Energy: The usecase could be a wind energy farm connected to a central monitoring system, for transfer of energy from farm to the grid. Each alternator in the farm has it's own output and instrumentation to assess the wind energy. So an energy balance accounting all the way to the grid, with other sources of all such transactive energy, which are produced by consumers (prosumers) can be blockchained as has been described
"Information that can go on to the blockchain includes the amount of energy being generated, time, location, source, whether the home has switchable devices, etc. And as more and more people join the market it builds up community microgrids, both virtual and real."
Reference:
What is the value of blockchain to the energy sector?
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What is the value of blockchain to the energy sector? |
Conceptually the future power system is quite straightforward, with the growth of distributed generation at homes and businesses, the emergence of new players such as prosumers and new ways for them to interact with the system, aided and abetted by a new generation of service providers. |
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Large consumers like the Railways can become providers, returning excess energy recovered from braking of locos and trains or from solar plants on top of railway coaches and the space between railway platforms, can all be accounted on the blockchain. In India's large railways this has a major benefit in implementation.
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surojit mukerji
Ericsson Global Services, India
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Original Message:
Sent: 05-19-2017 08:29
From: Daria Khorkunova
Subject: Blockchain
I have a few questions in regard to blockchain. Specifically, what is the applicability of Blockchain technology to the current IoE/IoT projects and which problems can it solve? I'd be interested to hear about specific applications of Blockchains when integrated with IoE/IoT (machine-to-machine payments, peer-to-peer energy, etc.)?
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Daria Khorkunova
RWTH
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