#024: Blockchain Disruption in the Energy Supply Chain

Rapid innovation using blockchain technology is becoming a major game changer, surfing the renewables revolution and shift to prosumers*. We interviewed Erwin Smole at the EventHorizon conference in Berlin on how blockchain has the potential to disrupt every part of the energy market. 

Erwin is a busy man, having co-founded both Grid Singularity, which runs a blockchain peer-to-peer energy platform and the Energy Web Foundation, an open sourced platform designed to create a unified standard to make energy data more usable, as well as being part of the team that made EventHorizon happen.  Therefore, he is well placed to give an overview of blockchain for energy.
 
Erwin explains that in Europe, governments are expecting the energy transition to happen at a consumer level as current approach of building big wind farms are starting to cause problems to the energy grid. In the developing world, with 2 billion people without electricity, solar and small batteries along with blockchain technology is expected to accelerate the creation of local energy markets with invoicing capability.
 
He also shares his personal journey of more than 2 decades in the energy sector and why innovation in the energy sector and the purpose of reducing environmental impact inspires him.
 
* a prosumer is both a consumer and producer of energy
 
Erwin Smole on Linkedin.

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