You are here

Blockchain in the Energy Sector

Blockchain in the Energy Sector

Blockchain in the energy sector

 

Understand how blockchain works, where the technology has come from and why it will empower energy customers like never before.

 

 

Upcoming cohorts

Blockchain in the energy sector | October

15/10/2018 to 22/12/2018
Online | 4 weeks | 3 hrs per week
Registration deadline 
09/12/2018

About this course

This free digital course offers an overview of how and why blockchain has the potential to disrupt the energy sector, optimise conventional processes, and empower customers as never before.

You will look at how blockchain works and gain an insight into the background, value proposition, and geopolitical context that have brought it to the centre of the energy debate.

What is the business case for blockchain in the energy sector? The idea is to make it easier in complex buyer-seller interactions to create contracts between key players in the market via peer-to-peer transactions. This reduces – or even removes – the role of intermediary agents.

Blockchain supporters claim that this would reduce transaction costs and support streamline the relationship between buyers and sellers, thereby achieving an optimal relationship supply and demand balance.

As energy production becomes increasingly available to individuals, through household solar panels, wind turbines etc.; and as new markets emerge, e.g. electric vehicles, many believe that blockchain is set for rapid growth, presenting the energy sector with considerable opportunities. Key areas of interest include: metering and billing, asset management, emission allowances, and renewable energy certificates.

We want to highlight the high-level aspects of blockchain methodology, illustrating its economic potential with business case examples.

Is this course for you?

This course is designed for a wide variety of energy sector professionals, including policy makers, energy company employees, and financial and business experts.

How does the course boost your career?

By the end of the course, you will be able to:

  • Describe the characteristics of blockchain and digital currencies.
  • Synthesise the value proposition of blockchain for a specific company.
  • Explore the potential that smart contracts have in different fields.
  • Identify which sectors will be most heavily affected by blockchain technology.

Teaching methods and materials

In this four-week course, you will cover the following topics. You will be required to spend up to three hours’ learning time per week.

  • What is blockchain?
  • Digital currencies
  • The evolution and future of blockchain
  • Smart contracts and applications
  • Blockchain in the energy sector: the new paradigm
  • P2P energy trading
  • Blockchain applied to EV charging

Institutions

 

Facilitated by