World Energy Insights – Blockchain

The blockchain in the energy market has the first hype behind it. The technology is being used in more and more (pilot) projects, such as decentralised supply models (P2P). But is the regulatory framework in the energy market already fit for blockchain? Where changes may be necessary to raise further potential for new solutions. The World Energy Council discussed these questions in 39 interviews with representatives from the energy industry, politics and research.

The majority of respondents agreed that market participants must first develop a new block-chain-capable market before the regulatory authorities can intervene.