Publicação
The nexus between decentralized finance and the energy transition - literature review
| Resumo: | This dissertation explores the connection of two rapidly emerging and converging technological and societal trends: Decentralized finance (DeFi), exemplified by cryptocurrencies and smart contracts on one hand and decentralized renewable energy systems, such as microgrids on the other. They are linked through the energy consumption of computations necessary to run DeFi, blockchain technology that enables innovative applications such as peer-to-peer energy for renewables, and finally the trend of decentralizing two highly centralized industries. We employ a systematic literature review and conceptual research to explore previously unmapped connections between these two domains. We find that blockchain technology can be a catalyst for fiscal decentralization, which has been proven to increase renewable energy consumption. The findings provide policy recommendations, as well as insights for prosumers. |
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| Autores principais: | Goedecke, Igor |
| Assunto: | Decentralized Finance Renewable Energy Fiscal Decentralization Finanças Descentralizadas Energia Renovável Descentralização Fiscal |
| Ano: | 2024 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso restrito |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| Resumo: | This dissertation explores the connection of two rapidly emerging and converging technological and societal trends: Decentralized finance (DeFi), exemplified by cryptocurrencies and smart contracts on one hand and decentralized renewable energy systems, such as microgrids on the other. They are linked through the energy consumption of computations necessary to run DeFi, blockchain technology that enables innovative applications such as peer-to-peer energy for renewables, and finally the trend of decentralizing two highly centralized industries. We employ a systematic literature review and conceptual research to explore previously unmapped connections between these two domains. We find that blockchain technology can be a catalyst for fiscal decentralization, which has been proven to increase renewable energy consumption. The findings provide policy recommendations, as well as insights for prosumers. |
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