Wien Energie Gas Blockchain

Wien energie is also part of enerchain which groups 35 european utilities participating in tests to create a trading platform for electricity and gas and eventually to perform b2b trading.

Wien energie gas blockchain.

Wien energie is actively researching the use of blockchain technology for the decentralized uncomplicated handling of transactions in the energy industry. In the viertel zwei urban development area wien energie is working with 100 residents to develop new customer solutions with the help of blockchain technology. Wien energie austria s largest electricity and natural gas supplier has collaborated with technology giant bosch to develop a blockchain driven refrigerator. Decentralized production and customer profiles and also subsequent processes e g.

In an announcement on the company s website the innovation was described as a building block to turn households into active participants in the electricity market and to increase consumer interest in consumption and power generation. In 2017 wien energie carried out the world s first blockchain gas trade. Announcing the news during the anon blockchain summit in vienna wien energie claimed that this blockchain based fridge will help to grow consumer interest in the. At the beginning of 2017 a pilot project for gas trading was carried out together with the oil companies bp and eni the business consultant ernst young and the blockchain start up btl.

Wien energie has also developed a blockchain refrigerator in cooperation with bosch. 23 twh of electricity natural gas and district heating annually. Austrian energy provider wien energie has partnered with tech company bosch to develop a blockchain refrigerator. Perspectively we see otc trading of non standard products e g.

Wien energie is the largest energy provider in austria and sells approx. Canadian blockchain startup btl announced the completion of the 12 week trial using its interbit platform which also included wien energie and eni trading shipping as participants. The company operates in the supply of electricity natural gas and heat from around 2 million customers 230 000 commercial and industrial plants and 4 500 agricultural enterprises in the greater vienna area. Peter gönitzer general manager wien energie with the concrete use of blockchain technology bkw pursues efficiency gains in settlement and billing of increased trading volumes.