Annals of Computer Science and Information Systems, Volume 17

DOI: http://dx.doi.org/10.15439/2018F132

Citation: Communication Papers of the 2018 Federated Conference on Computer Science and Information Systems, M. Ganzha, L. Maciaszek, M. Paprzycki (eds). ACSIS, Vol. 17, pages 171–178 (2018)

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Abstract. Attraction of investments into the electric power industry is complicated by a number of problems related to the long payback period and instability of the conditions on the market. Investors in the electric power industry must invest huge sums of money and hope for maintaining high demand and prices in the future in order to get a payback from the project. Decentralized investment distributes risks and allows you to raise a sufficient profit. In the paper Authors will consider the possibility of using distributed register systems to involve potential energy consumers in investing in the construction of generating facilities with a certain amount of energy at a reduced price in the future. In addition, the blockchain system allows to solve problems of the electric power market: simplify and make more flexible maintenance of transactions, automate trade settlements, reduce the risks of non-fulfillment of obligations. In turn, the improved interaction environment of market participants will make the market more stable, which will increase the investment attractiveness of the industry.

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