Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Jill Kirkpatrick
Alectra Utilities is leveraging blockchain technologies to develop GridExchange, a platform for transactive energy that allows its users to create new energy markets, as well as bidding into existing ones.
Behavior changes are set based on homeowner preferences for use of their distributed energy resources. The platform also creates statistics on customer energy usage and validates participation in these energy markets, confirming settlement when compensation for energy services has been paid.
As a result, users are empowered with greater choices, control and autonomy to buy, consume, and sell energy, and the utility improves reliability and forecasting by gaining visibility of energy usage patterns and changing behaviors.
Technological advances and innovations from energy leaders like Hitachi are making the transition to a carbon-free future more affordable, feasible, and manageable.
Read more: https://social-innovation.hitachi/en-us/think-ahead/energy/digitalization-and-data-analytics-in-energy/
New base february 03 2022 energy news issue - 1484 by khaled al awadi (auto...Khaled Al Awadi
NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)
In this piece, we explore how AI has the potential to deliver the active management that will be required for the grid of the future. Powerful intelligence will be able to balance grids, manage demand, negotiate actions, enable self-healing and facilitate a host of new products and services.
Transactive Energy (TE) can play a defining role in adapting and stabilizing today's grid for tomorrow. A follow-up to the Cross-DEWG Discussion on Transactive Energy session held in May at the SGIP Spring 2014 Members Meeting, this webinar continues the dialogue regarding this important game changer. SGIP is making this webinar event open and free to the public.
An Energy Blockchain Retrospective: Is Blockchain Delivering on Promises from...Jill Kirkpatrick
EWF will provide a look at the past, present and future of energy blockchain, covering the evolution of investment activity, key use cases and early findings on the real opportunity blockchain technology holds for unlocking significant value for energy players.
Hitachi has supported the development of society and the improvement of people's lives. The fight against climate change is the next frontier.
Read more: https://social-innovation.hitachi/en-us/think-ahead/transportation/innovative-solutions-for-climate-change/
How the Energy Efficiency sector can embrace Exponential Leadership principles to spark meaningful change for the environment. Oct 2019 Keynote presentation at The Power of Collaboration conference hosted by ESG / Direct Technology.
Mobility Equity and the Future of Rural Transportation in AmericaHitachi America, Ltd.
Hitachi intelligently leverages technology and data to improve access to equitable transportation for all.
Read more: https://social-innovation.hitachi/en-us/think-ahead/transportation/mobility-equity-for-rural-america/
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Jill Kirkpatrick
Alectra Utilities is leveraging blockchain technologies to develop GridExchange, a platform for transactive energy that allows its users to create new energy markets, as well as bidding into existing ones.
Behavior changes are set based on homeowner preferences for use of their distributed energy resources. The platform also creates statistics on customer energy usage and validates participation in these energy markets, confirming settlement when compensation for energy services has been paid.
As a result, users are empowered with greater choices, control and autonomy to buy, consume, and sell energy, and the utility improves reliability and forecasting by gaining visibility of energy usage patterns and changing behaviors.
Technological advances and innovations from energy leaders like Hitachi are making the transition to a carbon-free future more affordable, feasible, and manageable.
Read more: https://social-innovation.hitachi/en-us/think-ahead/energy/digitalization-and-data-analytics-in-energy/
New base february 03 2022 energy news issue - 1484 by khaled al awadi (auto...Khaled Al Awadi
NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)NewBase February 03-2022 Energy News issue - 1484 by Khaled Al Awadi (AutoRecovered)
In this piece, we explore how AI has the potential to deliver the active management that will be required for the grid of the future. Powerful intelligence will be able to balance grids, manage demand, negotiate actions, enable self-healing and facilitate a host of new products and services.
Transactive Energy (TE) can play a defining role in adapting and stabilizing today's grid for tomorrow. A follow-up to the Cross-DEWG Discussion on Transactive Energy session held in May at the SGIP Spring 2014 Members Meeting, this webinar continues the dialogue regarding this important game changer. SGIP is making this webinar event open and free to the public.
An Energy Blockchain Retrospective: Is Blockchain Delivering on Promises from...Jill Kirkpatrick
EWF will provide a look at the past, present and future of energy blockchain, covering the evolution of investment activity, key use cases and early findings on the real opportunity blockchain technology holds for unlocking significant value for energy players.
Hitachi has supported the development of society and the improvement of people's lives. The fight against climate change is the next frontier.
Read more: https://social-innovation.hitachi/en-us/think-ahead/transportation/innovative-solutions-for-climate-change/
How the Energy Efficiency sector can embrace Exponential Leadership principles to spark meaningful change for the environment. Oct 2019 Keynote presentation at The Power of Collaboration conference hosted by ESG / Direct Technology.
Mobility Equity and the Future of Rural Transportation in AmericaHitachi America, Ltd.
Hitachi intelligently leverages technology and data to improve access to equitable transportation for all.
Read more: https://social-innovation.hitachi/en-us/think-ahead/transportation/mobility-equity-for-rural-america/
Abiliti Smart Cities Of The Future Programme 1st Contact Pre Nda[2007] FinalNigel Tebbutt
SMART CITIES OF THE FUTURE PROGRAMME
The sudden proliferation of pervasive Smart Devices communicating with the Cloud indicates that we may have just witnessed the beginning of a startling new episode in technology driven consumer behaviour – the advent of the always-on digital connected society – Smart individuals living in Smart households within the Smart Cities of the future.
Panel: AI and Climate Change: Where is the funding and is it sufficient to meet the 2030 and 2050 goals?
https://www.climatechange.ai/events/aaaifss2022#scheduleThursday, November 17, 2016, 5:10 pm – 6:00 pm
Stacy Pepworth was the acting chairperson of The 2018 European Networking Group conference that took place January 24 to 25 in Amsterdam. This year's agenda highlights two key concepts: Disruptive Innovation + the Emerging Importance of e-business within remarketing. Stacy kicked off Day 2 and shared his views on the digital transformation of the remarketing industry.
The Internet of Things - beyond the hype and towards ROIPerry Lea
How do you move beyond the hype of IoT and towards profitability? This short lecture examines the hype and origin of IoT and the reality of the industry. It then talks about my experiences with the industry, customers, and technologists. Some have outright failed in IoT projects, others are succeeding.
Get beyond the prototype and lab experiment.
There's no doubt technology is revolutionizing industries across the globe and leading us into the future and beyond. Tech Trends 2022 gives an overview of the technological developments in supply chain, electric vehicles, energy solutions, fashion and computing.
This e-book aims to keep you up-to-date with what’s up and coming in the technology sphere and provide valuable information to help you make the best sourcing decisions this year.
Global Sources has tens of thousands of suppliers and manufacturers. These can be your stable purchasing resources.
Tracxn - Top Business Models - Technology - Apr 2022Tracxn
Today's top #BusinessModel report is on Technology rebrand.ly/5bvaruu
Get our free reports on geography of your interest to your mailbox regularly https://rb.gy/cx2upn
Will 2016 be the year that cloud kills the data center? Will the race to the edge continue? Following are my predictions for the trends I expect to dominate the data center industry in 2016.
Singapore's IoT Technical Standard Update at IoT Asia 2018Colin Koh (許国仁)
Singapore's vision to be the first Smart Nation in the world and position as advanced manufacturing hub had made good progress so far, the role of IoT play a major role in digitizing and generate more contexture data. Standards will be the driving factors for scaling up the implementation of many projects in the coming years.
AIVS - AI, Industrial Data Space, and Innovation Transformationpantapong
The objective of we are come to discuss and exchange in
4 main topics as follows:
1. Artificial Intelligent and Neural Network Project of Chemical Engineering That I have researched since 2005.
2. Industrial Data Space and the combination of data set and AI.
3. Innovation Eco-system for Thailand and ASEAN About how to have cooperation were related to AI, such as the Association of AI and Bangkok AI Community.
4. The conclusion of the presentation.
Solar + storage deployment has grown exponentially over the course of the last 12 months. Our energy storage experts at Wood Mackenzie Power & Renewables will analyze key technology, economic and policy drivers at a global scale for the next three years, explaining why solar + storage is such a key step in enhancing the energy system of the future.
Wood Mackenzie Power & Renewables Breakfast Briefing II: Battery and Non-Batt...Nicole Green
Storage system prices have declined by more than 60% since 2012 and are expected to decline by another 30% over the next five years. Historically battery prices drove the bulk of system price declines, but in the future both battery prices and non-battery components like inverters, software & controls, and design, engineering and construction services will drive system price reductions. Where will the market see most savings? How will the vendor landscape evolve over the course of the next five years, as the storage industry collectively targets bringing down system prices further.
DC-Coupled Solar Plus Storage: Results from the FieldNicole Green
Dynapower will join Duke Energy to explain the decision-making process, challenges and opportunities and conclusions of a DC-Coupled Solar plus Storage project, including data from Duke Energy's Mt. Holly R&D Lab.
DC-Coupled Solar Plus Storage: Results from the FieldNicole Green
Dynapower will join Duke Energy to explain the decision-making process, challenges and opportunities and conclusions of a DC-Coupled Solar plus Storage project, including data from Duke Energy's Mt. Holly R&D Lab.
The State of Global Energy Storage MarketsNicole Green
Join Wood Mackenzie Power & Renewables to explore global storage development scenarios and understand key market opportunities across continents. This presentation will also address key supply chain questions and discuss the increasingly important role of storage on the grid as a fundamental driver of renewable integration, reliability and flexibility.
Bridging the Gap in Long-Term Resource Planning for Utilities and Grid OperatorsNicole Green
There is a clear disconnect between long-term resource planning for utilities and grid operators and the actual market data available. But where does this distortion stem from? How can utilities and grid operators adapt their resource planning to market trends more effectively? And what does a winning bid look like compared to a losing one?
Keynote Interview: Texas as a U.S. Flagship for Energy TransitionNicole Green
Texas is the U.S. state that produces the most renewable energy in terms of sheer quantity. And one that also experiences some of the most extreme weather out of all the U.S. regions. This conversation will provide a unique perspective as to how ERCOT balances a regional energy system that counts on some of the highest renewable penetration rates with reliability and resilience in a very congested transmission network throughout its most challenging season, reflecting on Summer 2018 data.
Natural farming @ Dr. Siddhartha S. Jena.pptxsidjena70
A brief about organic farming/ Natural farming/ Zero budget natural farming/ Subash Palekar Natural farming which keeps us and environment safe and healthy. Next gen Agricultural practices of chemical free farming.
Characterization and the Kinetics of drying at the drying oven and with micro...Open Access Research Paper
The objective of this work is to contribute to valorization de Nephelium lappaceum by the characterization of kinetics of drying of seeds of Nephelium lappaceum. The seeds were dehydrated until a constant mass respectively in a drying oven and a microwawe oven. The temperatures and the powers of drying are respectively: 50, 60 and 70°C and 140, 280 and 420 W. The results show that the curves of drying of seeds of Nephelium lappaceum do not present a phase of constant kinetics. The coefficients of diffusion vary between 2.09.10-8 to 2.98. 10-8m-2/s in the interval of 50°C at 70°C and between 4.83×10-07 at 9.04×10-07 m-8/s for the powers going of 140 W with 420 W the relation between Arrhenius and a value of energy of activation of 16.49 kJ. mol-1 expressed the effect of the temperature on effective diffusivity.
Artificial Reefs by Kuddle Life Foundation - May 2024punit537210
Situated in Pondicherry, India, Kuddle Life Foundation is a charitable, non-profit and non-governmental organization (NGO) dedicated to improving the living standards of coastal communities and simultaneously placing a strong emphasis on the protection of marine ecosystems.
One of the key areas we work in is Artificial Reefs. This presentation captures our journey so far and our learnings. We hope you get as excited about marine conservation and artificial reefs as we are.
Please visit our website: https://kuddlelife.org
Our Instagram channel:
@kuddlelifefoundation
Our Linkedin Page:
https://www.linkedin.com/company/kuddlelifefoundation/
and write to us if you have any questions:
info@kuddlelife.org
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Venturesgreendigital
Willie Nelson is a name that resonates within the world of music and entertainment. Known for his unique voice, and masterful guitar skills. and an extraordinary career spanning several decades. Nelson has become a legend in the country music scene. But, his influence extends far beyond the realm of music. with ventures in acting, writing, activism, and business. This comprehensive article delves into Willie Nelson net worth. exploring the various facets of his career that have contributed to his large fortune.
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Introduction
Willie Nelson net worth is a testament to his enduring influence and success in many fields. Born on April 29, 1933, in Abbott, Texas. Nelson's journey from a humble beginning to becoming one of the most iconic figures in American music is nothing short of inspirational. His net worth, which estimated to be around $25 million as of 2024. reflects a career that is as diverse as it is prolific.
Early Life and Musical Beginnings
Humble Origins
Willie Hugh Nelson was born during the Great Depression. a time of significant economic hardship in the United States. Raised by his grandparents. Nelson found solace and inspiration in music from an early age. His grandmother taught him to play the guitar. setting the stage for what would become an illustrious career.
First Steps in Music
Nelson's initial foray into the music industry was fraught with challenges. He moved to Nashville, Tennessee, to pursue his dreams, but success did not come . Working as a songwriter, Nelson penned hits for other artists. which helped him gain a foothold in the competitive music scene. His songwriting skills contributed to his early earnings. laying the foundation for his net worth.
Rise to Stardom
Breakthrough Albums
The 1970s marked a turning point in Willie Nelson's career. His albums "Shotgun Willie" (1973), "Red Headed Stranger" (1975). and "Stardust" (1978) received critical acclaim and commercial success. These albums not only solidified his position in the country music genre. but also introduced his music to a broader audience. The success of these albums played a crucial role in boosting Willie Nelson net worth.
Iconic Songs
Willie Nelson net worth is also attributed to his extensive catalog of hit songs. Tracks like "Blue Eyes Crying in the Rain," "On the Road Again," and "Always on My Mind" have become timeless classics. These songs have not only earned Nelson large royalties but have also ensured his continued relevance in the music industry.
Acting and Film Career
Hollywood Ventures
In addition to his music career, Willie Nelson has also made a mark in Hollywood. His distinctive personality and on-screen presence have landed him roles in several films and television shows. Notable appearances include roles in "The Electric Horseman" (1979), "Honeysuckle Rose" (1980), and "Barbarosa" (1982). These acting gigs have added a significant amount to Willie Nelson net worth.
Television Appearances
Nelson's char
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...MMariSelvam4
The carbon cycle is a critical component of Earth's environmental system, governing the movement and transformation of carbon through various reservoirs, including the atmosphere, oceans, soil, and living organisms. This complex cycle involves several key processes such as photosynthesis, respiration, decomposition, and carbon sequestration, each contributing to the regulation of carbon levels on the planet.
Human activities, particularly fossil fuel combustion and deforestation, have significantly altered the natural carbon cycle, leading to increased atmospheric carbon dioxide concentrations and driving climate change. Understanding the intricacies of the carbon cycle is essential for assessing the impacts of these changes and developing effective mitigation strategies.
By studying the carbon cycle, scientists can identify carbon sources and sinks, measure carbon fluxes, and predict future trends. This knowledge is crucial for crafting policies aimed at reducing carbon emissions, enhancing carbon storage, and promoting sustainable practices. The carbon cycle's interplay with climate systems, ecosystems, and human activities underscores its importance in maintaining a stable and healthy planet.
In-depth exploration of the carbon cycle reveals the delicate balance required to sustain life and the urgent need to address anthropogenic influences. Through research, education, and policy, we can work towards restoring equilibrium in the carbon cycle and ensuring a sustainable future for generations to come.
WRI’s brand new “Food Service Playbook for Promoting Sustainable Food Choices” gives food service operators the very latest strategies for creating dining environments that empower consumers to choose sustainable, plant-rich dishes. This research builds off our first guide for food service, now with industry experience and insights from nearly 350 academic trials.
UNDERSTANDING WHAT GREEN WASHING IS!.pdfJulietMogola
Many companies today use green washing to lure the public into thinking they are conserving the environment but in real sense they are doing more harm. There have been such several cases from very big companies here in Kenya and also globally. This ranges from various sectors from manufacturing and goes to consumer products. Educating people on greenwashing will enable people to make better choices based on their analysis and not on what they see on marketing sites.
3. Elta
Kolo, Ph.D
GTM Research
Research Manger,
Grid Edge
Colleen
Metelitsa
GTM Research
Analyst, Grid Edge
Paulina
Tarrant
GTM Research
Research Associate
Fei
Wang
GTM Research
Senior Grid Edge
Analyst
Kristen
Brown,Ph.D
ComEd
Utility of the Future
M
Questions? Enter them at: gtm.cnf.io #gridedge
GTM Research Presentation
5. 5Grid Edge Innovation Summit - June, 21 2018
Networking - Meeting other professionals and influencers in the grid
edge space
Mentorship - Fostering interaction between accomplished energy
professionals with those looking to further develop their career
Skills Building - Interactive sessions to learn how to implement
specific skills relevant to professional development
Knowledge Sharing - Learning key industry content from the
experiences and knowledge of professionals
Learn more at:
www.greentechmedia.com/wage
Introducing W.A.G.E.
6. 6Grid Edge Innovation Summit - June, 21 2018
-
200
400
600
800
1,000
1,200
-
10
20
30
40
50
60
70
80
90
100
2017 2018 2019 2020 2021 2022 2023
Cumulative AMI Meters Installed (Millions)
Annual AMI Meters Installed (Millions)
Asia Europe North America Latin America Oceania Africa Cumulative
Global AMI Installations Will Surpass 1 Billion by 2022
Note: PPL and Salt River Project in the U.S., Enel in Italy, and Sweden are deploying a second generation of AMI meters. These AMI retrofits are not included in the cumulative AMI installations, but are instead shown in the annual amount of AMI installed.
Source: GTM Research
AMI Meters Installed, 2017E-2023E
7. 7Grid Edge Innovation Summit - June, 21 2018
Voice Assistant Devices Support Home Automation Including Energy Management
Source: GTM Research
Cumulative Voice Assistant Device Deployment in the U.S., 2016-2023
0
50
100
150
0
50
100
150
2016 2017 2018 2019 2020 2021 2022 2023
# of Households Using Devices as Smart
Home Platforms (Millions)
Deployment (Millions)
Cumulative Deployment Smart Home Platform Penetration
8. 8Grid Edge Innovation Summit - June, 21 2018
Grid-Interactive DERs and Connected Devices Bring Greater Demand Flexibility
Source: GTM Research
Residential Demand Flexibility in the U.S., 2016-2023
0
10
20
30
40
50
60
70
80
2016 2017 2018 2019 2020 2021 2022 2023
Impact on Peak Demand (GW)
Smart Thermostats Residential Solar Residential Storage
9. 9Grid Edge Innovation Summit - June, 21 2018
Blockchain Unlocks New Ways to Transact Energy and Associated Attributes
57% 29%
12%
Transactive
Energy
Asset
Tokenization
Accounting
Cybersecurity
94 Organizations
Source: GTM Research
Blockchain Organizations by Primary Use Case
10. 10Grid Edge Innovation Summit - June, 21 2018
Blockchain Serves as the Settlement and Data Transfer Layer
Data Analytics Platforms
Physical
Energy Generating Devices
72
Blockchain Data Stores
Digital
Physical
(Blockchain Nodes)
3:00
4:00
5:00
6:00
7:00
8:00
Digital
11. 11Grid Edge Innovation Summit - June, 21 2018
Source: GTM Research
Investments in Blockchain in Energy Organizations*
$447 Million Raised by Blockchain in Energy Companies Since Q2 2017
*ICOs often raise money in cryptocurrencies; dollar values use the conversion rate at the end of the ICO.
$-
$50
$100
$150
$200
$250
Q2 Q3 Q4 Q1 Q2
2017 2018
USD (Millions)
ICO VC Pre-ICO Public Offering Crowdfunding Private Placement
12. 12Grid Edge Innovation Summit - June, 21 2018
Utility Blockchain Companies
Utilities Have Been Part of This Investment Strategy
Utilities With Multiple Blockchain in Energy Investments (Q2 2017 – Q2 2018)
13. 13Grid Edge Innovation Summit - June, 21 2018
Grid Edge Venture Capital & Private Equity and Mergers & Acquisitions
Source: GTM Research
Venture Capital & Private Equity 2010 – 2018 YTD
Source: GTM Research
Mergers & Acquisitions 2010 – 2018 YTD
0
20
40
60
80
100
120
140
$0
$400
$800
$1,200
$1,600
2010 2011 2012 2013 2014 2015 2016 2017 2018
YTD
Deal Count
Disclosed Value (Millions USD)
AMI Customer Energy Management
DER Services Distribution Automation
Electric Vehicle Infrastructure Energy Storage
Grid Edge Customer Analytics Grid Edge Network Analytics
Utility Back Office Utility Network Operations
Deal Count
0
10
20
30
40
50
60
$0
$5
$10
$15
$20
$25
2010 2011 2012 2013 2014 2015 2016 2017 2018
Deal Count
Disclosed Value (Billions USD)
AMI Customer Energy Management
DER Services Distribution Automation
Electric Vehicle Infrastructure Energy Storage
Grid Edge Customer Analytics Grid Edge Network Analytics
Utility Back Office Utility Network Operations
Deal Count
14. 14Grid Edge Innovation Summit - June, 21 2018
Growth in Strategic Utility Investments
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Percentage of VC deals
Strategic Utility Strategic Vendor Strategic Oil & Gas Non-Stragetic Investors Undisclosed
Source: GTM Research
Percentage of Venture Capital and Private Equity Deal 2009 – 2018 YTD
15. 15Grid Edge Innovation Summit - June, 21 2018
2017 Grid Edge Investment by European Giants
January March June September September October October
InvestmentAcquisition
October November
Q1 2017 Q2 2017 Q3 2017 Q4 2017
Source: GTM Research Grid Edge Data Hub
December DecemberOctober
16. 16Grid Edge Innovation Summit - June, 21 2018
2018 Grid Edge Investment by European Giants
InvestmentAcquisition
Q1 2018
January January February March
Q2 2018
April
Source: GTM Research Grid Edge Data Hub
May May May
Q3 2018 Q4 2018
?
17. 17Grid Edge Innovation Summit - June, 21 2018
European Giants Are Building Out Distributed Practices
2017 and 2018 Investments
30%
20% 15%
10%
10%
5%
5% 5% E-mobility
Energy Storage
Demand Response
Connected Home
Residential Retailer
Blockchain
DER Developer
Energy Efficiency
Source: GTM Research Grid Edge Data Hub
20 deals*
Formally established distributed practices
*Inspire is counted twice because of the nature of its offerings
19. M
Gil C.
Quiniones
New YorkPower
Authority
President & CEO
Shayle
Kann
Energy Impact
Partners
Senior Vice President,
Research & Strategy
Keynote Interview: Innovation Strategies
Questions? Enter them at: gtm.cnf.io #gridedge
20. Rishi
Bhakar
Tenaska
Vice President
Ugo
Catry
Total Energy
Ventures
Investment Manager
Bosco
Lai
Macquarie
Senior VicePresident,
Commodities and
Global Markets Group
Eric
Wesoff
Greentech Media
Former editor
M
Questions? Enter them at: gtm.cnf.io #gridedge
Energy Investor: How They Invest in Energy Frontier
Technology & Business Models
21.
22. Hilary
Flynn
National Grid
Director, External
Innovation
Lee
Krevat
Sempra
Renewables
Director, New Ventures,
PXiSE EnergySolutions,
LLC
Lydia
Krefta
PG&E
Principal Product
Manager, Emerging
Technologies, Grid
Innovation & Integration
Proof of Concept: Strategies to Pilot Frontier
Grid Edge Technologies
Ben
Kellison
GTM Research
Director, Grid Edge
Questions? Enter them at: gtm.cnf.io #gridedge
23. Stina
Brock
Sunverge
Energy, Inc.
Senior Director,
Global Utility & Grid
Solutions
Stefan
Jarnason
SolarAnalytics
Co-Founder & CEO
Chris
Moris
Sunrun
Advanced Product
Team Lead
Colleen
Metelitsa
GTM Research
Analyst, Grid Edge
M
Questions? Enter them at: gtm.cnf.io #gridedge
Can Blockchain Change the Paradigm of how Energy is
Transacted at the Grid Edge?
27. Colton
Ching
Hawaiian Electric
Company
Senior Vice President,
Planning &Technology
Audrey
Lee
Sunrun
Vice President,
Energy Services
Marc
Romito
Arizona Public
Service
Manager, Renewable
Energy Resources
Mark
Dyson
Rocky Mountain
Institute
Principal
M
Questions? Enter them at: gtm.cnf.io #gridedge
Lunch Workshop: Growing the Market for
Virtual Power Plants
29. Mark
McGranaghan
Electric Power
Research Institute
Vice President,
Integrated Grid Sector
Stephen
Prince
Centrica Business
Solutions
Senior VicePresident,
North America
Joshua
Wong
Opus One
Solutions
President & CEO
Managing the DER Life Cycle: Policy, Planning,
Interconnection, Integration and Operations
Ben
Kellison
GTM Research
Director, Grid Research
M
Questions? Enter them at: gtm.cnf.io #gridedge
30. M
Neil
Gerber
IBM
Director, New Energy
& Environment
Colleen
Metelitsa
GTM Research
Analyst, Grid Edge
IBM Case Study: Blockchain & Energy
Questions? Enter them at: gtm.cnf.io #gridedge
32. Topics
§ Business Value of Blockchains
§ Blockchain Characteristics
§ Network Governance and Scaling
§ Energy & Utility Industry high value use cases
§ Final thoughts on IoT integration
35. Aspects of two blockchain types, with hybrids emerging
Business blockchain
• Permissioned access
• Consensus via trusted intermediaries
• Cryptographic database managed and
shared by trusted parties
• Used for enterprise and consortium
applications
Public blockchain
§ Permissionless, open access
§ Anonymous participants and
validators of transactions
§ Allows anonymous
transactions without need for
a trusted intermediary
Main focus of this presentation
Adapted from: https://www.evry.com/globalassets/insight/bank2020/bank-2020---blockchain-powering-the-internet-of-value---whitepaper.pdf.
Hybrid blockchain
§ Built on Public Chain
Infrastructure
§ Provide technology for
permissioned networks
39. | I BM CONFI DENTI AL
39
Cross-Industry Network
New
Market
Models Collaborate with non-traditional partners
to innovate to build new value
propositions, digital platforms and
marketplaces
New revenue
New services
New products
Network of Competitors
Market
Utility
Collaborate with competitors to build
market utilities to optimize shared B2B
processes
Founder Network
Business
Differentiation
Collaborate with non-competitors to
enhance today’s differentiating
processes B2B-2C
Enterprise
Optimize B2B costs
Optimize risk
Optimize capital
Cost
Innovation
Service
Enterprise Entry Points
41. 41
Production
Pilot
Legal entity set up
FormDiscover
Learn
Try
Buy
Expand &
Activate
Consortium Type
Success Factors
Consortium Value Map
Operational Model
Consortium Roadmap
Operational Governance
IBM roles
Pilot – Real Transactions
Regulatory compliance
Membership Policy
Member recruitment
New feature releases
Production deployment
Application maintenance
Cross network interoperability
Help desk and operational support
Value added services strategy
Network growth analytics
IP Terms
First Project
Business Case/ BVD
Use Case
Consortium Participants
Monetization Strategies
MarketNet
Investment Strategies
Privacy & Security
Carbon Footprint Offset
Blockchain Consortium Governance and Operating Model
43. | I BM CONFI DENTI AL
Coal
Gas
Nuclear
Energy
Storage
Solar
Wind
Petroleum
Geothermal
Biomass
Hydropower
Industrial
Residential
Commercial
Energy
Storage
CHP
Transportation
DSM
Generator
Energy
Efficiency
Microgrid
Solar
SCADA
Control Center
GENERATION TRANSMISSION DISTRIBUTION END USERS/EDGE
Step-Up
Transformer
Transmission
Lines
Substation Step-Down
Transformer
Distribution
Lines
Meter
Meter Transmission
Customer
Energy
Storage
Market
Operator
Synchrophasor
D
i
s
t
r
i
b
u
t
e
d
E
n
e
r
g
y
R
e
s
o
u
r
c
e
s
Aggregator
IBM Confidential
44. | I BM CONFI DENTI AL
D
i
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r
i
b
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d
E
n
e
r
g
y
R
e
s
o
u
r
c
e
s
Microgrid
Industrial
Residential
Commercial
CHP
DSM
Generator
Energy
Efficiency
Solar
SCADA
Control Center
Step-Up
Transformer
Transmission
Lines
Substation Step-Down
Transformer
Distribution
Lines
Meter
Meter Transmission
Customer
Energy
Storage
Synchrophasor
Aggregator
GENERATION TRANSMISSION DISTRIBUTION END USERS/EDGE
Coal
Gas
Nuclear
Energy
Storage
Solar
Wind
Petroleum
Geothermal
Biomass
Hydropower
Energy
Storage
Transportation
Market
Operator
IBM Confidential
GRID BALANCING
The Market Operator accesses behind-the-meter Distributed
Energy Resources (DERs) like home batteries or batteries in
electric vehicles to balance the transmission grid. Typically this
happens by agreement via a smart contract between the
User/Provider and the market operator, at various timeframes
down to 1 minute.
45. | I BM CONFI DENTI AL
The need:
§ The electricity grid is becoming more volatile
due to the growing share of renewable
electricity generation in the overall supply
§ TenneT is working to find new ways of
maintaining the security of supply
Solution:
§ TenneT is exploring the use of a permissioned
blockchain network that will use Hyperledger
Fabric to integrate flexible battery storage
capacity into the electrical grid
§ Blockchain enables owners of electric
vehicles and residential solar batteries to
indicate the available capacity of their
batteries available to help TenneT balance
grid supply and demand
“These pilot projects are part of TenneT’s broader
strategy of preparing the electricity system to
accommodate the growing volume of renewable
energy.”
Mel Kroon
CEO, TenneT
TenneT is unlocking distributed energy
resources flexibility via IBM Blockchain
46. | I BM CONFI DENTI AL
46
How Quickly can you
respond to a request?
Remotely controlled
systems are not fast
• Not for primary control
reserve
Electric vehicles have
limited capacity
• Not suitable for tertiary
control reserve
Different ancillary energy products
https://www.entsoe.eu/fileadmin/user_upload/_library/publications/entsoe/Operation_Handbook/Policy_1_final.pdf
Remotely controlled
battery appliances
47. | I BM CONFI DENTI AL
47
Blockchain Based Energy Balancing
Flex energy
offer
Trading
Ancillary
market
Vehicle
Control
EMS/
SCADA
Blockchain
Hyperledger Activation
Signal
Activation
Signal
Flex
Service
Provider
Transmission
System
Operator
Flex
Monitoring
Car
Monitoring
EV
Drivers
Flex energy
offer
48. | I BM CONFI DENTI AL
Aggregator
Energy
Storage
CHP
Transportation
DSM
Generator
Energy
Efficiency
Microgrid
Solar
D
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E
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R
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s
o
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c
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GENERATION TRANSMISSION DISTRIBUTION END USERS/EDGE
Coal
Gas
Nuclear
Energy
Storage
Solar
Wind
Petroleum
Geothermal
Biomass
Hydropower
SCADA
Control Center
Step-Up
Transformer
Transmission
Lines
Substation Step-Down
Transformer
Distribution
Lines
Meter
Meter Transmission
Customer
Energy
Storage
Market
Operator
Synchrophasor
Industrial
Residential
Commercial
IBM Confidential
ENERGY USE DISAGGREGATION
Energy usage can be disaggregated behind the meter
for all types of energy users - industrial, residential or
commercial. The goal is to not only be able to know how much
energy a single user has been consuming, but understand the
usage on a machine, appliance or singular entity level.
Research has shown that this data transparency leads to much
higher energy savings. In addition there is a trend in utility
regulation to require this capability for end users.
49. | I BM CONFI DENTI AL
Energy consumption for a given period:
Current Situation
Home Use
Smart Meter
Home Owner
Retailer
Consumption
Smart Meter
Charging of EV
Arrow = Energy Volumes
Grid
Connection
Home
50. | I BM CONFI DENTI AL
Energy consumption for a given period:
Blockchain-based EV charging
Home Use
Smart Meter
Lease Company
Energy Provider
Energy Blockchain
kWh Value =
Smart Meter - Blockchain
Consumption
Charging of EV
Car
Non-Gauget
IoT meter
Home Owner
Retailer
Virtual Meter
Smart Meter
IoT Meter
51. | I BM CONFI DENTI AL
Energy consumption for a given period
Charging of EV
Smart Meter
Home Owner
Retailer
Lease Company
Energy Provider
Energy Blockchain
PV
2nd Retailer
Consumption
Virtual Meter
Smart Meter
IoT Meter
Car
Home Use
Gen
52. | I BM CONFI DENTI AL
Step-Up
Transformer
Transmission
Lines
Substation
Meter Transmission
Customer
Coal
Gas
Nuclear
Energy
Storage
Petroleum
Aggregator
Industrial
Residential
Commercial
Energy
Storage
CHP
Transportation
DSM
Generator
Energy
Efficiency
Microgrid
Solar
SCADA
Control Center
Step-Down
Transformer
Distribution
Lines
Meter
Energy
Storage
Synchrophasor
D
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t
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E
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s
GENERATION TRANSMISSION DISTRIBUTION END USERS/EDGE
Solar
Wind
Geothermal
Biomass
Hydropower
Market
Operator
IBM Confidential
RENEWABLE ENERGY CREDITS
Trading platforms already trade renewable energy generation
credits from hydropower, wind energy, biomass plants, solar
or geothermal plants. Blockchain makes it easier to track
provenance of these credits as well as simplify audits and
enhance transparency. In addition, tokens can be created that
have an embedded carbon footprint offset, providing more
consumable and bankable credits.
53. | I BM CONFI DENTI AL
Current Guarantees of Origin processes
The current GO lifecycle is spread across multiple parties, systems and ledgers
Expensive
Every participant keeps
their own ledger, next to the current CertiQ ledger, with
their transactions. Not fully-automated processes.
Inefficient
Disputes because organizations use different ledgers.
Corrections of mistakes
Does not scale to small scale assets.
Vulnerable
Non-automated processes require
intensive auditing.
54. | I BM CONFI DENTI AL
Guarantees of Origin processes using blockchain
Blockchain captures the end-to-end process in one ledger. All parties work on the same data.
Transparent
Every participant keeps the shared ledger updated with
their relevant transactions.
Trustworthy
All participants agree on what information is stored
immutably on the blockchain and how.
Efficient
All participants share the same source of truth for their
operations.
Granular
Smaller decentralized sources of renewable energy can
receive GOs cost effectively.
With a private Blockchain, privacy between parties is ensured, and access is secure and controlled.
55. | I BM CONFI DENTI AL
Veridium “Verde” Carbon Offset Token
55
Transaction of tokens triggers
“emptying and refilling” of carbon
bank
Imagine as a “target” network for a
variety of green credits
56. | I BM CONFI DENTI AL
GENERATION TRANSMISSION DISTRIBUTION END USERS/EDGE
Energy
Storage
CHP
Transportation
DSM
Generator
Energy
Efficiency
Microgrid
Solar
D
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s
t
r
i
b
u
t
e
d
E
n
e
r
g
y
R
e
s
o
u
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c
e
s
Industrial
Aggregator
Coal
Gas
Nuclear
Energy
Storage
Solar
Wind
Petroleum
Geothermal
Biomass
Hydropower
SCADA
Control Center
Step-Up
Transformer
Transmission
Lines
Substation Step-Down
Transformer
Distribution
Lines
Meter
Meter Transmission
Customer
Energy
Storage
Market
Operator
Synchrophasor
Residential
Commercial
IBM Confidential
PEER-TO-(UTILITY-TO)-PEER TRADING
Peer-to-utility-to-Peer (P-U-P?) energy trading is a novel paradigm of
power system operation, where people can generate their own
energy from Renewable Energy Sources (RESs) in dwellings,
offices and factories, and share it with each other locally.
P-U-P acknowledges that utilities need to be involved in these processes
in some way, initially via P-U-P, eventually through a market utility
blockchain network. P-2-P could then enhance grid efficiency and
eventually, grid stability.
57. | I BM CONFI DENTI AL57
IBM Confidential
P-U-P First steps
21
IBM
Trading
Aggregation EMS/SCADA
Ancillary
Market
Incentive Exchange
Blockchain
Hyperledger
Flex
energy bid
Flex
energy bid
Activation
Signal
Activation
Signal
Flex
Monitoring
Power
Monitoring
Loyalty
Points or $
Energy
Coin
Flex Service Provider (utility) System Operator
Home
Owners
Financial
Services
Homeowners
58. | I BM CONFI DENTI AL
Meter
Meter Transmission
Customer
Solar
Industrial
Residential
Commercial
Energy
Storage
CHP
Transportation
DSM
Generator
Energy
Efficiency
Microgrid
Market
Operator
D
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s
AggregatorEnergy
Storage
Synchrophasor
Coal
GENERATION TRANSMISSION DISTRIBUTION END USERS/EDGE
Gas
Nuclear
Energy
Storage
Solar
Wind
Petroleum
Geothermal
Biomass
Hydropower
SCADA
Control Center
Step-Up
Transformer
Transmission
Lines
Substation Step-Down
Transformer
Distribution
Lines
IBM Confidential
CYBERSECURITY
The confluence of Blockchain and Cybersecurity is still new.
Device provenance for all RTUs and other monitored assets
in the transmission and distribution grids can be protected by
adding an additional security layer at the firmware level.
This will be intrusive in nature, but with threat levels
increasing this may be a solution that gains fast traction.
60. | I BM CONFI DENTI AL
Final thought – Verifying authenticity of assets at source
60
Combining AI and Optical
Imaging to codify
authenticity for use in
verification somewhere else
in the blockchain network
61.
62. Ray
DeMeo
Virsec
Co-Founder & Chief
Operating Officer
Lara
Pierpoint
Exelon
Senior Fundamental
Program Strategy
Manager
Craig
Watson
West Monroe
Partners
Senior Manager
Randy
Bishop
Gaurdtime
General Manager,
Energy
M
Questions? Enter them at: gtm.cnf.io #gridedge
Securing the Edge: Balancing Innovation
& Cybersecurity
63. John
Elliott
Lawrence Berkeley
National Laboratory
Chief SustainabilityOfficer
Ben
Sampson
GE Ventures
Director
Joseph
Aamidor
Aamidor
Consulting
Senior Product & Market
Strategy Consultant
The Past, Present & Future of Smart Buildings Vendors:
Offerings, Positioning & Value Propositions
M
Questions? Enter them at: gtm.cnf.io #gridedge