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ARTICLE · 16 APRIL 2019

Blockchain In Energy: Stakeholders, Solutions And The Path To Standardization

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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The ecosystem of blockchain solutions in the renewable energy industry is rapidly growing.

United StatesEnergy and Natural Resources

The ecosystem of blockchain solutions in the renewable energy industry is rapidly growing. Blockchain has the potential to ease the burden that the introduction of electric vehicles places on the grid, help facilitate an increasingly distributed grid, track renewable energy from generation to its final use, open the door for renewable energy sources and the associated issues with variable output, and handle an enormous amount of transactions quickly, cheaply, and securely. Within this ecosystem, various stakeholders champion different solutions. The variety of stakeholders and solutions creates a possible conundrum for the ultimate integration of the entire blockchain ecosystem in the energy industry.

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