Assessing the viability of blockchain technology in renewable energy supply chains: A consolidation framework

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dc.authorscopusidErfan Babaee Tirkolaee / 57196032874
dc.authorscopusidArdavan Babaei / 57193898673
dc.authorwosidErfan Babaee Tirkolaee / U-3676-2017
dc.authorwosidArdavan Babaei / JLG-3040-2023
dc.contributor.authorBabaei, Ardavan
dc.contributor.authorBabaee Tirkolaee, Erfan
dc.contributor.authorAli, Sadia Samar
dc.date.accessioned2025-04-17T12:49:30Z
dc.date.available2025-04-17T12:49:30Z
dc.date.issued2025
dc.departmentİstinye Üniversitesi, Mühendislik ve Doğa Bilimleri Fakültesi, Endüstri Mühendisliği Bölümü
dc.description.abstractThe growing focus on sustainability has propelled heightened scrutiny toward energy supply chains. Blockchain technology stands poised to revolutionize these chains, introducing stability-enhancing factors. Nevertheless, like other nascent technologies, blockchain's integration, while laden with advantages, poses challenges across technical, stakeholder, environmental, and governmental domains within the energy supply chain. Consequently, a thorough assessment of blockchain's applicability in supply chains is imperative for informed decision-making among supply chain managers. However, disparate decision-making methodologies often yield divergent outcomes. Given the substantial costs involved, particularly in capital, adopting blockchain technology in the energy supply chain demands precision. To address this complexity, this study develops a consolidation framework grounded in efficiency, risk, and uncertainty considerations to harmonize the diverse evaluations of blockchain adoption viability in renewable energy supply chains. Employing a data-driven optimization model in conjunction with an importance determination model, we assess and prioritize the impact of blockchain challenges individually. Subsequently, a fuzzy tri-objective optimization model is utilized to amalgamate findings from preceding evaluations, determining the ultimate significance of blockchain challenges. These models are then validated through a case study focusing on the electricity supply chain, affirming the pivotal role of investment costs and blockchain deployment as primary hurdles in utilizing blockchain within renewable energy supply chains. © 2025 Elsevier Ltd
dc.identifier.citationBabaei, A., Tirkolaee, E. B., & Ali, S. S. (2025). Assessing the viability of blockchain technology in renewable energy supply chains: A consolidation framework. Renewable and Sustainable Energy Reviews, 212, 115444.
dc.identifier.doi10.1016/j.rser.2025.115444
dc.identifier.issn13640321
dc.identifier.scopus2-s2.0-85216364170
dc.identifier.scopusqualityQ1
dc.identifier.urihttp://dx.doi.org/10.1016/j.rser.2025.115444
dc.identifier.urihttps://hdl.handle.net/20.500.12713/6257
dc.identifier.volume212
dc.indekslendigikaynakScopus
dc.institutionauthorTirkolaee, Erfan Babaee
dc.institutionauthorBabaei, Ardavan
dc.institutionauthoridErfan Babaee Tirkolaee / 0000-0003-1664-9210
dc.institutionauthoridArdavan Babaei / 0000-0002-3657-4853
dc.language.isoen
dc.publisherElsevier Ltd.
dc.relation.ispartofRenewable and Sustainable Energy Reviews
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectBlockchain Technology
dc.subjectConsolidation Framework
dc.subjectData Envelopment Analysis
dc.subjectEfficiency
dc.subjectFuzzy Tri-Objective Optimization
dc.titleAssessing the viability of blockchain technology in renewable energy supply chains: A consolidation framework
dc.typeArticle

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