Electricity is the lifeblood of society and the modern economy. But the energy industry is now undergoing dramatic transformation, driven by regulatory standards, climate change and surging demand for renewable energy.
Amid this landscape, one rapidly emerging technology could help energy players overcome barriers to transformation. The most widely known and least understood technology of the 4th industrial revolution, blockchain is gaining traction as an effective tool for reinventing how electricity is generated, distributed and sold. Applicable to areas from grid management to financing, blockchain promises to digitise and democratise renewable energy to accelerate global impact.
Asia is now becoming a global hotspot for blockchain energy solutions. Utilities have launched pilot projects, energy markets are opening up across the region, and the blockchain start-up scene is expanding at breakneck speed, creating fertile ground for companies to shake up its business model and stay ahead of the energy transition.
What are the opportunities blockchain technology is unlocking for companies in the energy ecosystem? Is blockchain too early stage? What are the barriers to scaling blockchain-based solutions in industry? What are the success stories in blockchain and energy?
Join us at Blockchain: The next frontier for green energy to hear the region’s foremost experts in blockchain and clean energy discuss the answers to these critical questions and more on 18 September 2019. Organised by EB Impact, the sister non-profit of Eco-Business, expect a stellar line-up of speakers from the blockchain and energy world including Assaad Razzouk, Group CEO of Sindicatum Renewable Resources.
About The Reneum Institute
Headquartered in Singapore, The Reneum Institute is a not-for-profit company aiming to attract global climate capital for new renewable energy developments. Reneum aims to increase the action of non-state actors by mobilizing corporate demand and opening up market segments that are currently not supported by domestic Environmental Attribute Certificate (EAC) systems.
Reneum’s digital EAC platform leverages the decentralized ledger technology of the blockchain to facilitate EAC certification, issuance, and transactions. Reneum issues tokens for every MWh of green power generated to clean energy producers free-of-charge, a reliable revenue stream that enables project bankability. By verifying and recording electricity generation data gathered directly from smart meters of renewable energy projects, Reneum ensures the provenance of the energy is validated before it enters the market. Reneum tokens may then be purchased by a corporate buyer, and retired from circulation directly in the platform to ensure tracking compliance. By serving as a digital marketplace, Reneum unlocks a global market to support the sustainability targets of companies, governments and not-for-profits organisation worldwide.
If you are interested to join us, please click to register.
Group Chief Executive, Sindicatum Sustainable Resources
Strong economic growth and development in Southeast Asia is driving relentless demand for electricity, and meeting this need sustainably is key to building a decarbonised future for the region. While pilot projects for blockchain-based energy solutions have been rolled out in cities including Bangkok and Singapore, mass adoption is still on the distant horizon.
This panel will discuss how blockchain technology can be applied to the Southeast Asian energy industry with the most impact for sustainability, and the challenges involved in scaling these solutions.
Founder, Chief Executive Officer and Board Director, WEnergy Global
Founding Partner, LuneX Ventures
Founding Partner, South Pole Group
Executive Producer/Team Leader, Asian Development Bank
This debate will feature speakers arguing about the potential of blockchain technology to revolutionise the energy sector in Asia. Or are there other ways to drive the transformation in energy that should be prioritised for sustainable development?
Motion: This house believes that blockchain is another hyped up tool in the energy transition
Speakers for the motion:
Speakers against the motion:
Moderator: Augustine Anthuvan, Moderator-at-Large, Eco-Business
Chief Executive Officer, Electrify.Asia
Senior Executive Director of Investments, Wavemaker Impact
Co-Founder, Perlin
Founder and CEO, Build Blocks Group
Co-Founder and CFO, Positive Energy Limited
If you are interested to join us, please click to register.
If you are interested to join us, please click to register.