Roundtable Energy Partnership (B2G) - Energy Group "Blockchain Technology Applications in the Energy Sector"

In cooperation with the Gesellschaft für Internationale Zusammenarbeit (GIZ) the AHK Chile is implementing the Roundtable Energy Partnership. Within the framework of the German-Chilean Energy Partnership, relevant energy and technology topics are discussed here with German and Chilean participants.

The sixth roundtable, this time on the topic "Blockchain Technology Applications in the Energy Sector" took place on July 14, 2021.

Sven Hargafar, from the Sustainable Energy Division at the Chilean Ministry of Energy, contextualized the current scenario in digitalization of the local energy sector, highlighting the development of new policies for information communication and management systems, and a reform to allow the retail sale of electricity and associated services.

Afterwards, Professor Jens Strüker, from the Frauhofer Institute for Applied Information Technologies, gave a presentation about the uses and research around blockchain usage in the German energy sector. Among these uses, management of energy assets and services, as well as the measurement, marketing, financing, and tokenization, stood out.

Another utilization for blockchain technologies is its usage to certify the energy’s origin, making it possible to trace the “colour” of hydrogen if applied to this power source’s production value chain.

Finally, Eduardo Soto, from Phineal, talked about the GTIME Blockchain tool, an energy traceability system based on blockchain technology, which certifies and verifies in real time the origin of energy generated through renewable sources. The information is collected through specialised hardware at the generations site and mined on a blockchain in a decentralised network of devices for use in certifications, smart contracts and energy management tools. 

The Energy Partnership between Chile and Germany started in April 2019. The partners are the German Ministry of Economics and Climate Action (BMWK) and the Chilean Ministry of Energy.