Today Germany’s federal energy agency (DENA) announced the selection of the blockchain non-profit Energy Web to build a digital registry for distributed energy resources (DERs) throughout Germany. Those resources could include solar panels, batteries or thermostats. This blockchain machine identity ledger (BMIL) is one of DENA’s three major projects for Germany’s energy sector. Energy Web will be working alongside more than 20 industry companies as well as technology firms BOTLabs, Parity Technologies, and RIDDLE&CODE. The project is now at the implementation stage.
In February 2020, the Federal Ministry for Economic Affairs and Energy commissioned DENA to implement energy projects, as described in its blockchain strategy. DENA than launched the Future Energy Lab in late August, which allows for experimentation in energy solutions based on innovative technologies like AI and blockchain. Future Energy Labs has three main pilot projects: BMIL, CO2 emissions visualization solution, and a smart contract register.
The aim of BMIL is to automatically register the energy assets on the decentralized ledger of identities. DENA and its partners can then use the DERs for various services e.g. frequency regulation and virtual power plants. This is similar to Energy Web’s blockchain proof of concept (PoC) with the Austrian Power Grid that demonstrated energy network management using customer-owned DERs.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
