Page 61 - European Energy Innovation - spring 2018 publication
P. 61
Spring 2018 European Energy Innovation 61
BLOCKCHAIN TECHNOLOGY
Victoria Milne, Brooklyn microgrid prosumer, on her rooftop with her solar PV system (Photo LO3)
energy choices by facilitating the challenges in decentralized power blockchain based transaction platform
buying, selling and consuming of grids and to enable transactive energy for smart chargers.
community energy” says Melanie systems" says Stefan Jessenberger,
Adamson of lo3Energy. And further, Innovation & Partner Manager, The “Share & Charge” platform is
“This means the ability for distributed Microgrids & Renewable Integration targeting private charging providers.
energy resources, such as batteries, at Siemens. "That's why we at Siemens Owners of provide charging stations
smart devices, or generators, to are investing own R&D capacities into can share their infrastructure with
participate in a marketplace where it blockchain technology and we are other electronic vehicle users. Their
is the user's preferences that make cooperating with start-ups worldwide power consumption will be charged
decisions, not any central entity”. LO3 to find the best benefits in energy by the platform and rewarded to
is no longer limiting its activities on US sector." the private charging provider. The
market. payment transaction is processed by
BLOCKCHAIN BASED SMART its own Etherium Blockchain based
The startup has gained remarkable CONTRACTING FOR ELECTRO crypto currency. Consumers can load
worldwide support and partnerships MOBILITY the coins on mobile Wallet App and
with industrial enterprises. In Electro mobility is facing two big charged energy is billed from the
November 2016 Siemens digital challenges. First to provide reliable charging unit. As a service provider,
grid unit announced to support charging infrastructure and second the “Share & Charge” platform
LO3. Siemens has early identified to establish low costs payment for retains 15% service fees. The service
blockchain as one future core all stakeholder’s transaction, starting has started in May 2017 with 1.100
technology. "Blockchain is a new from energy supplier, mobility charging station provided by Innogy
topic. I see a high potential for provider towards customer. Innogy but the joint venture is targeting more
distributed ledger and smart the subsidiary of RWE and the startup than 45.000 private charging station
contract technologies to solve future Slock.it announced to establish a operators. The solution is now also
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