National Grid Launches Distributed Energy Platform In Buffalo

Earlier this month, National Grid announced the launch of an integrated transactive energy platform in Buffalo, NY. The pilot program will integrate renewable resources from member institutions of the Buffalo Niagara Medical Campus with the local distribution grid, offering market compensation to the producers. The project, launched in coordination with BNMC and Opus One Solutions, […]

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Power2Peer Energy Blockchain Event Draws Crowd To VDC

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 […]

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Energy Industry Makes Way For Distributed Energy

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 […]

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Startups Surpass $10 Billion In 2018 ICO Fundraising

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 […]

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LO3 and Power2Peer: Points of Comparison and Distinction

Though as a concept the energy blockchain is quite young, its developers need not reinvent the wheel. Progress often involves building upon advancements made by others. LO3, with its wide publicity and impressive success, has served as one early model for younger companies like Power2Peer. Of course, progress is not just emulating, but innovating. Here […]

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Microgrids Keep Power Flowing In Puerto Rico

Just over six months after Hurricane Maria wreaked havoc on the already fragile infrastructure of Puerto Rico, microgrids are demonstrating the benefits of a decentralized energy grid. Earlier this month, a piece of construction equipment severed a power line on the island, bringing down a centralized grid servicing 1.5 million people. Amid the festering humanitarian […]

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Decentralized Energy With Blockchain Peer-to-Peer Transactions

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 […]

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