blockchain technologies in the energy system · – bad: performance, any program logic beyond icos...

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Blockchain Technologies in the Energy System Michael Merz On behalf of the EDA Project

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Page 1: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

Blockchain Technologies in the Energy System

Michael Merz

On behalf of the EDA Project

Page 2: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

What Type of Blockchain?

1. Crypto Currencies– Good: transfer and storage of value (Bitcoin, Dash, Zcash, …)

– Bad: any other application

2. Smart Contracts– Good: Crowdfunding, Co-Finance, ICOs (Ethereum)

– Bad: performance, any program logic beyond ICOs

3. Blockchains for B2B Integration– Good: Communication, data storage, integrity, consensus (HyperLedger, Tendermint,

BigChainDB, …)

– Bad: low level of application support

4. IoT Blockchains– Good: Connect a huge numbers of devices, less consensus, less integrity (IOTA, …)

– Bad: only available for a few months

2

Page 3: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

Gridchain - Austria

Participating regions

• DSO / TSO Harmonisation

• Balancing Process• Congestion

Management

3

Page 4: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

GridChain –TSO / DSO Process Synchronisation

4

TSO

DSO DSO DSO DSO

Gen. Gen. Gen. Gen. Gen. Gen. Gen.

Aggregator

TSO requests balancing power from aggregators, which in turn activate load at local generators. DSOs are informed after the fact.

CHP Gen.Gen.

50 MW

5 MW

AvailableCapacity: 2 MW

5 MW

2 MW

Supplier

BGR

BGR

Page 5: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

GridChain –TSO / DSO Process Synchronisation with Blockchain

5

TSO

DSO DSO DSO DSO

Gen-2 Gen-3 Gen-4 Gen-5 Gen.-6 Gen-7 Gen-8

Aggregator

CHPGen.Gen-1

. . .

50 MW

Kapa: 2 MW Kapa: 5 MW Kapa: 6 MW

5 MW – Gen-15 MW

5 MW5 MW5 MW

Sperr-Flag!

5 MW – Gen8

OK!

OK!

Page 6: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

The Enerchain Project„The world‘s first commodity trading platform over the blockchain“

6

Challenges:- Technology- Governance- Regulation (MTF? OTF?, …)

Page 7: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

Enerchain – 43 Participants

4 Logos not shown

„Enerchain is probably the mostinnovative project in the world ofenergy“

Ernesto Ciorra, Head of Innovation, ENEL

„Der Großhandel von Strom und Gas bietet einen klaren Anwendungsfall,

um konkrete, praktische Erfahrungen mit dieser Technologie zu sammeln“

Kilian Leykam, Vattenfall

“The possibilities with the Enerchainare endless: over-the-counter trading, balance group management, wholesale trading and much more.

Solarplaza Guide to Companies involved in Blockchain & Energy

Page 8: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

Residual Load Supplier

-€

-

€-

-

P2P Trading betweenProsumers and Consumers

• Challenges:– GDPR / Data protection

– Energy Law (EnBW, …)

– Business model

Page 9: Blockchain Technologies in the Energy System · – Bad: performance, any program logic beyond ICOs 3. Blockchains for B2B Integration – Good: Communication, data storage, integrity,

Thank you!More Information on Enerchain & Gridchain: http://enerchain.ponton.deMichael Merz [email protected]

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