Blockchain: Green building blocks
The technology is helping to expand the uptake of renewables worldwide, Ewald Hesse, CEO of Grid Singularity, tells World Energy Focus
Q. What is Grid Singularity, and why did you decide to start the company? A. I was a mechanical engineer, and worked for the energy group ABB in Austria for six years. I first dived into blockchain five years ago, working with bitcoin mining, and then I supported the development of Ethereum which received $18m in crowdfunding and then took one and a half years to build. It is still so far the most advanced blockchain platform. Two years ago, we decided to open a new company, Grid Singularity, with the purpose of further developing the blockchain technology suitable for energy markets. Q. Can you explain how a blockchain transaction works, from beginning to end? A. Bitcoin, which is a currenc
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
