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Thursday, November 27, 2025

How blockchain can address Austria’s energy crisis - Cointelegraph

Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong.
Supply lines around these energy sources are further vulnerable to geopolitical tensions. Due to the current sanctions against Russia, experts now expect rising electricity prices and negative effects on the energy market in Europe.
The Austrian government understands the urgent need for the energy transition and has set the ambitious goal of being climate neutral by 2040. Alternative solutions to fossil energy have been slow to emerge and, for the most part, are not yet efficient enough on a large scale. But there are promising approaches — especially in the form of decentralized renewable energies or blockchain technology in peer-to-peer (P2P) energy trading.
There are already pilot projects in Austria dealing with P2P trading on the energy market. At the forefront are blockchain scale-up...



Read Full Story: https://cointelegraph.com/news/how-blockchain-can-address-austria-s-energy-cr...

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