U.S. officials fear Russian meddling in power supply, electoral process. A spate of articles in recent weeks has raised the alarm over Russian hacking, specifically as it pertains to the security of the U.S. power grid. Officials say hackers are shifting focus to the grid, though some maintain that mid-term elections this November will be […]
BOSTON, MA — Energy professionals, blockchain enthusiasts, and market insiders gathered on the campus of UMass Boston on Thursday, where a panel of experts moderated by Dr. Nish Sonwalkar fielded questions on the potential disruption of the energy industry by budding blockchain technologies. The University of Massachusetts Boston’s Venture Development Center is an incubator that […]
The imminence of a distributed generation explosion in the United States has utility companies preparing for the repercussions. At the Edison Electric Institute Annual Convention in San Diego earlier this month, CEOs from the country’s largest investor-owned utilities gathered to discuss the future of electric. For Duke Energy CEO and newly elected EEI Chairman Lynn […]
With two weeks remaining in the first half of 2018, funds raised through the initial coin offerings of 440 startups have eclipsed $10 billion, according to CoinSchedule. So far, the top three performing sectors have been communications, finance, and trading/investing, which account for a combined 46% of the total funds raised. Leading the pack and […]
In a major win for advocates of solar energy, the California Energy Commission updated the state’s 2019 Title 24, Part 6, Building Energy Efficiency Standards to require that rooftop solar panels be included on all residential buildings under three stories. The requirement will go into effect on January 1, 2020. According to the CEC, more […]
Right now, the way electricity is produced and disseminated is a highly centralized process. Due in part to our ever-increasing dependence on electrically-powered infrastructure, grid operators often enjoy regional monopolies on electrical generation. The centralized grid is also due to the inherent properties of electricity. The power you are consuming as you read this was […]
Blockchain-Enabled Microgrids for Utility Companies and Customers Providing electricity to an entire nation is a massive undertaking. Though the work is shared by hundreds and thousands of utility companies, increasing demands on deteriorating infrastructure inevitably test and exceed capacity limits during crucial moments. Most of us don’t often think about or appreciate the grid for […]
Ushering in a new era of energy independence with decentralized microgrids With the buzz surrounding blockchain reaching fever pitch over the past twelve months, many are rushing to catch up. Industry leaders are spending millions studying the potential applications of distributed ledgers. In every sector, entrepreneurs are hoping to spearhead the next great blockchain-enabled concept. […]
Efficiency becomes paramount as punitive policy takes effect The Trump administration’s recent sledgehammer approach to energy policy purports to be about protecting American jobs. Unfortunately, failing to situate this sentiment within any objective reality, many can only conclude that the policy is concerned less with American workers than with protecting the fossil fuel industry from […]
With the explosion of buzz surrounding blockchain ledger platforms such as Bitcoin and Ethereum, and the boom of blockchain ICOs over the past several years, there has been much discussion about the viable applications of cryptocurrency. Skeptics have described blockchain as an elegant solution in search of a problem. But as various sectors of industry […]
