Centrica invests in Internet of Things startups and sees 4.5 GW flexibility potential in the UK
With its investment, the energy company has broadened its portfolio of ways to help customers save on energy bills. There are multiple energy companies pursuing similar goals at the moment as distributed generation and storage solutions require utilities to find new business models; not the least to avoid grid expansion costs.
EDF helps Londoners share solar power using blockchain
The CommUNITY project is being realized outside the U.K. regulatory framework, which does not permit power trading between electricity customers.
Blockchain system prepares morning croissants under a six-building self-consumption project in France
In Prémian, southern France, a blockchain project developed by Sunchain is providing six consumers with solar power and certifying transactions – which also involve local distribution system operator Enedis.
Belgium preps for energy transition with blockchain, AI and other innovations
Belgian grid operator Elia has published a vision paper explaining how it intends to link consumers’ behavior at lower voltage levels with price signals in the wholesale electricity market, thus also enabling better integration of renewables.
Korean utility develops blockchain-based micro-grid
The micro-grid will convert electricity into hydrogen by using a power-to-gas technology.
Centrica to join London blockchain trial for alternative billing
Using a blockchain-based energy trading system, the company seeks to examine ways to bill customers in the best manner for them and prosumers. In light of the potential removal of export tariffs for small scale solar in the UK, the system could provide alternative remuneration for system owners. The trial will run for six months, with the possibility of extending it to two years.
Singapore launches blockchain-based renewable energy marketplace
Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group.
Project targets nationwide tokenization of Estonian grid through blockchain
Blockchain innovator WePower and Estonian transmission system operator Elering have partnered to tokenize the Estonian grid using an Ethereum blockchain. The project is pilot, but its initiators say it could provide tangible data for bringing the technology to markets worldwide.
Japanese utility KEPCO tests blockchain technology to determine value of surplus solar power
The power supplier is cooperating with the University of Tokyo, Mitsubishi UFJ Bank and Unisys, testing how solar power can be traded between solar prosumers and electricity consumers, while conducting transactions using a blockchain platform.
Blockchain: Impediments to transformative disruption
The World Energy Council, in partnership with PwC, has interviewed 39 top level management energy leaders to find out if blockchain is driving an evolution or a revolution in the energy ecosystem.
