ABOUT

History

Energy Web Foundation (EWF) launched in early 2017. We were co-founded by globally respected energy think-and-do tank Rocky Mountain Institute (RMI) and noted blockchain developer Grid Singularity (GSy), along with a cohort of 10 founding Affiliates. RMI and GSy—who today both contribute members to our board of directors (i.e., Foundation Council)—saw blockchain’s promise in the energy sector. EWF was born to make that promise a reality.

During the first months of EWF, our testnet leveraged public Ethereum’s Kovan network, but by November 2017, we had launched Tobalaba, our EWF-built dedicated testnet. It was a time of intense energy-sector interest in blockchain technology. Between Q2 2017 and Q1 2018, the industry invested some $322 million in energy blockchain startups. By early February, our own community had grown to 37 Affiliates, and by summer 2018, we had named our founding CEO.

Then, as the energy sector began exploring blockchain technology as a serious opportunity rather than novel curiosity or possible disruptor, the pace accelerated. By March 2019, we had incredibly passed the 100-Affiliate milestone. Meanwhile, Affiliates and other partners have wasted no time adopting the Energy Web, launching proofs of concept, MVPs, and other solutions on Volta, our second-generation testnet, including in cooperation with PJM-EIS, SP Group, Chile’s CNE, Iberdrola, Acciona, Elia, Stedin, and others.

And in June 2019, we launched the Energy Web Chain, the world's first public, open-source, enterprise-grade blockchain tailored to the energy sector. TEO by Engie became the first dApp to migrate onto the live production chain, while companies such as Thailand's PTT began building new commercial solutions on it. It may still be early days for blockchain in the energy sector, but the momentum is clear. We are both proud and excited to be among those organizations developing the technology and championing the movement.

About the Cofounders

Rocky Mountain Institute

Rocky Mountain Institute (RMI)—an independent nonprofit founded in 1982—transforms global energy use to create a clean, prosperous, and secure low-carbon future. It engages businesses, communities, institutions, and entrepreneurs to accelerate the adoption of market-based solutions that cost-effectively shift from fossil fuels to efficiency and renewables. RMI has offices in Basalt and Boulder, Colorado; New York City; Washington, D.C.; and Beijing.

To learn more, please visit https://rmi.org/.

Grid Singularity

Grid Singularity is a world-leading blockchain technology developer in the energy sector. Founders and key staff includes core Ethereum blockchain developers, experienced energy executives, energy regulators, and technology entrepreneurs. Grid Singularity was a 2018 World Economic Forum Tech Pioneer.

To learn more, please visit https://gridsingularity.com/.
The Energy Web is an open-source, scalable blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs.

Latest Tweets

Congratulations to #EnergyWeb member @Exelon on being recognized by @Forbes as ... one of the top corporate citizens doing right by America. Well deserved! #JUST100

#BlockchainNews - Last week, Power Ledger announced a partnership with Indian ... electricity distributor BSES Rajdhani Power to expand the trial of its #P2P energy trading platform in Delhi.
https://t.co/oqpeLMKqhs

That's a wrap! We had a great time at this year's #EUW19 in Paris. Thank you to ... all who stopped by to meet with us, hear us speak, and learn more about the #energyblockchain revolution.
#EnergyWeb

Today is your LAST DAY to get the early bird discount for our #blockchain in ... #energy workshop - taking place at @DISTRIBUTECH on January 27. Register today: https://t.co/iNyO5HjwAy
[Energy Web members - contact us for free pass]

We're working to find better ways to connect #digital assets throughout the ... #energy system via #blockchain. More coming soon!

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