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.
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.
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.