On 21st March VPPlant’s CEO Grzegorz Nowaczewski will take part in the conference ‘Blockchain in the Energy Sector’ in Berlin. The event is organised jointly by PwC and World Energy Council. The meeting will be held as a round table discussion of invited stakeholders.
Blockchain has the potential to change the way we arrange, record and verify transactions, with the underlying model shifting away from a centralised structure (exchanges, trading platforms, energy companies) towards decentralised systems (end customers, energy consumers interacting directly). It is no surprise then that, outside of the financial sector, the energy sector is seen as one of the industries where Blockchain could have the biggest transformative and disruptive impact. Many energy and utility companies have ventured into new business models using this innovative technology. Peer-to-peer trading, grid balancing system, storage integration, renewable energy certificate trading are just a few of the use cases being explored – the organisers wrote in an invitation to the conference.
An opening presentation will be delivered by Axel vo Perfall from PwC, who will speak about an update on Blockchain in the energy sector and expectations in the next 2 years? The next presentation will be about ICOs ((Initial Coin Offerings) in energy. During the event the participant will discuss the following questions:
• What are the newest developments around Blockchain in our industry?
• Which are the learnings from the first projects: What went well? Where are barriers?
• Does the Blockchain hold its promises of standardized, direct and efficient transactions?
• Which further developments of the technology do we expect?
• Which changes in regulation must come in place in order to use the full potential of the technology?
• In which way will the technology change our businesses – be it grids, metering, trading, distribution?
• How can we prepare? Where do we need to adapt strategies, investments and capabilities?