Case study: Blockchain technology is being put to the test in northern Europe, writes Jean-Baptiste Cornefert of sonnen.
Electron wants to create more alignment in the UK power sector, which it said is much needed if energy and flexibility trading is to realise its full potential.
A consortium of companies from the energy, flexibility, technology and engineering worlds has been formed in a bid to bring a flexibility trading platform to market.
Tokyo Electric Power Company (Tepco) has confirmed it has invested into UK-based blockchain start-up Electron.
Siemens has become the latest energy and engineering giant to throw its weight behind energy tech start-up and blockchain specialist LO3 Energy.
Digitalisation in solar and across the wider European energy market could create “vast” market opportunities and entirely new business models, a new report has found.
LO3 Energy has launched what it has labelled as a patented blockchain software and transaction system.
Verv has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney.
Blockchain has received the backing of a powerful coalition of energy companies and trading houses who have announced plans to create and invest in a new venture develop a blockchain-based digital platform for energy commodities trading.
Centrica has thrown its weight behind New York-based start-up LO3 Energy, which specialises in blockchain solutions for the energy market.
Ofgem chief executive Dermot Nolan has warned traditional utilities that they could be made “redundant” in a future power market typified by change and new market entrants.
Global energy giants E.On and Enel have combined to trade power via a new blockchain-powered marketplace for the first time.
London-based energy technology start-up Electron has landed government funding to scale its proprietary blockchain energy trading platform.
An EDF-led consortium is aiming to trial a local, peer-to-peer (P2P) power trading platform enabled by blockchain as one of a number of projects Ofgem is currently discussing in the context of its Regulatory Sandbox project.
Swedish state-owned energy company Vattenfall is to collaborate with 22 other European energy trading firms to launch a blockchain-based energy trading pilot.
European solar trade association SolarPower Europe has launched a series of commitments on digitalisation, a process which it said would aid Europe’s transition to a more digitalised energy system.
Electron, a company looking to develop blockchain-based systems for the energy market, has appointed ex-npower boss Paul Massara to its board.