A blockchain proof of concept (PoC) being launched by
Austrian Power Grid (APG) and the non-profit
Energy Web Foundation is set to demonstrate what is potentially one of the most valuable use cases of distributed ledger technology (DLT) in the energy sector – management of the network using customer-owned distributed energy resources (DERs).
In the coming years, the grid operator expects more than a million DERs to be connected nationally, whether they are household solar, batteries or electric vehicles.
To date, most blockchain use cases have involved either experimenting with sharing renewable energy within a micro network, or for certifying renewable resources. With this PoC, the technology is being leveraged in the core electricity grid.
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