Energy Industry and Blockchain: New Applications and Issues for Counsel
Distributed Ledger Technology in Energy, Smart Contracts, Regulatory Concerns
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide counsel with an examination of current and potential uses of blockchain in the energy industry. The panel will discuss the advantages of distributed ledger technology (DLT) in cost-efficiency, cybersecurity and fraud protection, as well as the legal and structural concerns in implementation.
- Characteristics of blockchain and DLT
- Decentralized, peer-to-peer database
- No intermediary required
- Difference between blockchain and DLT
- Applications in energy
- Legal concerns and challenges for energy counsel
The panel will review these and other key issues:
- What is a distributed ledger, and how does it change the way transactions and information are documented?
- How can smart contract enforcement be embedded in a distributed ledger or blockchain?
- What are some of the current and proposed uses for blockchain in the energy industry?
- What legal issues arise with blockchain that are not present with more conventional formats for transacting business?
Rocky Mountain Institute
Mr. Morris leads RMI’s work with the Energy Web Foundation, a nonprofit organization dedicated to accelerating... | Read More
Mr. Morris leads RMI’s work with the Energy Web Foundation, a nonprofit organization dedicated to accelerating development and deployment of blockchain technology in the energy sector. His research, convening and consulting work focuses on understanding the fundamental economics of distributed energy resources and their ability to provide a wide variety of services to the grid through regulatory change and new business models.Close
Ms. Suda focuses her practice on regulatory compliance, enforcement and transactional matters involving electric... | Read More
Ms. Suda focuses her practice on regulatory compliance, enforcement and transactional matters involving electric utilities, electric transmission owners, independent power producers, power marketers, and public utility holding companies that are active in the electricity, capacity, and ancillary services markets in the U.S.. She also focuses on the regulatory implications of integrating distributed energy resources and energy storage into wholesale energy and capacity markets, as well as issues associated with applications of blockchain technology in the energy industry.Close