Bristol pilots blockchain energy efficiency rewards scheme

Creative Commons/Bob Thomas

Bristol City Council will reward employees for behaviour that cuts energy and carbon via a blockchain-based token reward scheme.

Manchester-based Energi Mine has developed the platform, which rewards users with tokens for making energy efficient choices. This earns ‘Energi Tokens’ or ETKs, its digital currency, which can be used to claim offers from partner companies, or to donate the cash equivalent to charity.

Energi Mine has been building out its platform since raising £10.6m in February last year. So far, the company is in trials with Network Rail (via the Energy Managers Association), the ON5 group and bike sharing company Nextbike.

“The pilot to deliver rewards to our staff for being more energy efficient will undoubtedly reduce carbon emissions and save the council money on its energy bills, but we hope that some of those positive behaviours will overlap into people’s home lives and in time influence friends and relatives,” said Councillor Kye Dudd, Bristol City Council cabinet member for energy and transport.

“This behaviour change at a city-level will be key in the coming years as Bristol forges ahead on our journey to carbon neutrality.’’

Related stories:

Energy firms ‘eyeing tokenisation models’, says Energi Mine CEO

Blockchain: Energi Mine raises £10.6m

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