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 releasesPinsent Masons makes The Times Top 50 Employers for Gender Equality 2026 list
Multinational law firm Pinsent Masons is delighted to be named by Business in the Community (BITC) as one of The Times Top 50 Employers for Gender Equality 2026, recognising that it is an organisation leading the way in creating equitable and inclusive workplaces.
Pinsent Masons advises Cosonic on the acquisition of beyerdynamic Group
Multinational law firm Pinsent Masons, together with China Commercial Lam Lee Lai (Qianhai) Law Firm (CCL), has advised Cosonic International Pte. Ltd. on the acquisition of the beyerdynamic Group. The transaction value amounts to approximately USD 150 million.
Pinsent Masons unveils enhanced employment tribunal service to address mounting claims volumes
Multinational law firm Pinsent Masons has today announced an enhanced employment tribunal proposition, Employment Tribunals Reimagined, designed to help clients manage the increasing volume of employment tribunal claims.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises Cosonic on the acquisition of beyerdynamic Group
Multinational law firm Pinsent Masons, together with China Commercial Lam Lee Lai (Qianhai) Law Firm (CCL), has advised Cosonic International Pte. Ltd. on the acquisition of the beyerdynamic Group. The transaction value amounts to approximately USD 150 million.
Pinsent Masons advises Peel Hunt on EnQuest's strategic reverse takeover
Pinsent Masons is advising Peel Hunt in its capacity of Sponsor in London Stock Exchange-listed EnQuest’s proposed $833 million acquisition of participating interests in four offshore production sharing contracts in Malaysia.
Global study from Pinsent Masons finds CCS remains dominant, but low-carbon investors looking to diversify
New research from multinational law firm Pinsent Masons shows carbon capture and storage (CCS) remains a global priority for low-carbon players, with 90% of respondents having already invested in or developed a CCS project and 78% planning to do so again in the year ahead.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]