ADNOC & Siemens to pilot blockchain in low-carbon energy certificates

ADNOC & Siemens to pilot blockchain in low-carbon energy certificates

Abu Dhabi National Oil Company (ADNOC) and Siemens Energy have partnered to pilot blockchain technology to certify the carbon intensity of a range of products.

By using smart sensor data gathered from across ADNOC’s operational chain, from the oil well right to the customer, the pilot will show how much CO2 was used to make products such as Murban crude, ammonia, and aviation fuels. This information will be automatically recorded onto a decentralized blockchain ledger.

Such transparency will allow independent regulators to certify the carbon intensity of products. It will also give customers greater confidence and clarity over the carbon footprint of their purchases.

Abdulmunim Saif Al Kindy

Executive Director

People, Technology & Corporate Support

ADNOC “People typically associate blockchain technology with cryptocurrencies, but the use of decentralized ledgers has significant implications for the energy industry. This pilot promises to shine a digital spotlight on our manufacturing processes. It will show the world why energy supplied by ADNOC is among the least carbon-intensive in the oil and gas industry.”

The low-carbon energy certificate initiative forms part of a broader memorandum of understanding (MoU) between ADNOC and Siemens Energy. Under the agreement, specialists from both companies will co-create technologies to accelerate decarbonization and the transition to clean energy.