Press release
Blockchain in Energy and Power Market Size, Share & Forecast (2025-2035): Rapid Growth to USD 162.2 Billion
Blockchain in Energy: Reshaping the Future of Power Systems
Imagine seamlessly selling the extra solar energy generated on your rooftop directly to a neighbor. Envision electric vehicle charging that happens automatically, with transparent real-time tracking of carbon credits. These innovations are no longer futuristic concepts-they are becoming reality through the integration of blockchain technology in the energy sector.
A Rapidly Expanding Market
The numbers highlight this accelerating transformation. The blockchain energy market is experiencing explosive growth, rising from USD 4.8 billion in 2025 to a projected USD 162.2 billion by 2035. This impressive annual growth rate of 42% underscores the increasing global adoption of decentralized, transparent, and secure energy systems powered by blockchain.
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What's Powering This Market Transformation?
One of the key forces accelerating blockchain adoption in the energy sector is peer-to-peer (P2P) energy trading. Instead of selling excess rooftop solar power back to utilities at low feed-in tariffs, blockchain enables direct energy trading between consumers at transparent, market-driven prices. A notable example is the Brooklyn microgrid project, which recorded a 25% increase in local energy trades, significantly reducing dependence on the central grid.
Another major driver is the rise of smart electric vehicle (EV) charging. In Germany, the Share & Charge network facilitated over 1 million blockchain-enabled EV charging sessions in 2023, supporting seamless cross-network billing and real-time dynamic pricing. This enhances user convenience while optimizing grid load management.
Carbon credit tracking is also emerging as a crucial application. With environmental markets facing challenges like fraud, double counting, and inconsistent reporting, blockchain offers tamper-proof verification and full transparency. According to the UN, blockchain-based carbon credit platforms grew by 30% in 2024, helping organizations meet sustainability goals with greater trust and accuracy.
Key companies profiled in this market include:
Power Ledger Pty Ltd, WePower UAB, LO3 Energy Inc., Electron (Chaddenwych Services Ltd), GridPlus Inc., Siemens Energy AG, Shell plc (Shell Energy), Engie SA, SunContract, Iberdrola S.A., IBM Corporation, Microsoft Corporation, Oracle Corporation, Infosys Limited, SAP SE, Deloitte Touche Tohmatsu Limited, BigchainDB GmbH, FlexiDAO S.L., and the Energy Web Foundation.
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Real-World Success Stories:
Major companies are already achieving results. Siemens launched a blockchain grid management system that improved efficiency by 15% in pilot programs in Austria and Singapore. Meanwhile, Shell expanded its blockchain carbon tracking to five new markets, and Power Ledger helped over 200 households in India trade solar energy locally.
Regional Leaders:
North America is leading with deregulated markets that drive innovation. Asia-Pacific is the fastest-growing region at nearly 45% annual growth. Germany is pioneering smart grid integration, China is filing many blockchain energy patents, and the U.S. is running extensive pilot programs across several states.
Challenges Ahead:
Despite the promise, challenges remain. Different blockchain platforms often cannot communicate with one another, which limits widespread use. Regulatory uncertainty also slows progress, as governments struggle to establish clear rules for this new technology.
The Future Looks Bright:
As these challenges are resolved, blockchain is set to become the foundation of our energy future. It will allow for cleaner, more efficient, and more inclusive energy systems where everyone can engage in the energy economy, not just large utilities.
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Key Questions Answered in the Report:
How big is the Blockchain in Energy and Power Market?
What is the current Blockchain in Energy and Power Market size?
Who are the leading companies in the blockchain in the energy and power market?
Which region is experiencing the fastest growth in the blockchain in the energy and power market?
Which segment holds the largest share in the blockchain in the energy and power market?
Related Reports:
Marine Current Turbine Market: https://www.meticulousresearch.com/product/marine-current-turbine-market-6251
Peer-to-Peer Energy Trading Platforms Market: https://www.meticulousresearch.com/product/peer-to-peer-energy-trading-platforms-market-6183
Smart Energy Management Market: https://www.meticulousresearch.com/product/smart-energy-management-market-5255
Energy Harvesting System Market: https://www.meticulousresearch.com/product/energy-harvesting-system-market-5235
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