At the moment, the energy sector is heavily regulated and enjoys a certain lack of transparency. Furthermore, the new EU regulation states that prosumers (a consumer who also produces energy) are very important as a new way of producing and consuming energy. With new technologies, such as distributed ledger technologies, the opportunities are endless.

The continued progress of technology brings many opportunities to improve traditional industries and rethink current approaches. Innovations, such as blockchain and the internet, make energy systems more intelligent and better benefit consumers. This increasing digitalization can transform how people engage with these utilities by bringing control and transparency back to the end-user.