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A 50% renewable-energy smart-grid solution for the UK

July 14, 2017 - A 50% renewable-energy supply, which is both profitable and secure, is possible for the UK’s electricity grid by just 2030 according to a new study. The researchers developed a plan for adapting and operating the UK’s electricity grid, designed to be flexibly controlled through smart-grid technology and to overcome uncertainties in renewable-energy supply and demand. Read more...

 
Could a blockchain-based electricity network change the energy market?

July 13, 2017 - Blockchain-enabled energy trading could help lower carbon emissions but efficiency and privacy issues must first be overcome. As an example, just a single bitcoin transaction has been calculated to devour as much energy as what powers 1.57 US households for a day – roughly 5,000 times more energy-hungry than a typical credit card payment. Read more...

Credit: Infocux Technologies on Flickr, Creative Commons

 
German-Japanese partnership aims for peer-to-peer energy trading hub

July 11, 2017 - Tokyo Electric Power Company Holdings or (TEPCO) has closed a EUR3 million investment in Conjoule GmbH, a start-up developing peer-to-peer energy markets enabled by blockchain technology.

Conjoule is developing a peer-to-peer marketplace for producers and consumers of renewable energy, as well as owners of batteries and other sources of flexibility, to transact with each other without the need for traditional intermediaries. The platform which allows residential prosumers with solar photovoltaic energy installed on their homes to sell excess electricity to local consumers is currently being piloted in two German cities. Read more...

 
ADE report shows UK missing a trick on combined heat and power

July 10, 2017 - The UK government’s Capacity Market is undermining the UK’s Industrial Strategy, resulting in hundreds of millions in extra costs to decarbonise the energy system, a new report by the Association for Decentralised Energy (ADE) has found.

The government’s flagship scheme to secure Britain’s electricity supplies risks missing out on savings of £750m a year by ignoring combined heat and power technology, according to the report. Read more...