Energy & Utilities Industry

The energy and supply industry is the foundation of every industrialized economy. This foundation has been built over the last 150 years mainly on the basis of large, centralized generation units, largely based on fossil energy sources such as coal, oil and gas, and today this organizational structure is challenged by two main drivers.

First, through economically and ecologically attractive generation alternatives such as solar and wind energy, which have seen dramatic cost reductions in recent decades and will become even cheaper in the coming years. Second, through digital technologies such as the Internet of Things and Blockchain, which will enable a more decentralized and intelligent energy system in the future, the energy and supply system represents a network of a wide variety of actors, which will become even more diverse and complex in the coming years.

In addition to smaller generation units, battery systems, electric vehicles and flexible load management will play an even greater role. In order to continue to ensure a secure, affordable and environmentally friendly supply, a successful integration of digital technologies is essential. We advise decision makers in the energy and utility industry to be up to date in the areas of Blockchain and Token Economy and to use this knowledge successfully for their companies.