OVO has invested in energy technology firm Electron, teasing that it is the first in a series of strategic investments.
An EDF Energy-backed community energy trading pilot is to start next month, allowing residents of a Brixton estate to trade solar energy between each other.
IT and tech giant Fujitsu has unveiled a blockchain-powered, demand side response technology designed to allow energy trading between energy consumers.
Current± talks to Mickey Steiner, managing director at innogy Israel, one of four key destinations for innogy’s Innovation Hub, about the division’s inspiration, the problems big utilities face with innovation and how start-ups are shaping the new energy paradigm.
Beyond the hype, blockchain in the energy sector is a solution looking for a problem to solve, so says Matthew Williams, founder and chief technology officer at Faraday Grid, who explores applications for blockchain.
Energy giant innogy’s International Middle East (IME) division has invested £500,000 in UK energy tech start-up Verv.
Following on from the proof-of-concept demonstration of a blockchain-powered energy web at European Utility Week last month, the Energy Web Foundation’s Andreas Hergesell and Peter Bronski explore the technical considerations surrounding blockchain applications in the energy sector, and the importance of bridging the digital and physical worlds.
Solar panels and environmental sensors have been connected wirelessly to a blockchain-powered network in a proof of concept demonstration this morning.
Electron is to develop flexibility trading platforms in Switzerland and South Korea as the energy blockchain specialist expands its smart platform technology into international markets.