Energy solutions firm Centrica has launched new trials to examine how blockchain technology can assist with multi-party peer-to-peer energy trading for 200 businesses and residential participants in Cornwall.
Edie 30th April 2018 read more »
Understanding energy blockchain opportunities, risks and value streams.
Renew Economy 1st May 2018 read more »
What is interesting to me as a researcher is whether blockchain can improve the valuing of energy efficiency. It has always been very difficult to properly value distributed energy resources (DERs) like energy savings because much of the value accrues to a grid system or a community, not just the DER owner. It is also technologically challenging to determine and communicate that value. Can blockchain be used to exchange negawatt hours (energy savings) of power in the same way the Brooklyn Microgrid pilot project is using it to exchange kilowatt hours of renewable energy? In this Brooklyn project, neighbors can purchase power generated by their neighbors’ solar panels. Blockchain enables this peer-to-peer, or more precisely, neighbor-to-neighbor exchange.
ACEEE 30th April 2018 read more »