Incentivize local renewable energy producers

Dr. Martin BergerDr. Andreas Szinovatz ITP Innovative Technologie Projekte GmbH

© Bente Stachowske / Greenpeace

Global warming is a fact!

Source: Redrawing the Energy-Climate Map, World Energy Outlook Special Report, International Energy Agency (IEA), Juni 2013

Photovoltaic – leader of renewables

Source: Aktuelle Fakten zur Photovoltaik in Deutschland, Fraunhofer ISE, April 2016

WaterBiomassWindPhotovoltaic

Inst

alle

d P

ow

er [

GW

]

Foto: Roto, wohnen-magazine.de

Decreasing motivation to feed-in in Germany

More self-consumption

Less production & feed-in

Reduced positive impact on network & climate

Feed-in remuneration

8.5-12.3 Cent/KWh

Production costs 10-14 Cent/KWh

Electricity price 29

Cent/KWh

Decreasing motivation to feed-in in Germany

More self-consumption

Less production & feed-in

Reduced positive impact on network & climate

Feed-in remuneration

8.5-12.3 Cent/KWh

Production costs 10-14 Cent/KWh

Electricity price 29

Cent/KWh

Local grid via blockchain & smart contracts

Producer Producer

Producer

ConsumerConsumer

Consumer

Assumption

Consumers are willing to pay a higher price for renewable energy provided by local producers.

Feed-in of producer Anna is blockchainified

Her smart meter measures the feed-in supply and publishes it to the blockchain

Anna feeds in and receives usual feed-in remuneration

Anna monitors stats of her contributed energy on her mobile

ProducerAnna

Consumer Tom supports a local grid

Tom consumes the energy of his energy provider as usual

He donates a monetary supplement to the local grid in form of cryptocurrency

His supplement is transferred to a pay-in addressmanaged by the local grids smart contract

ConsumerTom

The smart contract of a local grid

The smart contract distributes the total pay-in of the consumers in proportion to the provided energy to the payout addresses of the producers

contract LocalGrid {

struct Producer {

address addr;

uint amount; // produced KWh since last payout

}

mapping (uint => Producer) producers;

...

address public balance;

uint public nextPayoutTime;

uint public donationPeriodInDays = 30;

...

function addConsumerDonation(uint amount) { ... }

function receiveProduction(uint producerId, uint amount) { ... }

function payout() { ... }

}

Consumers

• Contribution to climate protection

• Support local producers

• Flexible

• Transparent

• Easy

Producers

• Monetary supplement

• Minimal overhead costs

Energy System

• Minimally invasive

• No new infrastructures

Benefit

Figures for Germany

0,5% German households

donate 13% on top of monthly electricity bill

(11 €)

5% of German PV plants

become local grid producer

5% = 354 €yearly surplus for producer

40.2 Mio Households 1.5 Mio PV plants 26.5 Mio €

Roadmap

Month 1 2 3 4 5 6 >=

Plan

Build

Run

Idea

Technology decisions

Define join/leave process

Legal implications

Marketing strategy

Friendly customer

Funding

Partner

Product roadmap

Pilot

Rollout

Operations

1st Prototype

Smart meter integration

Mobile app development

Design of smart contract

Blockchain integration

1. Plan

3. Run

2. Build

The team

Dr. Andreas Szinovatz

CEO

Computer Scientist, Founder, Visionary

Dr. Martin Berger

Head of R&D

Mathematician, Bitcoiner, Allrounder

www.itp-world.com

Andreas Deil

Lead Developer

Physicist, Linuxer, Perfectionist