EDF Energy has completed a 2MW trade of a Capacity Market obligation (CMO) with UK Power Reserve (UKPR) utilising a digital trading platform underpinned by blockchain technology.
Centrica has powered up its local energy marketplace (LEM) trial in Cornwall, adding blockchain capabilities with the help of LO3 Energy.
Verv has completed the UK’s first energy trade using blockchain technology as part of regulator Ofgem’s Sandbox initiative to test innovative services and business models not possible under current regulation.
Case study: Blockchain technology is being put to the test in northern Europe, writes Jean-Baptiste Cornefert of sonnen.
Electron wants to create more alignment in the UK power sector, which it said is much needed if energy and flexibility trading is to realise its full potential.
A consortium of companies from the energy, flexibility, technology and engineering worlds has been formed in a bid to bring a flexibility trading platform to market.
Tokyo Electric Power Company (Tepco) has confirmed it has invested into UK-based blockchain start-up Electron.
Siemens has become the latest energy and engineering giant to throw its weight behind energy tech start-up and blockchain specialist LO3 Energy.
Digitalisation in solar and across the wider European energy market could create “vast” market opportunities and entirely new business models, a new report has found.