BP, Shell lead plan for blockchain-based platform for energy trading (Reuters) – A consortium including energy companies BP and Royal Dutch Shell will develop a blockchain-based digital platform for energy commodities trading expected to start by end-2018, the group said on Monday. Other members of the consortium include Norwegian oil firm Statoil, trading houses Gunvor, … Continue reading #BP, #Shell lead plan for blockchain – based platform for energy trading
How Blockchain Could Give Us a Smarter Energy Grid On an electricity grid, electrons generated from the sun, wind, or other renewable sources are indistinguishable from those generated by fossil fuels. To keep track of how much clean energy is produced, governments around the world have created systems based on tradable certificates. Problem is, the … Continue reading How Blockchain Could Give Us a Smarter Energy Grid
No More Nuclear: Japan’s Biggest Utility Turns to Blockchain in Power Pivot The Tokyo Electric Power Company (TEPCO) is no stranger to the risks of over-centralized energy sources. Perhaps best known for the nuclear meltdown of its Fukushima Daiichi power plant in 2011, the largest energy utility in Japan is now looking to blockchain in … Continue reading No More Nuclear: Japan’s Biggest Utility Turns to Blockchain in Power Pivot
A Guide to Blockchain and Energy Over the last 18 months, blockchain has evolved from an obscure concept in cryptocurrency circles into a mainstream corporate tool for “disrupting” entire industries. If you don’t have a blockchain strategy, you are not innovating hard enough. People love throwing around the term. But wait, what is it again? … Continue reading A Guide to Blockchain and Energy
Is blockchain about to disrupt the electricity sector? While EU lawmakers are picking over proposals intended to drag Europe’s electricity sector into a 21st century dominated by intermittent renewable power and decentralised generation, others are already contemplating ways in which new digital technologies might shake things up even more. The buzziest such technology is blockchain, … Continue reading Is blockchain about to disrupt the electricity sector?
Blockchain Technology Fuels Global Advancements in the Energy Sector As moonshot projects in the distributed world abound, it’s not surprising to see the energy sector jumping into the fray. This comes as the heavily regulated power industry eyeballs new approaches for allowing consumers to generate and sell electricity in various locales worldwide. It’s here that … Continue reading Blockchain Technology Fuels Global Advancements in the #Energy_Sector
Will Energy Offer the Next Market for Blockchain? Electric devices that operate at what is sometimes known as the edge of the power grid—devices that range from electric vehicles to rooftop solar arrays—could help upend the utility business model and further decentralize energy production. Helping in that process is a tool more familiar to accounting … Continue reading Will Energy Offer the Next Market for Blockchain?
Blockchain and batteries will assist German grid operator in integrating renewables A “first of its kind” collaboration between energy storage provider Sonnen and transmission system operator TenneT will integrate solar and batteries into energy networks in Germany using blockchain technology. TenneT, headquartered in the Netherlands and responsible for the Dutch high voltage grid and interconnections … Continue reading Blockchain and batteries will assist German grid operator in integrating renewables
Austrian Utility Giant Trials Blockchain Energy Trading Wien Energie, Austria’s largest utility conglomerate, is taking part in a new blockchain trial focused on energy trading. The conglomerate is working with Vancouver-based BTL Group, as well as EY’s Austrian outfit, on the project. The firm, according to its website, provides power to more than two million … Continue reading Austrian Utility Giant Trials Blockchain Energy Trading
The blockchain ‘s emerging role in sustainability Picture, if you will, a tracking system that discreetly verifies the provenance of products as they move across a supply chain — sending proactive alerts about unexpected detours that could signal potential tampering or environmental conditions that might pose safety issues. Did we mention that it’s virtually tamperproof? … Continue reading The blockchain ‘s emerging role in sustainability