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Break the barriers of distributed flexibility
EIT Digital Alumni
Blockchain & Energy: hype or flexibility?
Simone Accornero
Barcelona, 30 April 2018
supported by
Our software provides cost-effective and
transparent control of data and electricity
from small-scale electric devices to help
Grid Operators balance the grid
The integration of new technologies into the current
electrical grid is challenging and costly
DISTRUBTED
GENERATION ASSETS
UNPREDICTABLE,
VOLATILE GENERATION
INCREASED
ELECTRIFICATION
P2P TRADING
OTHERS
FLEXIBILITY
ORIGIN CERTIFICATION
This is the reason why blockchain is gaining so much
momentum in the energy sector
Demand Response’s true potential is in the commercial
and residential segment
€
DEMAND RESPONSE
30%
70%
However DR doesn’t truly take off at commercial and
residential level due to different challenges
LACK OF USER
ENGAGEMENT
LACK OF
COORDINATION
HIGH BACK-END
OPERATIONAL
COSTS
432
POOR DATA
TRACEABILITY
1
Our competitive advantages are tailored to overcome
these barriers, leveraging on a distributed IT architecture
Real-time
cash & token
rewards
Data
transparency
allows
coordination
Reliable proof
of flexibility
activation per
user
Automation of
back-end
processes
FlexiDAO’s hierarchical, multi-agent software innovation
is based on 4 key pillars
DIGITAL
IDENTITY
EDGE
COMPUTING
DISTRIBUTED
STORAGE
DIGITAL ASSET
TRANSACTION
FlexiDAO can tackle all of these issues, but the current
regulatory framework limits blockchain’s disruption…
ACCOUNTABILITY
Aggregators need to
be central authorities
Legal uncertainty
around Blockchain
UNBUNDLING
NO CRYPTOCURRENCY
TAX LAWS
NO SMART CONTRACT
LAWS
…and doesn’t provide a competitive field for small-scale
independent aggregators
TENDER PERIOD
Unfair aggregation
competition
Uncertain future
market design
MINIMUM BID
NO UNIFIED MARKET
ACCESS
NO DSO INCENTIVES
Technological barriers exist but they are not the ones
that keep us awake at night
SCALABILITY
SPEED
ENERGY
EFFICIENCY
BLOCKCHAIN RISKS MITIGATION STRATEGY
We combine long-term vision with a short-term go-to-
market strategy to adapt to market and regulation
2018
2020
2030
2023
BLOCKCHAIN DISRUPTION
Fleets (B2B) Residential (B2C) DAOs
321
In the short term we improve data transparency &
reliability, enabling coordination among Grid Operators
• Disaggregated
flexibility proof-of-
delivery
• Privacy, reliability
and security
• Data
transparency
allows
coordination
Commercial
fleets (B2B)
1
The true value lies in the fair and transparent revenue
redistribution among small consumers
• Lower transaction costs for instant cash
rewards
• Token-based incentive scheme
• Flexibility smart contract between
aggregator and prosumer
Residential
(B2C)
2
Our long-term vision is fully decentralized
• Automation of
back-end
processes
• Increased
privacy, security
• …and scalability
DAO
3
Let’s join the Energy Revolution!
Simone Accornero
CEO
s.accornero@flexidao.com
+34 681 615 628

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“Blockchain & Energy: hype or solution?” - Simone Accornero

  • 1. Break the barriers of distributed flexibility EIT Digital Alumni Blockchain & Energy: hype or flexibility? Simone Accornero Barcelona, 30 April 2018 supported by
  • 2. Our software provides cost-effective and transparent control of data and electricity from small-scale electric devices to help Grid Operators balance the grid
  • 3. The integration of new technologies into the current electrical grid is challenging and costly DISTRUBTED GENERATION ASSETS UNPREDICTABLE, VOLATILE GENERATION INCREASED ELECTRIFICATION
  • 4. P2P TRADING OTHERS FLEXIBILITY ORIGIN CERTIFICATION This is the reason why blockchain is gaining so much momentum in the energy sector
  • 5. Demand Response’s true potential is in the commercial and residential segment € DEMAND RESPONSE 30% 70%
  • 6. However DR doesn’t truly take off at commercial and residential level due to different challenges LACK OF USER ENGAGEMENT LACK OF COORDINATION HIGH BACK-END OPERATIONAL COSTS 432 POOR DATA TRACEABILITY 1
  • 7. Our competitive advantages are tailored to overcome these barriers, leveraging on a distributed IT architecture Real-time cash & token rewards Data transparency allows coordination Reliable proof of flexibility activation per user Automation of back-end processes
  • 8. FlexiDAO’s hierarchical, multi-agent software innovation is based on 4 key pillars DIGITAL IDENTITY EDGE COMPUTING DISTRIBUTED STORAGE DIGITAL ASSET TRANSACTION
  • 9. FlexiDAO can tackle all of these issues, but the current regulatory framework limits blockchain’s disruption… ACCOUNTABILITY Aggregators need to be central authorities Legal uncertainty around Blockchain UNBUNDLING NO CRYPTOCURRENCY TAX LAWS NO SMART CONTRACT LAWS
  • 10. …and doesn’t provide a competitive field for small-scale independent aggregators TENDER PERIOD Unfair aggregation competition Uncertain future market design MINIMUM BID NO UNIFIED MARKET ACCESS NO DSO INCENTIVES
  • 11. Technological barriers exist but they are not the ones that keep us awake at night SCALABILITY SPEED ENERGY EFFICIENCY BLOCKCHAIN RISKS MITIGATION STRATEGY
  • 12. We combine long-term vision with a short-term go-to- market strategy to adapt to market and regulation 2018 2020 2030 2023 BLOCKCHAIN DISRUPTION Fleets (B2B) Residential (B2C) DAOs 321
  • 13. In the short term we improve data transparency & reliability, enabling coordination among Grid Operators • Disaggregated flexibility proof-of- delivery • Privacy, reliability and security • Data transparency allows coordination Commercial fleets (B2B) 1
  • 14. The true value lies in the fair and transparent revenue redistribution among small consumers • Lower transaction costs for instant cash rewards • Token-based incentive scheme • Flexibility smart contract between aggregator and prosumer Residential (B2C) 2
  • 15. Our long-term vision is fully decentralized • Automation of back-end processes • Increased privacy, security • …and scalability DAO 3
  • 16. Let’s join the Energy Revolution! Simone Accornero CEO s.accornero@flexidao.com +34 681 615 628