Blockchain technology will play a key role in the transactive grid of the future. A blockchain is an immutable, distributed, shared ledger that makes it possible for energy and energy-related financial transactions to be securely recorded and settled. Not all blockchains are created equal, however. A blockchain that would be able to support the complex services and interactions fundamental to managing energy grids and markets has very specific requirements related to its consensus and storage models, and services for identity, access control, and contracts. Before we can define what those requirements are, it’s important to first understand the use cases and applications that the energy blockchain would support. A report from late 2016 by the German agency, dena , provides a very good overview of several key use cases. They conducted a survey of German energy executives which provides great insight into how blockchain can and is being used by the energy industry. This excerpt fr
Disrupting the energy industry