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Municipal utility WSW in the western German city of Wuppertal says that it has launched the world鈥檚 first green power trading platform based on blockchain technology. Clients can buy electricity from local renewable power producers and determine their own power mix on the 鈥淭al.Markt鈥� platform, which was developed in cooperation with Swiss energy trader Axpo, according to a .  鈥淭he concept has the potential to revolutionise power retailing鈥�, said WSW head Andreas Feicht. He said selling power directly to consumers could save many wind and solar arrays that will no longer receive feed-in tariffs, because they cannot cover costs on the wholesale market. 

Find the press release in German .

For background, check out the factsheet Blockchain 鈥� the next revolution in the energy sector? and the dossier Digitalisation ignites new phase in energy transition.