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A Blockchain-Enabled Smart Meter for Clean Power Trading?

GreenTechMedia

Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.

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Accelerating energy transition by forming virtual power plants on blockchain

Renewable Energy World

Influenced by the increasing penetration of “behind-the-meter” distributed energy resources (DER), power systems are experiencing a paradigm shift from a centralized structure to a decentralized one. million rooftop solar power systems installed in total, as of 31 December 2020. Mohsen Khorasany , TYMLEZ.

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Northern Ireland Water expands AI asset monitoring programme

Smart Energy International

Samotics, an asset health monitoring technology firm, has expanded deployment of its AI-driven SAM4 system across Northern Ireland Water’s submerged assets to support the delivery of a more cost efficient and sustainable service. SAM4 detected a developing fault in this submerged wastewater pump.

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Blockchain demonstrated for smart grid cybersecurity

Smart Energy International

Blockchain has been demonstrated to validate communication among devices on the smart grid and thereby enhance its resiliency. Such activities could trigger cascading power outages as breakers are tripped by protection devices. Cyber monitoring of the grid can involve the processing of significant volumes of data. Have you read?

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Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar.

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Ed’s note: Smart meters – still a cornerstone of utility operations

Smart Energy International

Anyone working in the energy sector knows by now that it is undergoing an unprecedented and rapid change, requiring the introduction of many new and previously unknown technologies. But still meters – in many cases now, smart meters – remain the main ‘connection’ with customers and thus the cornerstone of a utility’s operations.

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Technology Trending: What to look out for in 2024

Smart Energy International

Decentralisation, blockchain and AI, the future grid and the space race are some of the areas in which numerous advances have been made in 2023 and are set to continue during 2024. Over the course of 2023 – and indeed since its start in mid-2022 – this column has not been short of possible new and future technology content to feature.