3Q 2021

Energy Blockchain Vendor and Deployment Tracker 3Q21

Vendors, Project Deployments, Use Cases, Investments, and Key Trends from the Emerging Energy Blockchain Market

Blockchain is a mathematical framework for decentralized information and systems management. Since roughly 2015, startups, utilities, and technology companies have financed and deployed demonstration and pilot projects to determine whether blockchain can address pain points across the energy industry. These projects focus on a wide range of use cases from transactive energy (TE) and peer-to-peer energy trading to supply chain management and renewable energy certificates. As the market has matured and the initial wave of investment in blockchain subsided, more than 30 companies have failed, and the market has become increasingly concentrated at the top.

New energy blockchain deployments peaked in 2018 and growth in the energy blockchain market has slowed in the past 3 years. Although TE and guarantees of origin remain the top use cases in the energy blockchain market, new project announcements indicate that vendors are still exploring other use cases such as Internet of Things (IoT), flexibility services, and wholesale energy trading.

This Guidehouse Insights report tracks global energy blockchain project deployments, use cases, and vendor activities around the world. It covers 286 vendors and 385 projects across five global regions. This report provides a broad and representative view of the energy blockchain market.

Pages 14
Tables | Charts | Figures 17
  • Who are the leading energy blockchain vendors?
  • What countries and regions are key markets for energy blockchain?
  • Which utilities are involved in energy blockchain pilots?
  • What blockchain platforms are being used for demonstrations?
  • What are the leading use cases for energy blockchain applications?
  • Utility companies
  • Energy technology companies
  • Smart meter vendors
  • Microgrid developers
  • Microgrid component suppliers
  • Utilities
  • Energy storage purveyors
  • Power electronics companies
  • Microgrid and smart grid software vendors
  • C&I customers
  • VPP aggregators
  • DERMS providers
  • Distribution systems operators
  • Smart grid hardware and software providers
  • Investor community

How to Use This File: Energy Blockchain Vendor and Deployment Tracker 3Q21

Energy Blockchain Vendor and Deployment Tracker 3Q21

Total Projects Announced by Region, World Markets: 2012-2021

Unique Vendors with Project Announcements by Region, World Markets: 2012-2021

Projects Announced by Region, World Markets: 2012-2021

Top 10 Use Cases by Projects Announced, World Markets: 2012-2021

Cumulative Projects Announced by Technology Segment, World Markets: 2012-2021

Top 5 Countries by Total Projects Announced, World Markets: 2012-2021

Projects Announced by Top 5 Vendors, World Markets: 2012-2021

Energy Blockchain Project Database: 2012-2021

Energy Blockchain Vendor Database: 2012-2021

Acronyms and Abbreviations, Use Cases, Codes, and Definitions

  • Total Projects Announced by Region, World Markets: 2012-2021
  • Unique Vendors with Project Announcements by Region, World Markets: 2012-2021
  • Project Announcements by Region, World Markets: 2012-2021
  • Top 10 Use Cases by Project Announcements, World Markets: 2012-2021
  • Cumulative Projects Announced by Technology Segment, World Markets: 2012-2021
  • Top 5 Countries by Total Projects Announced, World Markets: 2012-2021
  • Project Announcements by Top 5 Vendors, World Markets: 2012-2021
  • Energy Blockchain Vendor and Deployment Tracker 3Q21
  • Total Projects Announced by Region, World Markets: 2012-2021
  • Unique Vendors with Project Announcements by Region, World Markets: 2012-2021
  • Projects Announced by Region, World Markets: 2012-2021
  • Top 10 Use Cases by Projects Announced, World Markets: 2012-2021
  • Cumulative Projects Announced by Technology Segment, World Markets: 2012-2021
  • Top 5 Countries by Total Projects Announced, World Markets: 2012-2021
  • Projects Announced by Top 5 Vendors, World Markets: 2012-2021
  • Energy Blockchain Project Database: 2012-2021
  • Energy Blockchain Vendor Database: 2012-2021