Energy sector News

In a bid to promote the use of renewable energy in Italy, Power Ledger (POWR), a blockchain-based energy trading platform has partnered with Alperia, one of the largest green energy utility companies in Italy. Accordingly, Power Ledger will get its…

Blockchain is solidifying its place in the renewable energy industry as Kyocera has announced on February 25, 2019, that they will be partnering with LO3 to test a blockchain-powered virtual power plant (VPP). Testing, testing With some irony, blockchain, which…

According to a press release published on January 30, 2019, Fujitsu Limited has successfully trialed a blockchain-powered platform to mitigate inefficiencies pertaining to energy shortages as well as surpluses among consumers and companies. Blockchain Technology to Fix Electricity Problems Japan…

On January 16, London-based blockchain oil trading platform VAKT announced that oil and gas giants Chevron, Total and Reliance have joined its new blockchain-powered commodity trade platform. VAKT Puts Oil onto the Blockchain VAKT’s mission is “to digitize the global…

Iberdrola, a highly reputed Spanish energy company, in conjunction with Kutxabank and the Energy Web Foundation distributed ledger technology (DLT) platform, has reportedly used the tech to prove the renewability, transparency and cost efficiency of electricity it generates for users,…