E-Point is a digital marketplace for buying, selling, exchanging and sharing energy and services. The target groups of this innovative and interactive platform are public utility companies, redistributors and industrial customers.
+++ Coal falls as gas rises: World energy balances in 2016 +++
In the first part of our report on blockchain, we claimed that the blockchain is an innovative technology that allows users to perform direct, fast, and forgery-proof transactions. While there are already some wellknown commercial applications in the financial sector, the use of Blockchains in other sectors, such as energy has so far been limited to a few pilot projects.
Blockchain technology experienced an explosive attention rise in 2016 and was placed by IT experts at the top of the trend curve, the so-called peak of inflated expectations. Analysts from Gartner Inc. are confident that the Blockchain technology is not just a hype but promises numerous potential applications for the future. Can this technology meet indeed these high expectations? At the moment, companies from different sectors are wondering whether it is worth to invest in this trend.
The German Association of Energy and Water Industries (Bundesverband der Energie- und Wasserwirtschaft – BDEW) is the most important lobby group representing the interests of energy companies to policymakers and the general public in Germany. This year’s BDEW Congress adopted the theme of “Change: new ideas, new formats”.
20 years ago the EU decided to create a free energy market in order to make cross-border trading of electricity and gas easier, more transparent and more efficient. This was a mission that required common rules.
On 1 June 2016, the German Federal Cabinet has adopted an amendment of the Incentive Regulation. The amendment should guarantee a more efficient and secure energy infrastructure. But therefore, the system operators are challenging high requirements for transparency and publishing of data.