Residents of the Park Slope area of Brooklyn are now able to sell power generated from rooftop solar panels via a microgrid enabled by a blockchain ledger that records every transaction made with a ...
Siemens and the New York startup LO3 Energy are working to jointly develop microgrids that enable local energy trading based on blockchain technology. Siemens is involving its next47 unit, which was ...
The proliferation of distributed and renewable energy resources introduces significant operational challenges to the communities and houses. A research team led by Prof. Mohammad Shahidehpour and Dr.
Blockchain will play a pivotal role in helping the value of the global microgrid market hit $30 billion by 2022, according to a power analyst. “As the global microgrid market liberalises and renewable ...
Although blockchain was originally invented to serve as the public transaction ledger for Bitcoin, the revolutionary technology’s potential functions reach far beyond the world of cryptocurrencies.
Siemens and New York-based startup LO3 Energy have announced that they are partnering up to make the energy-sharing economy a reality through the development of microgrids that use blockchain ...
No one enjoys paying their electricity bill. It keeps going up and up, with a bunch of new nonsense fees thrown on top every few years. What’s worse is that many parts of the world still rely on dirty ...
Renewable energy and blockchain are two technologies that are worth betting on. The former is considered to be the most effective way to combat the world’s climate problem. The latter is a promising ...
A revolution in energy generation is happening. The days when millions of people’s electricity needs were met by a handful of large coal, nuclear and gas-fired power stations are waning. People are ...
It’s undeniable that humanity’s dependence on fossil fuels needs to change if we are going to mitigate the disastrous impact of climate change. One of the best alternative energy sources is solar ...