Blockchain is not a disruptive technology for peer-to-peer power transactions in Germany
31.07.2017 | The hype around blockchain provided some rather discouraging scenarios for companies in the German electricity system. However, a new analysis recently conducted by the research institute ewi Energy Research & Scenarios (ewi ER&S) shows that blockchain currently has no disruptive potential for peer-to-peer power transactions. The study illustrates that platforms (e.g., based on blockchain technology) for peer-to-peer transactions do not face organizational or regulatory barriers. However, levies, taxes and surcharges on final consumer power consumption burden the disruptive potential of the technology and hamper deployment. Public blockchain-based platforms will come with additional costs for underlying distributed mechanisms.