Use Case

Blockchain in energy & sustainability

How to use Blockchain to increase reliability and enable energy producers and consumers to use energy resources more efficiently.

Where: italy
Mission
Protecting the planet by optimising green energy exchanges. By 2035, half of our energy will come from renewable sources, and in about 35 years it will be carbon-free.
Solution
The solution is based on a common, immutable data structure that can manage and record "smart contracts" related to energy transactions and monitor CO2 emissions. The exchange is validated by a notarized procedure that guarantees energy in KWh and energy efficiency in the form of energy efficiency certificates. A solution that brings economic savings to users, makes their homes more efficient and rewards individuals' actions toward the environment in which we all live.
Actions
  • Using blockchain technology, enable solar energy producers (individuals or companies) to manage both the production and exchange phases in a secure, convenient and sustainable way.
  • Effectively regulate flows between renewable energy producers and consumers by receiving reliable information from grid nodes and ensuring other payment-related services.
Expected results

 

 

 

 

Improves quality of available data

 

 

Precise forecasting of energy needs

 

 

Combines business and sustainability

Technologies

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