Air products and ENGIE launch innovative partnership Blockchain technology to certify the traceability of green electricity

ENGIE and AIR PRODUCTS have signed a contract that will allow AIR PRODUCTS to maximize, trace and certify the green energy used in its manufacturing process, using blockchain technology.

This contract represents a double revolution in customer-supplier relationships, giving AIR PRODUCTS access to its own daily green certification system, but also ensuring it can associate relevant certification to its clients.

Air products and ENGIE launch innovative partnership Blockchain technology to certify the traceability of green electricityThis step-out green electricity supply contract has established AIR PRODUCTS and ENGIE as pioneers in the certification of "green" industrial products in France – all thanks to the traceability offered by the blockchain protocol.

In practice, ENGIE will link the production of a wind farm in the Aveyron area and two hydroelectric plants of SHEM (in Eget, Hautes-Pyrénées and Marèges, Corrèze) to the AIR PRODUCTS’ point of consumption at the Saint-Quentin Fallavier, Isère plant. Blockchain technology will ensure day-to-day tamper-proof energy certification as well as information on how the amount of renewable energy injected into the grid correlates with electricity consumption at the plant.

ENGIE will equip AIR PRODUCTS with a private web interface allowing it to directly view the production of identified renewable assets and access its own certificates registered in the blockchain.

AIR PRODUCTS can then associate its green energy certificates to the products delivered to its customers. Its customers can then use this data for their own Corporate Social Responsibility review.

"Certification by blockchain technology gives ENGIE the opportunity to transform its customer-supplier relationship. We not only provide green electricity, we support our customers in their energy transition" said Edouard Neviaski, CEO of ENGIE's Global Energy Management Business Unit, which manages the Group's activities on energy markets."With this type of contract, our ambition is two-fold: to improve the monitoring of green energy consumption by our customers and to enable our customers to be involved in their traceability to the final consumer".

With this traceable green energy system, we can better support them in their sustainable development approach, just as we’re already doing with our logistics strategy, aiming to be more respectful of the environment

Kurt Lefevere, Vice President Northern Continent Industrial Gases Europe at AIR PRODUCTS.

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