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  • February 21, 2019
You are here: Home / DSR / Former Npower chief Paul Massara takes reins at blockchain firm Electron

Former Npower chief Paul Massara takes reins at blockchain firm Electron

April 20, 2018 By Brendan Coyne Leave a Comment

Paul Massara is to take the CEO role at energy blockchain firm Electron.

The former Npower chief executive joined Electron as a non-executive director last year.

Founder and current CEO Paul Ellis will become company chairman.

Electron has been expanding its team after securing both public and private funding, and this week announced further investment from Systemiq, an investment and advisory firm that invests in potentially disruptive companies (it also recently invested in Upside Energy).

Electron believes its blockchain platform could provide a more efficient way of managing the energy system, and is working to develop an energy flexibility trading platform.

Partners in that project include: Baringa, EDF Energy, Flexitricity, KiWi Power, Northern Powergrid, Open Energi, Shell, Statkraft and UK Power Networks, as well as Siemens and National Grid.

Related stories:

Coalition of energy firms join blockchain flex trading platform project

Japan’s biggest utility invests in blockchain firm Electron

Blockchain – not the definitive article

Utilitywise strategy chief Jon Ferris joins Electron

Electron wins £640k to scale blockchain DSR trading platform

Former Npower chief joins blockchain firm Electron

Can blockchain unlock demand-side response?

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Filed Under: DSR

About The Author

Contributing editor at Energyst Media, Brendan is keenly interested in demand-side response, battery storage and smart grid technologies.

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