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blockchain


Report: Blockchain Not Well-Suited to Transactive Energy

Blockchain—a distributed database technology that allows a network of parties to securely transact with each other—has been hailed as a game-changing innovation in the power sector for its potential to…


How the DOE Plans to Modernize the Grid in the Near Term

Twenty-three projects chosen by the Department of Energy (DOE) in response to its 2019 Grid Modernization Lab Call provide a broad look at the critical issues that are roiling the…


Blockchain Pilot Shows Promise for Grid Balancing

A blockchain pilot wrapped up by European transmission operator TenneT and storage solutions provider sonnen Group this May showed “tremendous potential” when used to network decentralized home storage batteries and…


Blockchain Technology Will Transform the Power Industry

What began in the world of finance has moved into the power sector. Blockchain, a nascent technology most often associated with cryptocurrency, is a new frontier in the energy space,…


Blockchain-Enabled VPP Planned for South Korea

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan…