My EV, Your PV — Or The Other Way Around?
Will future solar homes and EV owners be able to tango?
Will future solar homes and EV owners be able to tango?
Centrica and LO3 have collaborated to put together a local energy market trial in Cornwall, England. Blockchain technology will be used to create a peer-to-peer energy trading platform. Solar power and energy storage will also be integrated into the local energy trading system.
A New York-based energy project built on blockchain is currently attempting to create peer-to-peer marketplaces for distributed energy. As the global energy market is still trapped in a previous era and needs an urgent and thorough redesign, the Brooklyn Microgrid could be a game changer.
In Brooklyn, you can buy honey collected from an urban bee hive. You can buy lettuce grown atop an old bowling alley. And now, you can purchase free range, gluten free, fresh, organic solar power right off your neighbor’s roof.
Just about everyone agrees that the way to provide a more secure, and low cost grid, is to focus on localised energy, featuring local power and sharing – a concept that Orsini describes as “transactive energy.”