It is sometimes said that the energy sector—and grid operators in particular—can be risk-averse, not very fast paced to innovate, and not amongst the first to adopt digital technologies. But as I look back on the past few years and the evolution of the Energy Web ecosystem and technology, I must and can only conclude the opposite. The industry is powering forward with impressive speed and appetite for an innovative, open and open-source digital infrastructure that accelerates the low-carbon energy transition.
The global energy sector is powering forward with impressive speed and appetite for innovative open-source digital solutions that support the low-carbon energy transition.
In mid-2019—just two years after Energy Web launched with a dozen founding affiliates—our ecosystem had surpassed 100 companies and together we launched the world’s first public, enterprise-grade blockchain tailored to the energy sector, the Energy Web Chain. They were two incredible milestones accomplished in an impressively short period of time. As the end of 2019 approached, the first applications had migrated onto the EW Chain and 2020 was shaping up to be an even bigger year for the Energy Web network.
And then the COVID-19 pandemic struck, disrupting the global economy and life at home alike. It is a story we all know too well at this point. Yet the Energy Web team, the broader Energy Web ecosystem, and the energy sector overall powered forward. In-person member forums became virtual events. Face time with colleagues in the office became video chats on computer screens. But the work itself—to accelerate the low-carbon energy transition by harnessing the potential of open-source, digital technology—continued with as much passion, determination, and momentum as ever. I’m incredibly proud of all the Energy Web community accomplished in 2020.