Currents - Energy Industry Insights - January 2020 #3

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Energy Blockchain’s Most Obvious Use Case is Not What You Think -

"Instead, a select group of blockchain companies is finding success with a focus on certificates of origin, helping demonstrate the provenance of renewable energy supplies."

Why this is important: The push to use renewable energy continues to be a hot topic in many circles, but questions arise about the reliability of electricity claimed to be created by renewable energy sources. Renewable Energy Certificates ("RECs") try to address this issue by providing data about electricity when created, including the renewable fuel type and location used to create it....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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