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.
Tech
Social Energy aiming to ‘disrupt’ energy markets with AI-powered home storage hub
Social Energy, a UK-based energy technology start-up, is intending to disrupt the energy sector with an artificial intelligence-powered platform that could slash domestic energy bills.
EDF Energy makes storage offer to homeowners in pursuit of flexible capacity
EDF Energy is seeking to build a portfolio of domestic batteries to take into energy services markets by offering discounted energy storage units to consumers via a new partnership with Powervault.
Arsenal makes UK first with behind the meter battery for wholesale trading
Arsenal football club’s Emirates Stadium has become home to what could be the first behind the meter battery of its size to be aimed at wholesale energy trading over frequency response.
Engie acquires majority stake in KiWi Power, CEO Zingher stands down
Engie has acquired a majority stake in energy and flexibility aggregator KiWi Power in a deal which has seen chief executive Yoav Zingher leave the company.
Policy ‘the biggest challenge’ to the digital energy highway
Energy regulation is moving too slowly for the market to truly take advantage of the emerging “digital highway” of electricity, Eaton’s Louis Shaffer has said.
Smart meter rollout will fall 'materially short' of 2020 deadline, NAO reports
The rollout of smart meters across the UK will come in after deadline and over budget, according to a damning report from the National Audit Office, adding yet more pressure on the government to address its strategy.
Flexibility providers needed to keep energy transition decarbonised and affordable
Energy storage, electric vehicles, demand response and interconnectors will be needed to provide the flexibility required for the energy transition to take hold by reducing the need for fossil-fuelled backup.
Smart meter rollout must be tripled to meet 2020 deadline says Which?
Large energy suppliers are ‘losing the battle’ against the 2020 deadline for the rollout of smart meters, and need to triple their efforts over the next two years, according to consumer group Which?.