Bitcoin Forum
December 17, 2017, 09:58:14 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: [2017-05-29] Mint: Europe’s big utilities join blockchain energy trading trial  (Read 495 times)
Offline Offline

Activity: 1260

View Profile
May 30, 2017, 12:33:14 AM

Europe’s biggest utilities join blockchain energy trading trial

Some of Europe’s biggest utilities joined a project to test blockchain-based trades in wholesale power and natural gas markets.

Utilities from Enel SpA to RWE AG will start live trading based on blockchain in the fourth quarter, after tests that start in August, said Michael Merz, managing director at Ponton GmbH, the developer of the project. The software, called Enerchain, allows anonymous peer-to-peer trading without using a third party.

Blockchain, the technology at the heart of bitcoin, may help the energy business to adapt to a more decentralized world with intermittent solar and wind power output. The technology is being tested by utilities from Vattenfall AB to grid companies such as Tennet Holding BV in areas from consumer electricity platforms to managing the network.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Offline Offline

Activity: 12

View Profile
May 30, 2017, 01:34:11 AM

More info available here, including this:

The goal of Enerchain is to create a blockchain-driven exchange that provides energy wholesalers with a way to list and sell expected future energy generation. 

Dal Canto estimates that Ponton will deliver a prototype by this summer, and a functioning beta application by the end of the year. There are already more than 20 European traders signed up to use it, he says.
Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!