Blockchain in Energy Market to Reach $691.2 Million by 2035

Blockchain in energy market was valued at $183.0 million in 2025 and is projected to reach $691.2 million by 2035, growing at a CAGR of 14.3% during the forecast period (2026-2035). The accelerating build-out of renewable electricity capacity is creating a strong requirement for trusted digital systems that can verify generation source, ownership transfer, renewable certificates, and carbon claims, which directly supports demand in the blockchain in energy market. According to the International Energy Agency, renewable power capacity is projected to increase by almost 4,600 GW between 2025 and 2030, representing nearly double the additions recorded in the previous five-year period. Solar PV alone is expected to account for almost 80% of total renewable capacity expansion, highlighting the scale of new distributed assets entering power systems. International Renewable Energy Agency also reported that global renewable power capacity reached 5,149 GW in 2025, following annual additions of 692 GW, equivalent to 15.5% year-on-year growth. As renewable assets expand across utilities, corporates, and prosumers, the need for immutable transaction records and automated certificate settlement is rising materially. This trend is increasing adoption of blockchain platforms for guarantees of origin, renewable energy certificate management, and decentralized trading ecosystems.

Browse the full report description of “Blockchain in Energy Market Size, Share & Trends Analysis Report by Blockchain Type (Public, Private, and Consortium/Other), by Deployment Mode (Cloud-Based, On-Premises, and Hybrid), by End User (Utilities, Independent Power Producers (IPPs), Oil & Gas Companies, Grid Operators, Renewable Energy Developers, EV Charging Network Operators, Commercial & Industrial Consumers, and Others), Forecast Period 2026–2035” at https://www.omrglobal.com/industry-reports/blockchain-in-energy-market

Large-scale renewable deployment is also increasing transaction complexity across multiple market participants, including grid operators, independent power producers, corporate offtakers, and charging network operators. Traditional reconciliation systems often involve delayed verification, fragmented data trails, and manual reporting, particularly in cross-border or multi-party energy contracts. Blockchain architecture helps address these inefficiencies through timestamped ledgers, smart contracts, and auditable data exchange. The International Energy Agency stated that renewables are set to surpass coal as the largest electricity source during the current growth cycle, indicating a structural shift in power markets. As energy buyers place greater emphasis on traceable clean power procurement and emissions disclosures, demand for blockchain-enabled certificate registries and settlement platforms is expected to strengthen. This dynamic is particularly relevant for market estimation, as monetized revenues are increasingly tied to subscription platforms, transaction fees, and enterprise software licenses linked to renewable energy management.

Innovation Leaders Transforming the Blockchain in Energy Market

The key players in the blockchain in energy market include Power Ledger Pty Ltd, Energy Web Foundation, Microsoft Corporation, Oracle Corporation, IBM Corporation, among others.

• In April 2026, Unicorn Incubator and Blockchain for impact signed a MoU during the India-Korea business forum in New Delhi to accelerate the entry of South Korean healthcare technologies into India. The partnership focuses on commercializing advanced solutions such as AI-driven diagnostics, robotic medical devices, and biomedical technologies by combining Korean R&D access with India-focused deployment capabilities.

• In October 2023, Powerledger committed to the UN Energy Compact, pledging to support 24/7 carbon-free energy through its energy-efficient blockchain platform. As a founding signatory, the company targets 100% carbon-neutral product operations by 2025, delivery of a public low-energy blockchain for modernized energy systems by 2024, and expansion of peer-to-peer energy trading networks to more than three million prosumers by 2030.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  • By Blockchain Type
  • By Deployment Mode
  • By End User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape - Power Ledger Pty Ltd, Energy Web Foundation, Microsoft Corporation, Oracle Corporation, IBM Corporation, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Blockchain in Energy Market Report Segment

By Blockchain Type

• Public
• Private

By Deployment Mode

• Cloud-Based
• On-Premises
• Hybrid

By End User

• Utilities
• Independent Power Producers (IPPs)
• Oil & Gas Companies
• Grid Operators
• Renewable Energy Developers
• EV Charging Network Operators
• Commercial & Industrial Consumers
• Others

Global Blockchain in Energy Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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