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Blockchain Technology Application Challenges in Renewable Energy Supply Chain Management

  • Advancements in Clean Energy for Sustainable Development
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Abstract

With the advent of new technologies and globalization of business, supply chains have turned into indispensable tools for gaining competitive advantage. The application of new technologies like blockchain can benefit sustainable energy supply chains by improving chain and logistics operations in the areas of trust, transparency and accountability, cooperation, information sharing, financial exchanges, and supply chain integration. However, the efforts to adopt such technologies in supply chains tend to face many challenges and challenges, which can seriously threaten their success. Therefore, it is crucial to carefully examine the challenges to blockchain technology application. This research focuses on identifying the criteria and challenges to the application of blockchain in renewable energy supply chains and also ranks the identified challenges in terms of their capacity to disrupt the process. The applicability of the suggested structure is examined in a case study of the renewable energy supply chain of Iran. In this study, the challenges are evaluated and ranked by the hybrid developed methods by the integration of the concept of gray numbers into the gray stepwise weight assessment ratio analysis (SWARA-Gray) and the gray evaluation based on distance from average solution (EDAS-Gray). Another group of hybrid methods including the gray weighted sum method (WSM-Gray), the gray complex proportional assessment (COPRAS-Gray), and the gray technique for order of preference by similarity to ideal solution (TOPSIS-Gray) is used to validate the results. The rankings obtained from all of these techniques show high degree of correlation. Among the identified challenges, “high investment cost” is found to be the most important challenge to the application of blockchain in sustainable energy supply chains.

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The datasets used and/or analyzed during the current study are available from the corresponding author on reasonable request.

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Ali Mostafaeipour contributed to supervision, writing, conceptualization, software data curation, and software. Seyyed Jalaladdin Hosseini Dehshiri and Ao Xuan Hoa contributed to conceptualization, writing, methodology, software, and software data curation. Seyyed Shahabaddin Hosseini Dehshiri and Joshuva Arockia Dhanraj contributed to reviewing and editing, original draft preparation, visualization, and investigation. Kuaanan Techato contributed to methodology, writing, editing, and software. Khalid Almutairi contributed to conceptualization, writing, software, and editing. Alibek Issakhov contributed to writing, conceptualization, and methodology.

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Almutairi, K., Hosseini Dehshiri, S., Hosseini Dehshiri, S. et al. Blockchain Technology Application Challenges in Renewable Energy Supply Chain Management. Environ Sci Pollut Res 30, 72041–72058 (2023). https://doi.org/10.1007/s11356-021-18311-7

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