IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v304y2024ics0360544224019108.html
   My bibliography  Save this article

Integrating blockchain and strategic alliance in renewable energy supply chain toward sustainability: A comparative decision framework under uncertainty

Author

Listed:
  • Hosseini Dehshiri, Seyyed Jalaladdin
  • Amiri, Maghsoud
  • Mostafaeipour, Ali
  • Le, Ttu

Abstract

Renewable energy development is important in the current era due to the attention paid to environmental issues and energy demand growth. On the other hand, the growth and expansion of the use of RE requires cooperation and participation in the Renewable Energy Supply Chain (RESC). The strategic alliance between the parties involved in the field of RE can play an important role in reducing risk and significant growth in RESC. Also, due to various capabilities such as transparency, traceability, decentralization, security, and immutability of information, blockchain plays an important role in improving trust and strengthening cooperation in strategic alliances between partners in RESC. Therefore, this study proposes a decision-making framework under uncertainty for integrating blockchain and strategic alliance in RESC. The proposed framework involves the CRiteria Importance Through Intercriteria Correlation (CRITIC) and Fuzzy Combined Compromise Solution (F-CoCoSo) techniques. Also, validation and sensitivity analysis are performed using several fuzzy decision-making techniques. The findings indicated that matching energy supply and demand through information sharing on the blockchain platform and cooperating with companies in the RESC was recognized as the most important solution.

Suggested Citation

  • Hosseini Dehshiri, Seyyed Jalaladdin & Amiri, Maghsoud & Mostafaeipour, Ali & Le, Ttu, 2024. "Integrating blockchain and strategic alliance in renewable energy supply chain toward sustainability: A comparative decision framework under uncertainty," Energy, Elsevier, vol. 304(C).
  • Handle: RePEc:eee:energy:v:304:y:2024:i:c:s0360544224019108
    DOI: 10.1016/j.energy.2024.132136
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544224019108
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2024.132136?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:304:y:2024:i:c:s0360544224019108. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.