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Phase 1: Collaborative BTL European Energy Trading Trial
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  4. Phase 1: Collaborative BTL European Energy Trading Trial

Phase 1: Collaborative BTL European Energy Trading Trial

  • Overview
  • Project Information
  • UBIG sponsors Information

Overview

Project Summary

Several companies engaged in a 12 week trial with BTL to develop an energy trading confirmation solution. This project was a success and has moved toward phase 2.

Project Team

  • Project Lead
    1. BTL
  • Utilities
    1. Wien Energie
    2. BP
    3. Eni Trading & Shipping
  • Research Partners
    1. Ernst and Young
  • Vendors
    1. BTL Interbit
  • Other Participants or Stakeholders
  • N/A
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Project Information

Project Information

  • Blockchain Platform
    1. Energy Web Chain
  • Consensus Protocol
    1. Hypervisor
  • Use Case/Application
    1. Wholesale energy trading
  • Project Type
    1. Proof of concept

Status

Beginning Date:
January 13, 2017
Ending Date:
TBD
Project Status:
Completed
Last Modified:
September 4, 2020

Additional Information

For Additional Information:
  1. https://www.oilandgas360.com/btl-group-to-commence-interbit-blockchain-pilot-with-wien-energie-and-other-major-global-energy-companies/
  2. https://www.globenewswire.com/news-release/2017/06/05/1280801/0/en/BP-Eni-Trading-Shipping-and-Wien-Energie-Successfully-Complete-BTL-Group-s-Interbit-Energy-Pilot-Additional-Participants-Invited-to-the-go-to-Production-Phase.html
  3. https://www.coindesk.com/bp-wien-energie-complete-blockchain-energy-trading-trial
  4. https://www.plattsinsight.com/insight/commodity/cross-commodity/cutting-trade-costs/

UBIG sponsors Information: Learnings and Recommendations

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