An EDF Energy-backed community energy trading pilot is to start next month, allowing residents of a Brixton estate to trade solar energy between each other.Project CommUNITY, as it has been dubbed by EDF’s R&D division, will see the French energy firm collaborate with community renewables firm Repowering London and University College London’s Energy Institute to
IT and tech giant Fujitsu has unveiled a blockchain-powered, demand side response technology designed to allow energy trading between energy consumers.The technology has been designed first and foremost to allow collaboration between utility firms and consumers to control the amount of electricity which is used during peak times. The system works by allowing power surpluses,
As the cost of solar panels, wind generation and battery storage falls, individual households and consumers are increasingly generating their own electricity, becoming less reliant on the power grid.
According to a recent report, Bitcoin mining could account for as much as 0.5 percent of global electricity demand by the end of 2018. “Mining” is the process by which a global network of computers verify Bitcoin transactions, and running all of those computers uses a lot of energy. As electricity demand for mining Bitcoin
Energy regulators must address the rise of bundled distributed generation technologies, EV charging infrastructure and cyber security or risk impeding the clean energy transition, a new report from the Council of European Energy Regulators has said.The report, published last week, identifies five particular trends that stand to shape the emerging future energy market. The CEER
The world is rapidly turning to renewable energy and it’s going to see communities empowered. In the UK, renewables produce more than 20 percent of the UK’s electricity, and EU targets mean that this is likely to increase to 30 percent by 2020.
SolarCoin is a cryptocurrency created in 2014 to encourage solar energy generation for commercial solar producers and individuals with solar panels installed.