Pinsent Masons advises Wuppertaler Stadtwerke on Blockchain project

30 Nov 2017 | 12:08 pm | 1 min. read

The international law firm Pinsent Masons has advised Wuppertaler Stadtwerke (WSW) on the introduction of its first Blockchain-based trading center for green electricity.

Wuppertaler Stadtwerke (WSW) is the first German energy provider to introduce a Blockchain-based online trading center for green electricity. Green electricity producers and customers are brought together on the "Tal.Markt". The platform allows local green electricity providers to offer and market their self-generated energy where customers can buy their electricity and compile their own energy mix every fifteen minutes.  WSW, the operators of Tal.Markt, ensures that customers are supplied with electricity even when the green electricity producer is unable to supply enough electricity due to bad weather.

The Tal.Markt is based on Blockchain technology, which enables the secure completion of contracts over the internet. In addition, the blockchain technology ensures that every kilowatt hour of green electricity is only sold once to the respective customer. This is the first time that customers can independently select their electricity producer and have real proof of where the delivered electricity is produced.

Pinsent Masons advised WSW on the contract and energy law issues in relation to the implementation of diverse innovative business models and "Tal.Markt". Due to the technological complexity of the "Tal.Markt", Pinsent Masons also advised on data protection and regulatory aspects of the deal.

The Pinsent Masons team advising Wuppertaler Stadtwerke comprised: Dr. Sönke Gödeke (Partner, Energy, Corporate/Commercial, Düsseldorf, lead management), Dr. Thorsten Volz (Partner, Energy, Düsseldorf), Marc Holtorf (Partner, Intellectual Property, Munich), Sebastian Jördening, Dr. Valerian von Richthofen, Kai Paterna, Alexander Schmiegel

Latest press releases

Show me all press releases

Pinsent Masons helps secure planning consent for new landmark Holocaust Memorial

Multinational law firm Pinsent Masons has advised the Ministry of Housing, Communities and Local Government as applicant in securing planning permission for a new national Holocaust Memorial and Learning Centre to be located in central London.

Pinsent Masons launches online tool to spot future home-working related litigation for financial services firms

Multinational law firm Pinsent Masons has launched a new working-from home audit tool to help financial services organisations understand the hidden litigation and regulatory risks associated with staff increasingly working from home on a more permanent basis.

Pinsent Masons advises Seraphine Group PLC on its £150m main market IPO

Multinational law firm Pinsent Masons is advising Seraphine Group plc, an international digitally-led maternity and nursing wear, on its IPO and premium listing on the main market of the London Stock Exchange.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons unveils FY21 year end results

Multinational law firm Pinsent Masons has announced its FY21 year end results, reporting against last year’s metrics as the firm advances its strategy to become a purpose-led, professional services business with law at the core.

Pinsent Masons to cut absolute global carbon emissions by at least 50%

Multinational law firm Pinsent Masons has unveiled targets to cut absolute carbon emissions by a minimum of 50% by 2030, as it continues to reduce its environmental impact and support clients in tackling the climate crisis.

Pinsent Masons advises Bryan, Garnier & Co on Heidelberg Pharma AG’s capital increase

Multinational law firm Pinsent Masons has advised Bryan, Garnier & Co on the successful EUR 20m capital increase of Heidelberg Pharma AG.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts