The blockchain in energy market accounted for the market size of USD 5.1 Billion in 2025 and is expected to hit USD 154.7 Billion by 2035, growing at a CAGR of 40.9% from 2026 to 2035.

The blockchain in energy technology has gained popularity in the energy sector as it aids in securing transactions for the users. Factors including rapid transactions, reduced overall cost of ownership, and high compatibility with the energy industry ecosystem, are further projected to contribute to the growth of the market over the forecast period. The integration of the technology in the energy sector helps businesses in tracking failure in the power grid applications efficiently and communicate it to the organizations effectively.
The increasing rate of digitization in energy infrastructure and the growing deployment of smart meters across the world is boosting the demand for blockchain in energy. In addition, the uptake of renewable sources of energy driven by the privatization in energy industry and the increasing government initiatives for the conservation of electricity also supports the implementation of blockchain technology in energy management. These technologies enable greater grid stability, and efficient tracking of energy for mass integration of the solution.
The blockchain in energy market is projected to rapidly evolve with the steady growth of safe transaction points and decentralized energy infrastructure. As per the International Energy Agency, the electricity demand is estimated at a growth rate of 3.3% per annum in 2025 and of 3.7% in 2026, an alleviation from 4.4% in 2024. Blockchain is expected to facilitate the integration of renewable energy sources. This is one of its many benefits in effectively handling distributed resources, thereby leading to exceptional market growth.
The growing support from government programs is propelling the increasing implementation of applied blockchain in the energy sector. This is catalyzing technological innovation and providing regulatory certainty. Governments across the world are investing in the technology to improve their transparency and energy security.
Additionally, technological innovations in smart grid is projected to fuel the adoption of blockchain by enabling real-time management of energy management with the help of secure and automatic means. Smart grids necessitate proper supply and demand synchronization, and blockchain smart contracts are able to offer a robust platform for real-time trades of energy. For instance, the Siemen and LO3 Energy’s Brooklyn Microgrid Project deploys blockchain for enabling P2P energy transactions and facilitates over 30,000 transactions along with a grid efficiency improvement of 20% and a 30% saving in transaction costs.
Technological Advancements Fuel the Blockchain in Energy Market Value
The increasing integration of blockchain technology with IoT devices that are implanted into energy grids is projected to augment automation for reliable and feasible power management. This is expected to spur smart grid operations with the help of secure surveillance and automated transactions. In January 2025, Powerledger's TraceX solution, a blockchain-driven Renewable Energy Certificate (REC) marketspace, traded around 1.2 million RECs. This enabled consumers to complete their applications in over 30 minutes and save around 72% on administrative costs.
Adoption of Carbon Offsets and Sustainability Policies is Augmenting the Blockchain in Energy Market Revenue
The blockchain technology is becoming progressively crucial in offering carbon offsets in the energy sector, which also helps implement other policies on sustainability. The exceptional ability of blockchain to offer safeguarded verification and tracking of carbon credit for tempering emissions has brought in immense popularity to the offsets sector. Enel, for instance, manages around 49 GW of renewable capacity. The company operates in over 27 countries with about 61 million users, and serves approximately 1.8 million km of grid network, deploying blockchain for tracking energy from renewable sources of energy and managing EV charging systems.
Increasing Usage in Cross-border Trading Offers Significant Blockchain in Energy Market Opportunity
The growing usage of blockchain technology in cross-border energy trading is projected to make sharing renewable resources possible across the global energy markets. With countries partnering to balance the supply and demand of energy, blockchain enables open, safe, and international transactions, limiting costs and barriers.
The global market for blockchain in energy has been segmented into type, application, end use and region.
In terms of blockchain in energy market analysis, North America leads the market. The increasing need for decentralized energy technologies in the North America region is expected to augment the deployment of blockchain solutions. This is attributable to the increasing need for well-organized and efficient trading platforms for energy.
In December 2024, UrbanChain announced an investment of over USD 62 million in Series B funding for enhancing its blockchain-driven local communities of energy. The company handles over 150 GWh of power and possesses a pipeline of approximately 1.2 TWh. This funding is projected to support its development into new markets and the augmentation of its artificial intelligence and blockchain capabilities.

Many companies are expanding their blockchain presence in the energy arena by embedding it within energy software and services. In June 2024, Oracle announced its sales of over USD 52.9 billion and R&D spending of around USD 8.9 billion for the fiscal year 2024. Oracle’s solar credit tokenization is one among its blockchain technology efforts that illustrates its impact in the energy industry. IBM is boosting its presence in the blockchain in energy market with platforms for increasing energy trading and integrating renewable sources of energy. In 2024, IBM recorded a revenue of over USD 62.7 billion and EBITDA of approximately USD 15.5 billion that was reported January 2025. Further, the company invested USD 6.9 billion in R&D efforts.
The blockchain in energy industry in Asia-Pacific is growing rapidly. The Asia-Pacific market is witnessing increasing urbanization and growth in state-funded renewable energy drives. The growing consumption of energy is projected to boost industrial opportunities. Furthermore, the integration of blockchain into smart energy infrastructure and microgrids investment is expected to witness robust growth in China, Singapore, and Japan among other countries.
Blockchain in energy companies profiled in the report include IBM, SAP, Infosys Limited, Accenture, Greeneum, Kaleido, LO3 Energy, Sun Exchange, Power Ledger, and Electron.
| Parameter | Details |
| Size in 2025 | USD 5.1 Billion |
| Forecast by 2035 | USD 154.7 Billion |
| CAGR During 2026 – 2035 | 40.9% |
| Largest Type Segment (% Share 2025) | Public |
| Largest Region Size (2025) | North America - USD 1.7 Billion |
| Fastest Growing Region (% CAGR) | Asia-Pacific– 42.3% |
| Key Players Covered | IBM, SAP, Infosys Limited, Accenture, Greeneum, Kaleido, LO3 Energy, Sun Exchange, Power Ledger, and Electron. |
Contact:
Mr. Richard Johnson
Acumen Research and Consulting
India: +91 8983225533