Blockchain

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.

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.

The micro-grid will convert electricity into hydrogen by using a power-to-gas technology.

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.

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.

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.

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.

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.

There are a number of reasons to be bullish on electric vehicles. Government support is growing, battery prices are falling, and the technology is constantly developing. But, for the prospect of owning an electric car to become even more attractive, existing EV charging infrastructure needs to be enhanced. This is where blockchain comes in.

The technology is said to use blockchain’s properties of providing secure real-time and fully transparent data. The company says that ensuring renewable energy certificates is becoming increasingly important. This is the first step towards a more comprehensive platform that seeks to cover renewable energy assets from other energy companies as well.