[ad_1]
Blockchain in the energy market is expected to experience stellar growth from oil & gas applications over the anticipated time frame due to increased efforts to optimize trade accuracy and technical efficiency to improve accessibility of trade data. The technology’s broad ability to improve efficiency in the back office and consequent minimization of the working capital cycle will strengthen the industry’s outlook.
The growing focus of oil and gas companies on eliminating the need for processing confirmations and clearing houses along with the ability to offer a higher degree of transaction accuracy, reliability and security will accelerate blockchain adoption across the segment.
Get a sample copy of this research report @ https://www.decresearch.com/request-sample/detail/3223
The growing complexity of the electricity grid due to the increased adoption of renewable energy sources, coupled with the growing demand for energy efficient systems to improve grid efficiency, will promote blockchain in the dimensions of the energy market. The advent of smart metering systems and the rise of peer-to-peer platforms have led to disintermediation, which will further drive the adoption of blockchain in utility applications during the analysis period. In addition, the greater spread of blockchain projects around the world and the acceleration of investments towards the advancement of technology will increase the penetration of the sector.
Blockchain in the energy sector’s share from the private segment will accrue modest revenue thanks to superior security services along with strict control to minimize downtime. Furthermore, the limited competition at the moment and the lower load increase its ability to achieve a faster transaction rate than its counterpart. Private blockchain in the energy market is expected to see growth of more than 45% from 2019-2025, fueled by a growing need to achieve a balance between energy supply and demand combined with growing security concerns, due to advances on devices connected to the Internet.
The European blockchain in the energy market is expected to collect substantial revenue by 2025 due to increasing investments towards process digitization and technology adoption, combined with revised initiatives to promote and explore research and development in secure blockchain. Additionally, the growing need to ensure privacy, efficiency, interoperability and cybersecurity to improve existing operations will affect industry demand.
Personalization request @ https://www.decresearch.com/roc/3223
Summary (ToC) of the report:
Chapter 1 Methodology and scope of application
1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.4 Sources of data
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Blockchain in the energy market 3600 synopsis, 2017-2025
2.1.1 Business Trends
2.1.2 Category Trends
2.1.3 Application Trends
2.1.4 Regional trends
Chapter 3 Blockchain in Energy Market Insights
3.1 Segmentation of the sector
3.2 Industrial landscape, 2017-2025 (million dollars)
3.3 How the blockchain works
3.3.1 Supplier matrix
3.4 Regulatory landscape
3.4.1 Europe
3.4.1.1 Policies and directives on renewable energy in the EU
3.4.1.1.1 2013/347 / EC – Trans-European energy infrastructure
3.4.1.1.2 2009/28 / EC – Renewable Energy Directive
3.4.1.1.3 2001/77 / EC – Renewable energy sources in domestic electricity
3.4.1.2 Paris Agreement
3.4.2 European Commission
3.4.2.1 General Data Protection Regulation (GDPR): 2016/679
3.4.2.2 Law on renewable energy sources (EEG 2017)
3.4.2.3 Payment Services Directive (PSD1)
3.4.2.4 Payment Services Directive (PSD2)
3.4.3 USA
3.4.3.1 CASA INVOICE 2417
3.4.3.2 Article 5:
3.4.3.3 Senate Bill No. 398
3.4.3.4 Senate Bill 69
3.4.3.5 Energy Policy Law, 2005
3.4.3.5.1 IEEE1547 – Standard for the interconnection of distributed resources with power supply systems
3.4.4 Canada
3.4.4.1 CAN / CSA-C22.2 No. 257-06
3.4.4.2 CAN / CSA-C22.3 No. 9-08
3.4.5 China
3.4.5.1 13th five-year plan
3.4.6 Japan
3.4.6.1 New growth strategy in 2011
3.4.7 UAE
3.4.7.1 Emirates Blockchain 2021 Strategy
3.5 Innovation and the technological landscape
3.5.1 Grid +
3.5.2 Oracle
3.5.3 Electron
3.5.4 Energy mine
3.5.5 Sun Exchange
3.5.6 Greeneum
3.6 Potential of blockchain for the energy sector
3.7 History of the development of blockchain technology
3.8 Start-up companies and initiatives using Blockchain in the energy sector
3.9 Advantages of the Blockchain over current approaches to data management
3.10 Alignment of emerging energy issues and fundamental capabilities of blockchain resulting in promising applications of blockchain in the energy sector
3.11 Industry Impact Forces
3.11.1 Growth driver
3.11.1.1 Growth of decentralized energy production
3.11.1.2 Growing security problems around the world
3.11.1.3 Greater automation with data integrity and security
3.11.2 Pitfalls and challenges of the sector
3.11.2.1 Lack of a common set of regulatory standards and uncertain regulatory landscape
3.12 Blockchain is not Bitcoin
3.13 Analysis of growth potential
3.14 Competitive landscape, 2018
3.14.1 Strategy Dashboard
3.14.1.1 Electron
3.14.1.2 Power Ledger
3.14.1.3 LO3 Energy
3.14.1.4 WePower
3.14.1.5 Accenture
3.15 PESTEL analysis
Browse the full index (ToC) of this research report @ https://www.decresearch.com/toc/detail/blockchain-in-energy-market
.[ad_2]Source link
