in the still young field of industrial energy flexibility. [less ▲]

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See detailIndustrie 4.0 als Befähiger für Energieflexibilität
Bauernhansl, Thomas; Bauer, Dennis; Abele, Eberhard et al

in Energieflexibilität in der deutschen Industrie : Ergebnisse aus dem Kopernikus-Projekt - Synchronisierte und energieadaptive Produktionstechnik zur flexiblen Ausrichtung von Industrieprozessen auf eine fluktuierende Energieversorgung (SynErgie) (2019)

Energy from renewable resources is not always readily available. Depending on the season and the weather, the power made available by solar parks or wind turbines varies, for example. Due to the ... [more ▼]

Energy from renewable resources is not always readily available. Depending on the season and the weather, the power made available by solar parks or wind turbines varies, for example. Due to the continuous expansion of renewable energies, the volatility in the energy system will become more and more pronounced in the future. Preparing and adapting the industry to the changing supply structures is a major challenge for the next few decades. In the future, companies must be able to design their processes and operational organization in such a way that energy consumption can at least partially adapt flexibly to the volatile energy supply. In addition to developing technologies, Concepts and measures to make industrial processes more energetic, a second focus of future work is the development of a consistent IT infrastructure with which companies and energy providers can provide and exchange information from the production machine to the energy markets in the future. This leads to a paradigm shift in the operation of industrial processes - away from continuous and purely demand-driven energy consumption towards the adaptable, energy-flexible operation of industrial plants. This reference work presents the most important results of the research in the context of the Kopernikus project Synergy and clarifies trend-setting findings for further developments in the still young field of industrial energy flexibility. [less ▲]

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See detailCross-Organizational Workflow Management Using Blockchain Technology : Towards Applicability, Auditability, and Automation
Fridgen, Gilbert UL; Radszuwill, Sven; Urbach, Nils et al

in 51st Annual Hawaii International Conference on System Sciences (HICSS) (2018)

Bringing Blockchain technology and business process management together, we follow the Design Science Research approach and design, implement, and evaluate a Blockchain prototype for cross-organizational ... [more ▼]

Bringing Blockchain technology and business process management together, we follow the Design Science Research approach and design, implement, and evaluate a Blockchain prototype for cross-organizational workflow management together with a German bank. For the use case of a documentary letter of credit we describe the status quo of the process, identify areas of improvement, implement a Blockchain solution, and compare both workflows. The prototype illustrates that the process, as of today paper-based and with high manual effort, can be significantly improved. Our research reveals that a tamper-proof process history for improved auditability, automation of manual process steps and the decentralized nature of the system can be major advantages of a Blockchain solution for cross-organizational workflow management. Further, our research provides insights how Blockchain technology can be used for business process management in general. [less ▲]

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See detailA Privacy Preserving Approach to Collaborative Systemic Risk Identification : the Use-case of Supply Chain Network
Garizy, Tirazheh Zare; Fridgen, Gilbert UL; Wederhake, Lars

in Security and Communication Networks (2018)

Globalization, and outsourcing are two main factors which are leading to higher complexity of supply chain networks. Due to the strategic importance of having a sustainable network it is necessary to have ... [more ▼]

Globalization, and outsourcing are two main factors which are leading to higher complexity of supply chain networks. Due to the strategic importance of having a sustainable network it is necessary to have an enhanced supply chain network risk management. In a supply chain network many firms depend directly or indirectly on a specific supplier. In this regard, unknown risks of network’s structure can endanger the whole supply chain network’s robustness. In spite of the importance of risk identification of supply chain network, firms are not willing to exchange the structural information of their network. Firms are concerned about risking their strategic positioning or established connections in the network. The paper proposes to combine secure multiparty computation cryptography methods with risk identification algorithms from social network analysis to address this challenge. The combination enables structural risk identification of supply chain networks without endangering firms’ competitive advantage. [less ▲]

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See detailDon't Slip on the Initial Coin Offering (ICO) : A Taxonomy for a Blockchain-enabled Form of Crowdfunding
Fridgen, Gilbert UL; Regner, Ferdinand; Schweizer, André et al

in 26th European Conference on Information Systems (ECIS) (2018)

Blockchain is rapidly evolving and there is an increasing interest in the technology in both prac-tice and academia. Recently, a blockchain use case called Initial Coin Offering (ICO) draws a lot of ... [more ▼]

Blockchain is rapidly evolving and there is an increasing interest in the technology in both prac-tice and academia. Recently, a blockchain use case called Initial Coin Offering (ICO) draws a lot of attention. ICO is a novel form of crowdfunding that utilizes blockchain tokens to allow for tru-ly peer-to-peer investments. Although, more than 4.5 billion USD have been invested via ICOs, the phenomenon is poorly understood. Scientific research lacks a structured classification of ICOs to provide further insights into their characteristics. We bridge this gap by developing a taxonomy based on real-world ICO cases, related literature, and expert interviews. Further, we derive and discuss prevailing ICO archetypes. Our findings contribute to theory development in the field of ICOs by enriching the descriptive knowledge, identifying design options, deriving ICO archetypes, and laying the foundation for further research. Additionally, our research pro-vides several benefits for practitioners. Our proposed taxonomy illustrates that there is no one-size-fits-all model of ICOs and might support the decision-making process of start-ups, investors and regulators. The proposed ICO archetypes indicate how common ICOs are designed and thus might serves as best practices. Finally, our analysis indicates that ICOs represent a valid alter-native to traditional crowdfunding approaches. [less ▲]

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See detailChallenges and Opportunities of Blockchain-based Platformization of Digital Identities in the Public Sector
Fridgen, Gilbert UL; Guggenmos, Florian; Lockl, Jannik et al

in Workshop on Platformization in the Public Sector, 26th European Conference on Information Systems (ECIS) (2018)

Digitalization promises unprecedented opportunities for public sector institutions to increase efficiency of current and to introduce new services. One of these opportunities are unique digital identities ... [more ▼]

Digitalization promises unprecedented opportunities for public sector institutions to increase efficiency of current and to introduce new services. One of these opportunities are unique digital identities which could improve migration and refugee management, simplify distribution of social services, and improve healthcare systems. A major challenge, however, to the adoption of such digital identities is finding a suitable technological basis. Blockchain might be such a technology. The challenges of introducing blockchain-based digital identities, however, are both significant and fuzzy. To provide guidance on how to overcome these challenges, we provide a detailed exploration of blockchain-based platformization of digital identities and discuss interview insights from refugee and migration management in Germany. We find that blockchain offers promising solutions for unique digital identity management. Likewise, we find that implementation in the public sector would entail a range of organizational and technological challenges. Successful adoption, on the other hand, might ultimately pave the way for decentral and efficient e-government services. [less ▲]

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See detailDo Not Forget About Smart Towns : How to Bring Customized Digital Innovation to Rural Areas
Hosseini, Sabiölla; Frank, Leonhard; Fridgen, Gilbert UL et al

in Business and Information Systems Engineering (2018), 60(3), 243--257

To date, research on smart cities has primarily focused on urban congested areas. As this paper points out, it is becoming ever more important to look at intermediate and thinly populated regions like ... [more ▼]

To date, research on smart cities has primarily focused on urban congested areas. As this paper points out, it is becoming ever more important to look at intermediate and thinly populated regions like towns and rural areas as arenas for digital innovation. By following a multi-phase research process, we examine towns’ highly individual needs in an exploratory way, derive key aspects from recent literature that can serve to mitigate or solve their problems, and present an open innovation process by way of integrating local context factors, local stakeholders, and suitable information and communication technology solutions. Our objective is to develop a first digital innovation approach in a field that has so far been scarcely considered. We conduct a case study which demonstrates the applicability and effectiveness of our innovation approach in a small town in southern Germany and derive first important lessons learned. Thereby, the concept of an innovation ecosystem reveals a promising solution to face the challenges of the investigated town. [less ▲]

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See detailDecision Flexibility vs. Information Accuracy in Energy-intensive Businesses
Fridgen, Gilbert UL; Saumweber, Andrea; Seyfried, Johannes et al

in 26th European Conference on Information Systems (ECIS) (2018)

Demand-side management and demand response are integral building blocks for environmental sus-tainability. Exchange-based power pricing serves as an economic mechanism to set incentives to shift demand to ... [more ▼]

Demand-side management and demand response are integral building blocks for environmental sus-tainability. Exchange-based power pricing serves as an economic mechanism to set incentives to shift demand to periods where prices are low. Low power prices also serve as an indicator for green(er) power, since high feed-ins from variable renewable sources push the electricity price downward. For businesses, minimizing electricity costs thus not only contributes to economic but also environmental sustainability. Hence, especially energy-intensive businesses can become greener and more competitive by integrating volatile electricity prices into their production planning activities. In this paper, we demonstrate that the length of the planning horizons is key to achieve more sustainable outcomes due to the trade-off between decision flexibility and information accuracy. Decision flexibility – i.e. the ca-pability to shift processes – increases with longer planning horizons. Information accuracy – i.e. price accuracy – increases with shorter planning horizons. Information Systems (IS) can help to balance this trade-off. We follow a data-driven approach and derive both actual and predicted electricity spot prices from historic electricity intraday market data in Germany. We find that decision flexibility and infor-mation accuracy affect the planning horizon as conceived. First results indicate that more sustainable outcomes are achieved with longer planning horizons. [less ▲]

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See detailSupport of communication and cooperation in the asylum process with the help of blockchain: A feasibility study by the Federal Office for Migration and Refugees
Fridgen, Gilbert UL; Guggenmos, Florian; Lockl, Jannik et al

Report (2018)

Digital technologies are changing our society in many ways. In addition to significant increases in productivity and new forms of value creation, the rapid digital change also brings with it a multitude ... [more ▼]

Digital technologies are changing our society in many ways. In addition to significant increases in productivity and new forms of value creation, the rapid digital change also brings with it a multitude of political and social challenges. While the digitization of the public sector in Germany is still facing challenges, other countries are already further. For example, Estonia has already largely digitized its administration. The federal government would also like to advance Germany with a targeted digitization strategy and strengthen public administration through the use of digital technologies. One of the focus technologies in this context is blockchain. Blockchain is a decentralized data structure, in which data in cryptographically linked blocks can be stored invariably and traceably. The essential concept of blockchain technology is to manage the data to be stored through a subscriber network instead of a central instance. In addition, new blockchain technologies make it possible to automate parts of the cross-agency process management. Due to its properties, blockchain technology offers a good opportunity for coordination in federal structures, as required by the German asylum process. In addition to one body primarily responsible, the Federal Office for Migration and Refugees, other authorities at both federal and state level are involved in the asylum process. For example, initial reception centers and immigration authorities are subordinate to the respective federal states or part of the local government. This results in a large number of process variants, heterogeneous IT infrastructures and an incomplete digital exchange of information. A cross-agency data source already exists in the form of the Central Register of Foreigners (AZR). The AZR contains a large amount of data that may be recorded and stored by the authorized authorities in accordance with applicable law (especially AZRG). In addition, there is a need for IT-based support for cross-agency communication and cooperation. The Federal Office for Migration and Refugees has now evaluated to what extent blockchain can contribute to overcoming these challenges and promote the establishment of digital identities in the asylum context as well as cross-agency communication and cooperation. A proof-of-concept project that the Federal Office carried out in the first half of 2018 serves as an essential reference point. The project began with the selection of the use case ("simplified asylum process") and a pre-evaluation of the suitability of the blockchain technology. After a positive pre-evaluation, a suitable system was developed by a mixed team from the Federal Office, the Fraunhofer FIT Business Informatics project group and a technology partner. The project was then evaluated according to a blockchain-specific evaluation framework. In addition to technical and professional aspects, the focus here was in particular on issues relating to data protection law. The proof-of-concept project has shown that the use of blockchain technology could support cross-agency communication and cooperation in the asylum process. In addition, blockchain could lay an important foundation for the establishment of digital identities and make the process flow of an asylum seeker traceable on the basis of such an identity. It is true that it has not yet been possible to fully implement all applicable data protection regulations in the developed proof-of-concept. However, the knowledge gained in the course of the project forms a promising basis for the development of a data protection-compliant blockchain-based solution for the asylum process. In addition, due to the federal structure taken into account, the developed concept could also be scaled beyond Germany's borders. A blockchain-based, transnational management of asylum processes could thus become a joint project of the European member states to strengthen cooperation while preserving federal structures. Blockchain technology could thus be the beginning of digital federalism in Europe (also in the asylum area). [less ▲]

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See detailSolution-based Innovation : A Method for Emerging Technology Use Case Development
Fridgen, Gilbert UL; Lockl, Jannik; Radszuwill, Sven et al

in Workshop Blockchain Research ? Beyond the Horizon, European Conference on Information Systems (ECIS) (2018)

Interest in blockchain is growing rapidly and at a global scale. The potential to disrupt various industries is attributed to the emerging blockchain technology. Organizations and institutions have thus ... [more ▼]

Interest in blockchain is growing rapidly and at a global scale. The potential to disrupt various industries is attributed to the emerging blockchain technology. Organizations and institutions have thus begun to examine the emerging the technology and its impact on their businesses. However, researchers and practitioners still lack a systematic approach to understand the po-tential of blockchain and to develop convincing use cases. We addressed this research gap by applying an action design research approach and situational method engineering to propose a method for the development of blockchain technology use cases. Following this approach, we iteratively evaluate and further develop the proposed method through application in four distinct industries. In a next research step, we now focus on a broader context and evaluate if our existing use case development method is applicable for other emerging technologies than blockchain. By doing so, we seek to broaden our evaluation, generalize our method, and support practitioners and researchers in better leveraging the opportunities of continuous digital transformation. [less ▲]

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See detailTowards a Theory of Decentral Digital Process Ecosystems : Evidence from the Case of Digital Identities
Lockl, Jannik; Rieger, Alexander UL; Fridgen, Gilbert UL et al

in Workshop Blockchain Research ? Beyond the Horizon (2018)

Blockchain could transform process management and usher in decentral digital process ecosystems. Such ecosystems present a paradigm shift from central control towards decentral coordination and we ... [more ▼]

Blockchain could transform process management and usher in decentral digital process ecosystems. Such ecosystems present a paradigm shift from central control towards decentral coordination and we increasingly see them appear in various places. Here, we provide our idea of a theory of the emergence of these ecosystems and their theoretical constructs. Our theory builds on a single-case study in the area of digital identities for refugees in Europe. [less ▲]

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See detailA Solution in Search of a Problem : A Method for the Development of Blockchain Use Cases
Fridgen, Gilbert UL; Lockl, Jannik; Radszuwill, Sven et al

in 24th Americas Conference on Information Systems (AMCIS) (2018)

Blockchain technology is a very recent and fast evolving phenomenon with the potential to disrupt various industries. Organizations are thus increasingly looking at the technology and are forming multi ... [more ▼]

Blockchain technology is a very recent and fast evolving phenomenon with the potential to disrupt various industries. Organizations are thus increasingly looking at the technology and are forming multi-functional teams to evaluate the technology and its impact on their businesses. However, researchers and practitioners still lack a technology-driven, systematic approach to understand the potential of blockchain and to develop convincing use cases. We address this research gap by applying an action design research approach and situational method engineering to propose a method for the development of blockchain use cases. Following this approach, we iteratively evaluated and further developed the proposed method through application and testing in four distinct industries. We thus derive constructive knowledge at the cutting edge of digital transformation, innovation management, and utilization of emerging technologies. In addition, our research supports practitioners in systematically developing blockchain use cases. [less ▲]

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See detailOne Rate Does Not Fit All: An Empirical Analysis of Electricity Tariffs for Residential Microgrids
Fridgen, Gilbert UL; Kahlen, Micha; Ketter, Wolfgang et al

in Applied Energy (2018), 210

Residential microgrids are poised to play an important role in future distributed energy networks. However, energy retailers have yet to identify effective electricity tariffs to incorporate residential ... [more ▼]

Residential microgrids are poised to play an important role in future distributed energy networks. However, energy retailers have yet to identify effective electricity tariffs to incorporate residential microgrids into the energy value chain. For this reason, we have chosen to analyze a set of twelve representative tariff options retailers might offer in the future. To examine their effects on load profiles and electricity bills, we set up a comprehensive empirical evaluation framework. Our analyses identify three important recommendations for residential microgrid pricing: First, energy retailers should not offer volumetric tariffs as they result in higher electricity bills, encourage sharp peak loads, and fail to fully allocate system costs. Second, they should also be cautious in offering time-varying and especially real-time rates. Although these rates promise slightly lower energy bills for microgrid operators, they can destabilize load profiles if retailers fail to simultaneously introduce peak-moderating capacity charges. Third, energy retailers should consider tariffs with capacity and customer charges, which we find to lower electricity costs, foster peak shaving, and facilitate stable cost allocation. [less ▲]

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