TransActive Grid

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Peer to peer transactions of tokens representing generative photo voltaic capacity of kWh production at the facility level. An Ethereum enabled glimpse into the community energy sharing economy of the future

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TransActive Grid

  1. 1. 1 Microgrid Intelligence System for Energy built on Ethereum Peer-to-Peer Energy Transaction and Control
  2. 2. 2 Distributed Energy Resources
  3. 3. 3 Microgrids Martha 40-year homeowner in Park Slope, Brooklyn 1st solar panels on her block Can Martha sell her solar surplus to neighbors? Not currently. Net Metering Surplus spins her meter in reverse
  4. 4. 4 President Street Microgrid Sandbox Brooklyn Potential Neighbor Consumers Solar Renewable Producers President St Park Slope, Brooklyn Martha’s
  5. 5. 5 Is our “green energy” really green? RECs (Renewable Energy Credits) and its inefficiencies Microgrids produce energy locally (less dissipation) and add resiliency to grid Smart Meters providing near-real-time data and granular information
  6. 6. 6
  7. 7. 7 Transacting Local Energy with Neighbors NeighborMartha
  8. 8. 8 Transacting Local Energy with Neighbors NeighborMartha Regular MeterSmart Meter Produces Surplus Consumes Surplus
  9. 9. 9 Transacting Local Energy with Neighbors Regular MeterSmart Meter Local Transactive Microgrid Produces Surplus Consumes Surplus NeighborMartha Regional Renewable Provider Smart Contracts to: Tokenize Surplus Energy Create P2P Market
  10. 10. 10 Transacting Local Energy with Neighbors Regular MeterSmart Meter Regional Renewable Provider Local Transactive Microgrid Produces Surplus Consumes Surplus Consumers can choose where to buy renewables from: Monthly bill: 10% from Regional 10% from Local Microgrid NeighborMartha
  11. 11. 11 Transacting Local Energy with Neighbors Regular MeterSmart Meter Regional Renewable Provider Local Transactive Microgrid Produces Surplus Consumes Surplus Consumers can choose where to buy renewables from: NeighborMartha Monthly bill: 10% from Regional 10% from Local Microgrid Works on top of existing infrastructure. Utilities can receive transaction & maintenance fees.
  12. 12. 12 Regular MeterSmart Meter Regional Renewable Provider Surplus energy physically flows from house A to B to be compatible with existing Regular Meters, but local accounting at Smart Meter is different: Smart Meter: ● Solar Surplus Energy Credits ● Energy Credits traded in a local Microgrid Energy Market based on smart contracts Simple: Build on current infrastructure Microgrid Energy Market © 2015 TransActive Grid 1.0 (MVP) NeighborMartha
  13. 13. 13 Ethereum Bitcoin Digital Currency P2P Consensus Distributed Ledger Turing-Complete Programming Language Ethereum Smart Contracts Decentralized Applications (dApps) + value-awareness, blockchain-awareness, state-awareness © 2015
  14. 14. 14 Community Energy Market - Sharing Economy © 2015 Tokenization P2P Markets Tokenization of energy consumption and surplus energy production makes a market Markets recognize local investments, impacts and the real value of local renewable energy
  15. 15. 15 Community Energy Market - Sharing Economy Rise of the Prosumer: Producer-Consumer of Energy.Neighbor-to- neighbor, neighbor-to- business © 2015 Tokenization P2P Markets Prosumers Tokenization of energy consumption and surplus energy production makes a market Markets recognize local investments, impacts and the real value of local renewable energy
  16. 16. 16 Community Energy Market - Sharing Economy Community Microgrid and Energy Services Companies (ESCOs): empower customers to optimize energy costs according to their priorities, monetizing system & social values Tokenization of energy consumption and surplus energy production makes a market Markets recognize local investments, impacts and the real value of local renewable energy Rise of the Prosumer: Producer-Consumer of Energy.Neighbor-to- neighbor, neighbor-to- business © 2015 Tokenization P2P Markets Prosumers Community ESCOs
  17. 17. 17 Future Milestones TransActive Grid 2.0 Smart Meter Proliferation Transact and price energy with Microgrid neighbors directly TransActive Grid 2.5 User Value-driven Transact based on values Price, green energy, clean signals, social good Multi-factor tokens to encourage what you want to see in the market Reputation system Microgrid Market Value © 2015
  18. 18. 18 TransActive Grid 3.0 Blockchain-Based, Microgrid Intelligence System ● Transactive, distributed consensus intelligence system developed to control Microgrids ● Based on open source, cryptographically-secure protocol layer delivering military-grade cybersecurity and real-time data ● Auditable, immutable, peer-to- peer & secure Smart Grid Control Smart Grid Technology
  19. 19. 19 Daily Neighborhood Stats Your Max Contribution $4 daily $4.50 average Your Max YOU Neighbor 1 Neighbor 2 Neighbor 3 Neighbor 4 Local Average Max Contribution $4.00 $4.50 $3.50 $5.50 $3.00 $4.50 Local Microgrid Volume* Today’s Local Champ * Increasing Your Max can increase your Volume tomorrow Daily Con Ed $1.25 $7.13 From per kWh total cost Your Local Microgrid Offset 25% Your Max Contribution Your Total Usage 7.6 kWh $4 daily $4.50 average Your Max * price may change based on local demand Your Usage Neighborhood Your Usage Neighborhood 1.9 kWh 1.9 kWh UI Concepts Local Microgrid $2.01* $3.82 How much do you want to pay for local renewable energy? Neighborly competition, incentivization P2P market sets price Set it and forget it
  20. 20. 20 TransActive Grid - Team Founder LO3 Energy with more than 15 years experience in all aspects of utility energy efficiency program management, design, implementation and marketing – as well as a strong understanding of the energy policy and regulatory environment, Lawrence is versed in the technology and inner workings of the utility industry. Bill is a finance professional with decades of experience in investment banking, structured finance, and environmental markets. Working as a derivatives specialist in Asia, Bill used his creativity and knowledge of financial markets to spot unique and innovative ways to help his customers (large government, state and private counterparties) identify and manage complex financial risks. Co-founder of Ethereum and founder of ConsenSys. An academic background in Electrical Engineering and Computer Science from Princeton University and research experience in the field of Robotics Learning. Former VP of Technology at Goldman Sachs in the Private Wealth Management Division. Received a Ph.D. from the KTH Royal Institute of Technology in Math with a specialization in Algebraic Geometry, Moduli Spaces. Christian has worked as a software engineer at Bloomberg Financial and is a smart contracts developer and blockchain strategist at ConsenSys. He works on diverse projects including financial applications, wallets, and identity & persona.. Lawrence Orsini William Collins Christian LundkvistJoseph Lubin Dedicated to delivering solutions that enable companies across industries and geographies to benefit from simplified technology landscapes, integrated processes, streamlined operations and improved agility and performance the Ethereum blockchain ecosystem delivers. Project Manager at ConsenSys Enterprise and Operations at LO3 Energy. John Lilic UX designer and UI developer improving end- user experience for Ethereum and blockchain- based applications at ConsenSys. Eva has a background in transit and geospatial projects at open source organizations. She holds a Masters in Human Computer Interaction from Carnegie Mellon. At ConsenSys she helps with UX for various projects. Eva Shon Energy Domain Expert Energy Markets Expert Crypto-Financial EngineerConsenSys Founder Project Manager User Experience © 2015
  21. 21. 21 is a joint venture between

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