How Blockchain Could Give Us a Smarter Energy Grid

How Blockchain Could Give Us a Smarter Energy Grid

“On an electricity grid, electrons generated from the sun, wind, or other renewable sources are indistinguishable from those generated by fossil fuels. To keep track of how much clean energy is produced, governments around the world have created systems based on tradable certificates.

Problem is, the way we manage these certificates “sucks,” and it’s holding up investment in renewable power, says Jesse Morris, an energy expert at the Rocky Mountain Institute. A new system based on blockchain, the technology at the heart of Bitcoin and other digital currencies, could fix this, he says…”

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https://www.technologyreview.com/s/609077/how-blockchain-could-give-us-a-smarter-energy-grid/

https://www.technologyreview.com/s/609077/how-blockchain-could-give-us-a-smarter-energy-grid