Distributed ledger technology, such as blockchains, presents new opportunities for the U.S. energy markets. The current process of tracking and validating renewable energy attributes is labor intensive and expensive. Distributed ledgers automate this process, providing an efficient and error-minimized mechanism to track environmental attributes through the chain-of-custody, saving utilities and their customers money.
Distributed ledgers have the potential to add value in other ways too, such as: improving administrative processes, preventing double counting of claims, increasing transparency in price discovery, streamlining record management, providing more customer choice, and increasing the impact of customer purchases.
Distributed ledgers have the potential to add value in other ways too, such as: improving administrative processes, preventing double counting of claims, increasing transparency in price discovery, streamlining record management, providing more customer choice, and increasing the impact of customer purchases.
Services
John Friskel Consulting helps energy firms identify these opportunities and navigate the many challenges of this new and exciting field.
Services include:
Engagement with John Friskel Consulting begins with an initial phone call to understand client’s business model, needs, and vision as well as the capabilities and limitations of distributed ledgers pursuant to client's goals.
Services include:
- Strategic advice for the management team
- Perform market survey’s to identify customer pain points and product use cases
- Analysis of specific DLT platform data structures, consensus mechanisms, and security models
- Introductions to other stakeholders exploring this field and technical subject mater experts
Engagement with John Friskel Consulting begins with an initial phone call to understand client’s business model, needs, and vision as well as the capabilities and limitations of distributed ledgers pursuant to client's goals.
About
John Friskel has spent 12-years working in the U.S. renewable markets. Having served the market as a broker and project originator for two leading renewable energy firms, he has deep experience navigating the industry's mid-and-front office pain points. For the last three years, John Friskel has been researching and writing about distributed ledgers and was among the first industry members to identify how distributed ledgers could improve the operations of the renewable energy industry. He blogs at The DLT Energy Review.