British energy technology firm pioneering peer-to-peer energy trading is paving the way for energy customers to buy and sell electricity in local market clusters through a major deal with one of the Netherlands largest energy suppliers. Open Utility’s deal with Essent will use a digital framework to create micro energy markets in which its customers can buy locally produced renewable energy in half-hour periods without the complicated, long-term corporate supply deals favoured by major corporations such as Apple, Google and Ikea. A local hotel, for example, could boost its green credentials by setting its supply algorithm to buy electricity from a local solar farm whenever it has extra power.
Telegraph 17th Sept 2017 read more »