Slow down on using Blockchain for clean energy trades

Share this content

March 29, 2018

In an op-ed published by Columbia University Law School’s Climate Law Blog, UT Prof. David Spence urges caution in evaluating the use of blockchain, the electronic registry used to trade bitcoin, to exchange clean energy over P2P trading networks. Spence, who teaches courses in law, politics and regulation in the university’s McCombs School of Business and School of Law, argues blockchain is unnecessarily expensive as a path to de-carbonization of the electric grid, and could create more problems than it solves. Read more here.

News tags:
Spence Commentary