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Blockchain and other DLTs hold great promise to help solve key energy challenges. The growing number of connected devices and distributed energy resources is adding further complexity to the rapidly evolving energy system. Blockchain may play an integral part in connecting consumers, electric utilities and third parties to these devices and the wider system, in a more secure, efficient, and distributed way.
With the high growth urbanization and increasing new urban population, the huge demand for infrastructures and dwellings has become a great challenge for the sustainable development in Chinese cities. The building sector shares one fourth of total energy consumption in the country and plays an important role in reducing the energy consumption and the consequential greenhouse gas (GHG) emissions. Some policies have been issued for promoting the low carbon sustainable development in China's buildings.
