Survey of Blockchain Technology Deployment in Electric Power Industry in Indonesia

This study investigates the potential adoption of blockchain technology within the Indonesian electricity sector to address key challenges in digital infrastructure. Blockchain technology has the potential to address the challenges by facilitating immutable and distributed storage of data across multiple network points. A two-stage methodology comprising a comprehensive literature review and selection of case studies is employed to conduct the survey. Research from reputable databases is reviewed by focusing on blockchain applications in energy systems. Key criteria such as Regulation, Implementation Readiness, Urgency, Technology Readiness Level, and Business Maturity Level are analyzed to assess deployment readiness across the main use cases in the Indonesian landscape. The review finds that five main use cases in Indonesia can be enhanced by blockchain technology, including peer-to-peer energy trading, renewable energy certificate trading, electronic billing of electricity, microgrid transactions, and electric vehicle charging transactions. Furthermore, the deployment readiness analysis suggests that electronic billing and electric vehicle charging transactions emerge as the most viable options. It is supported by conducive regulations, high urgency, and existing technological infrastructure.