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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. Increase in DER integration.

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Technology Trending: substations, broadband, battery IDs and smart homes

Smart Energy International

Dubai substations, broadband in Germany, a proposed battery identification standard and the forthcoming Matter standard are under the technology radar in this week’s Technology Trending. Smart Energy Finances Weekly: Asian stakes and the race to net zero. Smart Energy Finances Weekly: Asian stakes and the race to net zero.

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First carbon neutral apartment building coming on blockchain

Smart Energy International

Australian blockchain pioneer Powerledger’s Montreal Commons project is set to be one of the world’s first carbon neutral apartment buildings. During times of peak demand they can then buy back electricity from the on-site battery at an agreed price. Sign up to our newsletter and stay informed.

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Indian blockchain startup Voltreum – new kid on the P2P block

Smart Energy International

Pune, India-based Voltreum is set to launch its Volt-X blockchain-based peer-to-peer energy trading application. The company, which has been in development over the past year, has stated its goal as addressing “two of the most critical problems affecting humankind – increasing energy demand and climate change”.

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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.

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As Renewables Surge, Australia Ponders Options for Demand Response Market

GreenTechMedia

Australian energy chiefs have welcomed the release today of two reports setting out options for the country’s future electricity market makeup. One of the big questions is around demand response, and who will oversee a market that has only started emerging in Australia. Centralized or decentralized control?

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Crypto Sustainability Coalition launched

Smart Energy International

The Crypto Sustainability Coalition has been launched by the World Economic Forum to investigate web3 technology support for climate change. Crypto mining and data centres – the green challenge How the energy industry can take the lead on making the digital world more sustainable. Crypto impacts in US.