Blockchain—a distributed database technology that allows a network of parties to securely transact with each other—has been hailed as a game-changing innovation in the power sector for its potential ...
For all the publicity generated by the recent increase in value of Bitcoin, as well as the generally increasing awareness of the existence of blockchain technology, the recent Blockchain in Energy ...
The proliferation of distributed and renewable energy resources introduces significant operational challenges to the communities and houses. A research team led by Prof. Mohammad Shahidehpour and Dr.
In April 2016, the first official peer to peer (P2P) energy transaction occurred between neighbors in a residential neighborhood of Brooklyn, New York. Dubbed as the Brooklyn Microgrid, homeowners ...
At the recent Blockchain in Energy conference hosted by Greentech Media (GTM), the theme was entirely clear: the perception of blockchain in the energy industry has matured from proclaiming blockchain ...
Siemens and New York-based startup LO3 Energy have announced that they are partnering up to make the energy-sharing economy a reality through the development of microgrids that use blockchain ...
Power grid operators are perpetually walking a tightrope, trying to balance the supply of generation and the capacity to deliver it with customer needs at any given moment and location within the ...
Industrial giant Siemens is the latest corporation to make moves in the blockchain space. The company has announced it intends to use the technology to bring innovation to the energy sector and give ...
In the past year, a growing discussion has emerged around the potential of using blockchain in a broad fashion to facilitate the emerging energy economy. The idea is that blockchain could be used as a ...
Blockchain is poised to turn the promise of renewable energy tracking into a major boon for people who care about the environment, along with utility operators desperate for a competitive edge. I ...
Residents of the Park Slope area of Brooklyn are now able to sell power generated from rooftop solar panels via a microgrid enabled by a blockchain ledger that records every transaction made with a ...