A smart local flexible energy market trial dubbed the Urban Energy Club has started offering simulated flexibility services after the installation of a new battery.
Peer-to-peer trading could enable those with distributed energy resources (DERs) to earn up to 37% more for their electricity, according to LO3 Energy.
Toyota is to conduct the ‘world's first’ peer-to-peer (P2P) energy trading pilot to include EVs as a power supply, alongside The University of Tokyo and TRENDE.
Solar panels and environmental sensors have been connected wirelessly to a blockchain-powered network in a proof of concept demonstration this morning.
Local energy marketplaces and their interaction with existing licensing regimes have proven a particular area of interest within Ofgem’s regulatory sandbox initiative, with BP and British Gas named amongst its new participants.