Blockchain-based renewable energy certificate system in Indonesia
The renewable Energy Certificate (REC) schemes play a crucial role in combating climate change and promoting sustainable living. However, issues such as traceability, lack of transparency, and user awareness limit its effectiveness. The current study aims to address such limitation by proposing a bl...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-02-01
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| Series: | Heliyon |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844025007443 |
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| author | Indri Haryani Indra Ardhanayudha Aditya Almareta Harasti Nuraini Sri Widiyanesti Andry Alamsyah Eva Nurhazizah Muhammad Naufal Hakim Tanti Ruwani Mochamad Zaky Dwi Arli Nadhif Ditertian Girawan |
| author_facet | Indri Haryani Indra Ardhanayudha Aditya Almareta Harasti Nuraini Sri Widiyanesti Andry Alamsyah Eva Nurhazizah Muhammad Naufal Hakim Tanti Ruwani Mochamad Zaky Dwi Arli Nadhif Ditertian Girawan |
| author_sort | Indri Haryani |
| collection | DOAJ |
| description | The renewable Energy Certificate (REC) schemes play a crucial role in combating climate change and promoting sustainable living. However, issues such as traceability, lack of transparency, and user awareness limit its effectiveness. The current study aims to address such limitation by proposing a blockchain-based solution for Indonesia's electricity grid which can enhance end-to-end traceability, real-time data access, and tamper-proof records. The methodology encompasses interview with energy stakeholders, blockchain model development, prototyping, and evaluation of its efficacy. Results show that blockchain technology can revolutionize Indonesian REC market by improving security, traceability, and promote stakeholders' trust. The proposed framework addresses current system limitation and introduces a semi-fungible REC token for secure issuance, trading, and verification. Our solution offers a scalable model that can support Indonesia and global green energy adoption and sustainable living. |
| format | Article |
| id | doaj-art-31c5e7f68456454684fd50ef4d514076 |
| institution | Kabale University |
| issn | 2405-8440 |
| language | English |
| publishDate | 2025-02-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj-art-31c5e7f68456454684fd50ef4d5140762025-02-05T04:32:19ZengElsevierHeliyon2405-84402025-02-01113e42364Blockchain-based renewable energy certificate system in IndonesiaIndri Haryani0Indra Ardhanayudha Aditya1Almareta Harasti Nuraini2Sri Widiyanesti3Andry Alamsyah4Eva Nurhazizah5Muhammad Naufal Hakim6Tanti Ruwani7Mochamad Zaky Dwi Arli8Nadhif Ditertian Girawan9PT PLN (Persero) Research Institute Jakarta, Jakarta, IndonesiaPT PLN (Persero) Research Institute Jakarta, Jakarta, IndonesiaInstitut Teknologi Bandung, Bandung, IndonesiaSchool of Economic and Business, Telkom University, Bandung, Indonesia; Corresponding author.School of Economic and Business, Telkom University, Bandung, IndonesiaSchool of Economic and Business, Telkom University, Bandung, IndonesiaSchool of Economic and Business, Telkom University, Bandung, IndonesiaPT Inamart Sukses Jaya, IndonesiaPT Inamart Sukses Jaya, IndonesiaWageningen University and Research, Wageningen, the NetherlandsThe renewable Energy Certificate (REC) schemes play a crucial role in combating climate change and promoting sustainable living. However, issues such as traceability, lack of transparency, and user awareness limit its effectiveness. The current study aims to address such limitation by proposing a blockchain-based solution for Indonesia's electricity grid which can enhance end-to-end traceability, real-time data access, and tamper-proof records. The methodology encompasses interview with energy stakeholders, blockchain model development, prototyping, and evaluation of its efficacy. Results show that blockchain technology can revolutionize Indonesian REC market by improving security, traceability, and promote stakeholders' trust. The proposed framework addresses current system limitation and introduces a semi-fungible REC token for secure issuance, trading, and verification. Our solution offers a scalable model that can support Indonesia and global green energy adoption and sustainable living.http://www.sciencedirect.com/science/article/pii/S2405844025007443BlockchainTokenizationRenewable energi certificate (REC)TraceabilitySustainability |
| spellingShingle | Indri Haryani Indra Ardhanayudha Aditya Almareta Harasti Nuraini Sri Widiyanesti Andry Alamsyah Eva Nurhazizah Muhammad Naufal Hakim Tanti Ruwani Mochamad Zaky Dwi Arli Nadhif Ditertian Girawan Blockchain-based renewable energy certificate system in Indonesia Heliyon Blockchain Tokenization Renewable energi certificate (REC) Traceability Sustainability |
| title | Blockchain-based renewable energy certificate system in Indonesia |
| title_full | Blockchain-based renewable energy certificate system in Indonesia |
| title_fullStr | Blockchain-based renewable energy certificate system in Indonesia |
| title_full_unstemmed | Blockchain-based renewable energy certificate system in Indonesia |
| title_short | Blockchain-based renewable energy certificate system in Indonesia |
| title_sort | blockchain based renewable energy certificate system in indonesia |
| topic | Blockchain Tokenization Renewable energi certificate (REC) Traceability Sustainability |
| url | http://www.sciencedirect.com/science/article/pii/S2405844025007443 |
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