This document discusses utilizing blockchain technology to create carbon credits for electric vehicle drivers under California's Low Carbon Fuel Standard program. It describes how blockchain could simplify the automated generation and validation of carbon credits for EV charging sessions, as well as facilitate a decentralized marketplace for buyers and sellers to trade credits. The key benefits of blockchain include creating an immutable record of credit generation, enabling automated smart contracts to calculate credits, and reducing verification steps through a digital settlement process. Lessons learned emphasize that blockchain solutions require a growth mindset and specialized development skills, and must be engineered as custom solutions adapted for specific government programs.
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.
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.
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.
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.
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.
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.
At Automechanika in the Middle East, Vishal Pandey – the founder Glasgow Research & Consulting – delivered a keynote presentation on the latest trends in the global and regional automotive market, and their impact on the aftermarket segment.
At Automechanika in the Middle East, Vishal Pandey – the founder Glasgow Research & Consulting – delivered a keynote presentation on the latest trends in the global and regional automotive market, and their impact on the aftermarket segment.
Learn how to make smart assets to improve operational efficiencies.
Capitalize on the value of IoT tank monitoring solutions and improve your organization's visibility, actionability, and profitability.
EEI Strategic Issues Forum - Integration of DER: California and New YorkScottMadden, Inc.
Cristin Lyons, partner and grid transformation practice leader at ScottMadden, recently presented, "Integration of DER: California and New York," at the EEI Strategic Issues Form.
California and New York are leading the country in integrating Distributed Energy Resources (DER); however, their approaches are different. It’s worth understanding some of the nuances of their respective proceedings and to clarify what they are (and are not) trying to accomplish. Each will provide unique lessons to both utilities and regulators that are attempting to integrate ever-increasing amounts of DER.
For more information, please visit www.scottmadden.com.
Inflation Reduction Act (IRA) Sparks New Opportunities in 2023.pdfGuillermoSigala
The Inflation Reduction Act of 2022 is the most significant landmark climate legislation that provides funding, programs, and incentives to facilitate the transition to a clean energy economy in the United States. These incentives include tax credits, grants, and other financial incentives to reduce air pollution and increase energy efficiency.
This bill has triggered a shift in investment strategies on Wall Street, as investors scramble to take advantage of the new opportunities created by the legislation. With the promise of significant funding and incentives, the bill is poised to drive innovation and spur economic growth in the green technology sector. The bill is fundamentally changing the landscape of the Carbon Economy in the U.S and encouraging further developments of other countries green initiatives, such as in the EU. The financial industry is undergoing a significant shift towards green investments, spurred by the new IRA Bill. Institutional investors are trying to leverage the opportunities created by the bill to identify the clean technologies that are best placed to benefit. According to Hugh Gimber, a global market strategist for JPMorgan, the US is now spending a record 1.5% of its GDP on climate initiatives, overtaking the EU at 1%.
The SmartWay® Program is a public-private initiative to reduce greenhouse gas emissions and air pollution created by freight transportation in corporate supply chains.
Presenters included:
- Tim Verbeke, Wisconsin Clean Cities
- Patrice Thornton, SmartWay Program
- Joel Hirschboeck, Kwik Trip
Mitigating the Cost of Empty Container Re positioning through the Virtual Con...CINEC Campus
Empty container re positioning is a fundamental problem faced by the shipping industry. The virtual container yard is a novel strategy underpinning the container interchange between carriers that could substantially reduce this ever-increasing shipping cost. This paper evaluates the shipping industry perception of the virtual container yard using chi-square tests. It examines if the carriers perceive that the selected independent variables, namely culture, organization, decision, marketing, attitudes, legal, independent, complexity, and stakeholders of carriers, impact the efficiency and benefits of the virtual container yard. There are two major findings of the research. Firstly, carriers view that complexity, attitudes, and stakeholders may impact the effectiveness of container interchange and may influence the perceived benefits of the virtual container yard. Secondly, the three factors of legal, organization, and decision influence only the perceived benefits of the virtual container yard. Accordingly, the implementation of the virtual container yard will be influenced by six key factors, namely complexity, attitudes, stakeholders, legal, organization and decision. Since the virtual container yard could reduce overall shipping costs, it is vital to examine the carriers’ perception of this concept.
Kundcentrera och anpassa end-to-end processer kring mobilitet, molnet, sociala medier och big data.
Titta närmare på: Big Data (http://www-03.ibm.com/software/products/sv/category/SWP10), BPM (http://www-03.ibm.com/software/products/sv/category/BPM-Software), Social (http://www-03.ibm.com/software/products/sv/category/SWD00)
GIZ support mechanism for RE development in VietnamTuong Do
Hanoi, 19/09/2014
Ingmar Stelter, Program Manager
Werner Kossmann, Chief Technical Advisor
GIZ Viet Nam Energy Support Program
Energy Sector Development Partners Coordination
Research Keynote: Demystifying Mexican Large-Scale Renewable Development in t...Jill Kirkpatrick
With this keynote research presentation co-presented by Wood Mackenzie’s Latin America solar and wind experts, we will break down the implications of the auction cancellation, measuring how its shockwaves will condition investment and project finance in the short-and-mid-term (in current project portfolios).
The presentation will include our forecasts for solar and wind project pipelines past 2020.
Case Study: How ComEd Is Implementing Blockchain to Enhance DER User Security...Jill Kirkpatrick
ComEd is leading efforts to demonstrate how blockchain technology can enhance grid operations, including supporting the secure interconnection of distributed energy resources (DER), enabling interactions within and between microgrids, as well as exploring its potential to support energy efficiency mechanisms. It is presently working with universities and startups on projects that are being demonstrated in its Grid of the Future Lab.
This platform is being developed for managing the interconnected edge devices including DERs to grid, with technology based on blockchain-based distributed architecture to identify and ensure the security of the distribution system. This presentation will showcase ComEd's progress on the project.
Case Study: A Platform Fit for the Future – Coupling the Physics and the Econ...Jill Kirkpatrick
This case study presented by Faraday Grid's CTO will show the capabilities of the Faraday Grid’s Exchanger technology and its systemic benefits in the context of changing energy generation and demand.
Breakfast Briefing: Mapping Out the Investment and M&A Landscape for Grid Edg...Jill Kirkpatrick
The disclosed amount of investments reached a historic high in 2018, but the deal count was lower than previous years.
This Wood Mackenzie Power & Renewables breakfast briefing will summarize major investment and M&A 2018 trends, while providing an update on venture capital, private equity and M&A activity on the first half of 2019.
Research Presentation: What’s Next for Customer Energy Management?Jill Kirkpatrick
With customer adopting smart technologies at an accelerating pace, utilities are making use of connected devices, such as smart thermostats, plug load solutions, solar + storage and grid-interactive water heaters.
This Wood Mackenzie Power & Renewables research presentation will explore what are the key benefits of these deployments, and which barriers to adoption persist.
Closing Roundtable Discussion: From Commodity Providers to Digital Service Co...Jill Kirkpatrick
The rise of AI, digital twin simulation, voice interaction and other digital advancements is providing utilities with the tools to better serve a proactive, liquid customer.
The impact of these transformations goes beyond customer experience, deeply transforming utility business models, and signaling the path to the future of the utility-consumer relationship.
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
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.
"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.
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.
Diabetes is a rapidly and serious health problem in Pakistan. This chronic condition is associated with serious long-term complications, including higher risk of heart disease and stroke. Aggressive treatment of hypertension and hyperlipideamia can result in a substantial reduction in cardiovascular events in patients with diabetes 1. Consequently pharmacist-led diabetes cardiovascular risk (DCVR) clinics have been established in both primary and secondary care sites in NHS Lothian during the past five years. An audit of the pharmaceutical care delivery at the clinics was conducted in order to evaluate practice and to standardize the pharmacists’ documentation of outcomes. Pharmaceutical care issues (PCI) and patient details were collected both prospectively and retrospectively from three DCVR clinics. The PCI`s were categorized according to a triangularised system consisting of multiple categories. These were ‘checks’, ‘changes’ (‘change in drug therapy process’ and ‘change in drug therapy’), ‘drug therapy problems’ and ‘quality assurance descriptors’ (‘timer perspective’ and ‘degree of change’). A verified medication assessment tool (MAT) for patients with chronic cardiovascular disease was applied to the patients from one of the clinics. The tool was used to quantify PCI`s and pharmacist actions that were centered on implementing or enforcing clinical guideline standards. A database was developed to be used as an assessment tool and to standardize the documentation of achievement of outcomes. Feedback on the audit of the pharmaceutical care delivery and the database was received from the DCVR clinic pharmacist at a focus group meeting.
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.
4. Page 4GTM Conference | Batir and Pease | 25 September 2019
LCFS OVERVIEW
The California LCFS program seeks to reduce the carbon intensity of transportation fuels by 20 percent by 2030.
There are two categories of regulated parties
• Opt In: Suppliers of low carbon transportation fuels, like biofuel refiners, electricity and natural gas
suppliers
• Mandatory : Petroleum fuel producers within California (refiners) or importers of a refined petroleum
product
Carbon intensity is technology neutral and based on:
• Full lifecycle including direct and indirect emissions
• Tailpipe + production + distribution + land use change
Carbon Credit
marketplace
Credit generation
from electric
vehicle
5. Page 5GTM Conference | Batir and Pease | 25 September 2019
CALIFORNIA LOW CARBON FUEL STANDARD PROGRAM
Gasoline Fuel
Emissions
ARB Emissions Threshold (CO2 /MJ)
Electric utilities generate LCFS credits for
every kWh of electric fuel they dispense to
electric vehicles, in an amount equal to the
difference between the ARB emissions
threshold
Grid
Electricity
Average
Emissions
Oil Refineries are responsible for
purchasing credits equal to the amount
they exceed the ARB emissions limit
Smart
Charging
Renewable
Energy
Credit
Matching
California Grid Average Emissions (CO2/MJ)
7. Page 7GTM Conference | Batir and Pease | 25 September 2019
BENEFITS OF BLOCKCHAIN
Credit generation
Blockchain simplifies credit generation, validation, and marketplace verification through a decentralized ledger
Validation Marketplace
• Track all charging sessions in an
immutable ledger
• Calculate LCFS credits
automatically through smart
contracts
• Incorporate multiple vehicles
across a fleet with a decentralized
infrastructure
• Provision of audit trails is inherent
to blockchain ledger architecture
• Validate credits for a wide array of
stakeholders
• Reduce manual verification steps
through digital settlement process
• Aggregate buyers and sellers
without intermediaries
• Permit smaller players to
participate in ecosystem
8. Page 8GTM Conference | Batir and Pease | 25 September 2019
APPLICATIONS OF LCFS BLOCKCHAIN
A variety of solutions exist in credit generation and marketplace use cases
Automated calculations of LCFS credits for
Metered data
Data from various inputs include telematics, meter,
Inverter, RECs, etc.
Charge events tied to unique IDs
without exposing PII data
Auditability features for CARB
Facilitate transactions of LCFS credits between
buyers and sellers
Counterparties transact without intermediaries
Entities can aggregate counterparties
at larger volume
Contracts are digitized, providing a virtual footp
versus paper trails and email attachments
Carbon Generation Marketplace
9. Page 9GTM Conference | Batir and Pease | 25 September 2019
04
HOW THE SMART CONTRACT WORKS
10. Page 10GTM Conference | Batir and Pease | 25 September 2019
HANDLING DISPUTES
Smart contracts handle conditional logic and permit state changes
Make contract
Credits go in
Transaction
contract enter
challenge
period
Contract in
Dispute State
Credits
released
Buyer
receives
credits
Seller
receive
creditsAgreement
recorded //
Seller ignores
Buyer agrees to
contract
Seller disputes
sent payment
CARB resolves
CARB resolves
Seller resolves
dispute
11. Page 11GTM Conference | Batir and Pease | 25 September 2019
CALCULATING CARBON CREDITS
Carbon emission and credit calculation transparency improve audit efficiency
Seller
receive
credits
Simplicity is key, complexity a myth
• Aggregate ”Most Important
Variables” in a Request structure
• vehicle telematics ( kiloWatts /
Hour)
Store LCFS credit calculation inputs
to promote radical transparency
• Simplifies audit trail
• Minimizes uncertainty about how
final LCFS credit was computed
• Calculation is publicly available
13. Page 13GTM Conference | Batir and Pease | 25 September 2019
LESSONS LEARNED
There is potential for blockchain systems to accelerate renewable energy initiatives
You need a growth mindset for your company to succeed in blockchain adoption. Web3 development
skills are rare, in demand, and different from traditional web development roles.
Must be mindful to engineer custom solutions, in order to adapt abstract blockchain solutions for
concrete, government sponsored green programs
Innovation, can be accelerated by combining small, “loonshot” specialized development teams with
larger organizations that possess the resources, capital, and an addressable business needs.
Editor's Notes
Outside of test driving race cars, I think we have the best job at BMW
We are a small team at a small office in Silicon Valley, thousands of miles from the Munich headquarters
We do technology scouting and proof of concepts
For over a year, we’ve been exploring use cases of blockchain along with our local northern CA utility, PG&E
In the next few minutes, I’m going to explain the context of the renewable energy for transportation fuel program we want to augment with blockchain technologies, my colleague Sean is going to tell you about the use cases we found, the challenges we faced, and the lessons we learned along the way
But first, we actually have a short video on the project to kick things off
2
At the end of the day, our goal is to tie the credits generated by every EV charging more directly into the LCFS program and ultimately aggregating into a carbon credit marketplace