Despite the Hype, Utilities Still Wary of Blockchain

By [email protected] Utilities remain wary of blockchain, despite the technology having been touted for energy applications for more than three years, new research finds.

In a survey of 15 utilities and one regional transmission organization across North America and Europe, 69 percent saw blockchain as “still emerging.”

Despite hype from more than 150 energy blockchain vendors and startups, “there’s very little live activity” among utilities, said David Groarke, managing director of Indigo Advisory Group, which carried out the research for the Electric Power Research Institute (EPRI).

Groarke said North American companies, in particular, are adopting a wait-and-see approach to blockchain. None of the four utility

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