1. Battery Storage Comes to the Blockchain

    Battery Storage Comes to the Blockchain

    An alliance announced in March could result in one of the most complete blockchain-based energy trading pilots to date — by adding batteries into the mix. Sonnen’s decision to join the NEMoGrid project in Europe is thought to be the first instance of a battery vendor taking part in a blockchain energy trading experiment. The project will look at the economic and technical impact of electricity trading between households within a region, said Sonnen in a press release.

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    1. The goal of energy supply must be to generate as much clean energy as possible right where it is being consumed.
    2. I expect the rationale feeds into sonnen's commitment to offering a platform for electricity trading.
    3. The ability for residential customers to sell electricity to one another is something that's discussed a lot in the electricity market in general, and more storage players are discussing and planning for how they can get in on the action.
  2. Topics Mentioned

  3. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Thermal, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences