SlideShare a Scribd company logo
The future of clean energy
is on a green public ledger
April 2021
Jiro Olcott


CTO • Power Transition, Ltd
The Carbon Free Group
Guard Global
Power Transition
Hedera Hashgraph
• Zero-Carbon Construction

• Renewable Energy Technology

• Sustainable Development Consulting
• Full-stack Software Development

• Databases & Structured Data Reporting

• DLT-Blockchain Technologies
• 3rd Generation DLT

• SDK/HCS/HTS/MirrorNet

• Stable, Ultra Low Cost Microtransactions

• Stability, security, efficiency, governance
• Micro/Mini Grids

•Virtual Power Plants

•Tokenised Energy Economy

•Electric Vehicle Networks
2018
Green: DLT Partnership
The Green-DLT:


• Create the Trust Layer of the Digital Energy Economy


• Develop World Class Dapps Empowering Sustainable Commercial
Opportunities over an Enterprise Grade Network


• The Green-DLT must include:


• Energy efficiency


• Low and stable cost to run


• Strong governance


• Socially inclusive service


• Transparently report overall economic impacts by integrating
financial and non-financial values
Our Mission
708
79
0.0008
Ethereum: 900,000/ tx


more than Hedera


Bitcoin: uses a 8.7 million/tx


more than Hedera.
Energy Use Per Transaction
Ethereum: 3,600 costlier


than Hedera / tx


Bitcoin: 16,000 costlier


than Hedera / tx
Cost Per Transaction
Hedera is 700 times


faster than Ethereum


Hedera is 3,330 times


faster than Bitcoin
Speed of Transaction
Why Hedera Hashgraph: Speed & Efficiency
• Decentralised Governance


• Stability


• Mathematically proven enterprise-grade security


• Avoidance of Price Volatility & Value Concentration


• Proof of Stake (PoS) vs. Proof of Work (PoW)


• Always Fair


• Energy efficiency and long-term sustainability


• Holding decentralised value vs. an enterprise grade network running
mission critical applications?
Why Hedera Hashgraph: Security, Governance and Stability
• Network selection criteria


• Planning to report DLT-Blockchain/Cryptocurrency investments:


• Vote by miners running mining pools?


• Hedera Governing Council Members?


• Bitcoin and other cryptocurrency investments by corporate treasuries


• How much trading


• Reporting of energy consumption into SDG reporting?
Why Hedera Hashgraph: Accountability & Reporting
Affordable, stable
micropayments - even for
those without bank accounts
Create renewable
energy based
microgrids in
impoverished
communities
Hedera Governing Council all have strong
Sustainable Development Policies in place
Quantitative reporting of
UN Sustainable
Development Goals
Lowest energy
consumption of all major
public networks
UNGC 3-Pillars of Sustainable Development
• Renewable Energy Certification


• Quantitative CO2e reduction with reporting/trading/auction


• Evolution of energy democratisation


• Support evolution of decentralised energy networks


• Inclusion of those without bank account to afford electricity
Green-DLT: Our work with HCS + Mirror Node + HTS
Microgrid Manager provides:


• SET Banking and Accounting Facility


• Energy Aggregation & Brokerage Service
All Domestic and Commercial
customers buy and sell energy
using HTS SET:


• Fully fungible


• Tethered directly to local currency
Peer:*


• DNO/DSO


• DER


• Aggregator


• ESO


• Commercial/Domestic Prosumer
Microgrid VPP Model using HTS Smart Energy Tokens (SET)
Peer 1* Peer 2 Peer 3
TT


SET
TT


SET
TT


SET
Microgrid


VPP


Manager
TT


SET
TT


SET
TT


SET
Peer 4 Peer 5 Peer 6
DLT: IoT Integration
Renewable Energy Generation & Demand Sites Energy Service Value Chain Participants
Solar/Wind
Generation
Inverters
Battery/
Thermal
Storage
Smart
Meters
Heat
Pumps
EV
Charging
PT-DEC


IoT – DLT Controller
• Smart Meter Data: Import/Export


• BMS & Sub-Meter data


• DER Asset Registration and
Geolocation


• Total Site: Generation,


Consumption, Grid Purchased


• Demand Control


• Weather data:


real time & predictive


• Site Flex Capacity


• CO2eq emissions


• Renewable Energy Certification


• EV Charge Availability/Access


• Air Quality - NOx, SOx etc.
Smart


Energy


Tokens
Real-Time


Data Feeds
Global DLT Network
Distributed Energy Services


Microgrid Manager
Reporting


& Governance
EV Charging
Networks
Energy
Trading
Network
Support
Commercial


& Domestic
Microgrid


Services
Operators
Market Data
Services

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Hh pt green-dlt slides claudio-rev

  • 1. The future of clean energy is on a green public ledger April 2021 Jiro Olcott 
 CTO • Power Transition, Ltd
  • 2. The Carbon Free Group Guard Global Power Transition Hedera Hashgraph • Zero-Carbon Construction • Renewable Energy Technology • Sustainable Development Consulting • Full-stack Software Development • Databases & Structured Data Reporting • DLT-Blockchain Technologies • 3rd Generation DLT • SDK/HCS/HTS/MirrorNet • Stable, Ultra Low Cost Microtransactions • Stability, security, efficiency, governance • Micro/Mini Grids •Virtual Power Plants •Tokenised Energy Economy •Electric Vehicle Networks 2018 Green: DLT Partnership
  • 3. The Green-DLT: • Create the Trust Layer of the Digital Energy Economy • Develop World Class Dapps Empowering Sustainable Commercial Opportunities over an Enterprise Grade Network • The Green-DLT must include: • Energy efficiency • Low and stable cost to run • Strong governance • Socially inclusive service • Transparently report overall economic impacts by integrating financial and non-financial values Our Mission
  • 4. 708 79 0.0008 Ethereum: 900,000/ tx 
 more than Hedera Bitcoin: uses a 8.7 million/tx 
 more than Hedera. Energy Use Per Transaction Ethereum: 3,600 costlier 
 than Hedera / tx Bitcoin: 16,000 costlier 
 than Hedera / tx Cost Per Transaction Hedera is 700 times 
 faster than Ethereum Hedera is 3,330 times 
 faster than Bitcoin Speed of Transaction Why Hedera Hashgraph: Speed & Efficiency
  • 5. • Decentralised Governance • Stability • Mathematically proven enterprise-grade security • Avoidance of Price Volatility & Value Concentration • Proof of Stake (PoS) vs. Proof of Work (PoW) • Always Fair • Energy efficiency and long-term sustainability • Holding decentralised value vs. an enterprise grade network running mission critical applications? Why Hedera Hashgraph: Security, Governance and Stability
  • 6. • Network selection criteria • Planning to report DLT-Blockchain/Cryptocurrency investments: • Vote by miners running mining pools? • Hedera Governing Council Members? • Bitcoin and other cryptocurrency investments by corporate treasuries • How much trading • Reporting of energy consumption into SDG reporting? Why Hedera Hashgraph: Accountability & Reporting
  • 7. Affordable, stable micropayments - even for those without bank accounts Create renewable energy based microgrids in impoverished communities Hedera Governing Council all have strong Sustainable Development Policies in place Quantitative reporting of UN Sustainable Development Goals Lowest energy consumption of all major public networks UNGC 3-Pillars of Sustainable Development
  • 8. • Renewable Energy Certification • Quantitative CO2e reduction with reporting/trading/auction • Evolution of energy democratisation • Support evolution of decentralised energy networks • Inclusion of those without bank account to afford electricity Green-DLT: Our work with HCS + Mirror Node + HTS
  • 9. Microgrid Manager provides: • SET Banking and Accounting Facility • Energy Aggregation & Brokerage Service All Domestic and Commercial customers buy and sell energy using HTS SET: • Fully fungible • Tethered directly to local currency Peer:* • DNO/DSO • DER • Aggregator • ESO • Commercial/Domestic Prosumer Microgrid VPP Model using HTS Smart Energy Tokens (SET) Peer 1* Peer 2 Peer 3 TT SET TT SET TT SET Microgrid 
 VPP 
 Manager TT SET TT SET TT SET Peer 4 Peer 5 Peer 6
  • 10. DLT: IoT Integration Renewable Energy Generation & Demand Sites Energy Service Value Chain Participants Solar/Wind Generation Inverters Battery/ Thermal Storage Smart Meters Heat Pumps EV Charging PT-DEC IoT – DLT Controller • Smart Meter Data: Import/Export • BMS & Sub-Meter data • DER Asset Registration and Geolocation • Total Site: Generation, 
 Consumption, Grid Purchased • Demand Control • Weather data: 
 real time & predictive • Site Flex Capacity • CO2eq emissions • Renewable Energy Certification • EV Charge Availability/Access • Air Quality - NOx, SOx etc. Smart 
 Energy 
 Tokens Real-Time 
 Data Feeds Global DLT Network Distributed Energy Services Microgrid Manager Reporting 
 & Governance EV Charging Networks Energy Trading Network Support Commercial 
 & Domestic Microgrid 
 Services Operators Market Data Services