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Spain’s El Corte Inglés using EDP blockchain for renewable energy

el corte ingles
Yesterday, Spanish department store chain El Corte Inglés said it is working with utility company EDP Group to use a blockchain solution for tracking renewable energy consumption. The traceability solution will be used to validate the origin of electricity from EDP’s wind farms in Spain powering El Corte Inglés’ stores in Malaga, Seville and Madrid in Field of Nations. The initiative is being spearheaded by EDP Renováveis (EDPR), the Spanish subsidiary of Portugal’s EDP Group and the fourth-largest generator of wind energy in the world. Spain was the world’s fifth-biggest producer of wind power in 2015, which accounts for about 19% of the total electricity production in the country, according to the Spanish Wind Energy Association and Reve.

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