28 August 2019

RECS International publishes opinion paper on blockchain

In recent years blockchain technologies have endeavoured to establish a role in the tracking of energy attributes, either alongside or in competition with established systems. Whether blockchains enhance or negatively impact existing tracking system remains to be seen. RECS International has created a position paper which analyses the capability for blockchains to enhance attribute tracking and drive it to new heights, or whether their promise will fade as market players continue to rely on the proven success of established systems.

The document can be downloaded here.

Given the rapidly changing nature of this sector of the energy attribute tracking world, the RECS International secretariat welcomes feedback from members on this matter. Members are also welcome to apply to join the Blockchain Working Group, which played a significant part in the development of this position paper. Please contact the Director, Adam White, for more information at a.white@recs.org.