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Blockchain: Opening doors in the energy sector

Renewable Energy World

Blockchain is most commonly known as the technology that underpins cryptocurrencies, the most well-known of which is Bitcoin. In a 2018 article, Deloitte forecasted that blockchain will serve as the ‘underlying backbone’ of the energy sector’s transactional infrastructure. What is blockchain?

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Demand response proves more profitable than Bitcoin mining in Texas

Smart Energy International

Bitcoin miner Riot Blockchain earned estimated power credits of $9.5 million for demand reduction from ERCOT in July. In its July production and operation update, Riot Blockchain, one of the largest US Bitcoin miners, reported mining 318 Bitcoins in July – a decrease of approximately 21%. Have you read?

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New Hampshire statewide blockchain energy plan recommended

Smart Energy International

A commission on cryptocurrencies and digital assets has called for a legal regime to establish New Hampshire, United States, as a leading blockchain and crypto mining jurisdiction.

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Accelerating energy transition by forming virtual power plants on blockchain

Renewable Energy World

Indeed, technological advances such as Blockchain technology are key enablers to form VPPs and facilitate the orchestration of a diverse set of DER assets. The number of installed DER is expected to provide up to 45 percent of Australia’s electricity generation capacity by 2050. Increase in DER integration.

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Energy blockchain startup FlexiDAO secures Google and Microsoft backing

Smart Energy International

FlexiDAO, a Spanish-Dutch startup, is a renewables matching and certification platform built on the blockchain for 24/7 electricity and carbon tracking. First blockchain platform for green hydrogen tracking developed Blockchain in Europe’s energy sector – policy and regulation. Have you read?

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Blockchain 24/7 carbon-free energy traceability for corporates

Smart Energy International

European blockchain start-up FlexiDAO’s energy traceability solution is to be offered in conjunction with Altenex Energy’s Insights. Blockchain renewables certification scheme launched in Uruguay Blockchain energy consumption should be transparent in Europe – a call. Have you read? Sign up to our newsletter and stay informed.

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The Blockchain Opportunity at the Heart of the Flexible Grid

GreenTechMedia

When blockchain arrived on the energy scene three years ago, much of the discussion went straight to disruption and disintermediation. Still, progress has been slow and driven almost entirely by startups that either have limited funding or the ability to willfully ignore the range of regulations surrounding electricity markets.