Global Markets

Blockchain in energy: after the hype

Distributed ledger technology is becoming more established, but it is still hard for energy firms to see how they can use it Distributed ledger technology is becoming more established, but it is still hard for energy firms to see how they can use it.
By Verity Ratcliffe 16 October 2018 0 32917
The trading floor at E.On in Germany. (E.On)

Hype around blockchain has raised awareness of the technology’s potential while also making it more difficult for energy companies to identify how they can best make use of it, according to panellists who spoke at the Energy Trading Operations & Technology 2018 Summit in London on Wednesday.

“There has been a lot of hope and over-excitement over a very specific technology that adds specific value to specific situations,” said Adi Ben-Ari, founder and chief executive of Applied...