1. Blockchain for energy trading
by Jorge Alvarado
Blockchain Solutions Architect
ELCA Informatique, Switzerland
30th UN CENTRE FOR TRADE FACILITATION AND E-BUSINESS (UN/CEFACT) forum

2. 2D 1D 3D changes in the energy industry decentralization
Transmission of electricity over long distances is wasteful, emergence of prosumers and prosumagers, regulations encouraging microgrids. 1D 3D
decarbonization
Global initiatives to reduce the effects of global warming are expected to discourage the use of fossil fuels
digitization
decades-old infrastructure is phasing out and replaced by new modern software-powered management, as well as surge of smart meters enhances the quality of electricity-related data

3. blockchain features with direct impact on energy trading01 02 03 04 05 06
blockchain features with direct impact on energy trading
smart contracts
computer code that is permanently running in the blockchain network with its own autonomy
06.
digital signatures
alice cannot send a message to bob and then deny ever sending it
03.
tokens resistant to double spending
a token is a smart contract that behaves like a physical metal coin, it can only be in one wallet at any time
05.
fault tolerant
no central server therefore the network is more resistant to be taken down.
02.
resistant to modification
every new data block appended is cryptographically tied to the previous entries, modifying the block history is computationally expensive
04.
resistant to collusion
no central authority or supreme elite can take unilateral decisions
01.

4. opportunities to use blockchain on energy trading
m2m energy economy
smart batteries sell directly to other smart devices
peer-to-peer energy marketplaces
people able to sell/buy their own energy
sectorial energy blockchain
a sectorial blockchain interconnected with other blockchains (finance, supply chain, etc)
semi-connected devices use pay-as-you-go
mobile economy for micro purchases of electricity in the poorest regions of the world
carbon credits tracking
tokens used as mechanism to enforce global climate initiatives
transparent pricing/billing
consumption tracked transparently, reducing risks of fraud
manage demand-side response
orchestrate household demand to reduce consumption spikes on electricity grids
energy communities management
decentralized apps to manage communities of zero-net energy buildings

5. thank you!
Picture reference:
Icons made by Freepik, Pixel Perfect, Smashicons, Linector from