Blockchain Grid

Based on blockchain technology, retrieval of flexible capacities in distribution grids.

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©Green Energy Lab
©Green Energy Lab

The increasing number of producers of renewable energy and of new consumers within the energy grid, such as electric vehicles, creates a challenge in low-voltage electrical grids.

The “Blockchain Grid” project investigates the question of how electricity produced by various producers on the basis of fluctuating renewable energy sources can be optimally fed into the grid by using a flexible system of free grid capacities. The aim is to develop an application that allows users to autonomously share free network resources among themselves. Blockchain technology, in which data is managed decentrally and end users can thus actively participate in the energy system as “prosumers”, is very suitable for such endeavours.

The first step is to analyze technical and organizational requirements that enable the sharing and control of excess capacity. In a low-voltage grid in Heimschuh in Styria, the development of a blockchain-based power distribution is being tested under real conditions. Particular attention is also being paid to the creation of an appropriate legal framework.
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Video about the project:

 
https://www.youtube.com/watch?v=UzOR9eoalmg

 

 

Contact

Gregor Taljan
T: +43 664 6162717
E: gregor.taljan@e-netze.at

Project key facts

Duration
01.11.2018 - 31.03.2021

funding program
Flagship region Energy

Project type
Cooperation project experimental development

Project budget
1.182.892 €

Project management

Energienetze Steiermark GmbH

The following model solutions are being developed in the Blockchain Grid project:

BLOCKCHAIN-BASED PEER-TO-PEER TRADING
BLOCKCHAIN-BASED BATTERY STORAGE
BLOCKCHAIN-BASED MANAGEMENT OF NETWORK UTILIZATION

Media reports on the project

Blockchain grid in the fast lane

The increasing number of generators from renewable energy - for example, through own photovoltaic systems - and consumers, such as electric vehicles, are creating new challenges in low-voltage electrical grids.

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Doing laundry with the neighbor's electricity

In future, people will be able to sell their own solar power in local energy communities. A practical test will start in Styria in November.

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Green Energy Lab: Cleaner solar power, lower costs

A Styrian technology project is playing out the future of innovative electricity markets: more clean electricity that costs less - and could even prevent blackouts in the future.

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