blockchain

Our ability to generate renewable energy is scaling up fast, and solutions to integrate that energy will rely on technologies like blockchain to help keep new solutions on track. Power Ledger’s executive chairman and co-founder, Dr Jemma Green, looks at the role blockchain plays within her company’s platform to integrate and automate solar energy trading and balancing

Tokyo’s main power company is using blockchain distributed ledger technology to assess how customers on its new renewable energy tariffs could use solar, batteries and electric vehicles to trade energy via the grid.

Inverter manufacturer ABB has launched a blockchain pilot to examine how the technology could boost the role of solar in peer-to-peer energy trading and smart grids.

Major Singapore utility SP Group has launched a blockchain-powered renewable energy certificate (REC) marketplace, which is amongst the first of its kind worldwide.

Clean-energy incentive company Swytch has announced a partnership with Chuncheon, the capital of Gangwon Province in South Korea, to spur economic growth and sustainability efforts while cutting down carbon emissions within the city.

Acwa Power has contracted China’s Chint Group to provide EPC services for three solar PV plants totalling 165.5MW at the Benban Solar Park in Aswan, Egypt.

At present, power utilities are designing and testing several applications of the blockchain technology. The crypto-currency called “SolarCoin” aims at accelerating the solar PV energy production. Florent Andrillon, Arthur Arrighi de Casanova and Louise de Brémond d’Ars of Capgemini Consulting take a look at how it works.

Australia’s Renewable Energy Agency (ARENA) is backing the trialing of a new blockchain technology that could enable households and businesses to trade or share power with each other.