Blockchain in Utilities: The State of Play

B l ockcha i n t echno l ogy i s emer g i ng as a po t ent i a l ac ce l era tor , f ac i l i t a t i ng the t rans i t i on to d i s t r i but ed ener gy sys t ems and d i s rupt i ng the ut i l i t i es bus i nes s mode l i n the proces s — a t l eas t i n the t ermi na l segment s o f the va l ue cha i n ( e . g . , agg rega t i on , supp l y ) . Cruc i a l l y , b l ockcha i n i s be i ng t es t ed to enab l e ener gy consumer s and prosumer s to autonomous l y execut e l oca l peer - to - peer ( P2P ) ener gy t ransac t i ons i n a secure , t rus t ed , and aud i t ab l e manner wi thout the need f or an i nt ermed i ar y . However , a c l oser l ook shows tha t there are severa l , more immed i a t e swee t spo t s f or b l ockcha i n i n the i ndus t r y , bo th ac ros s ex i s t i ng proces ses and new bus i nes s mode l s .

J ean- Franço i s Sega l ot to , Research Manager , EMEA, IDC Energy Ins i ght s

www.idc.com

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