What: Interview with LO3 Energy And National Grid On The Use Of Blockchain In The Future Energy Market
Summary: Blockchain is a decentralized ledger technology driven to publicity by cryptocurrencies. In this conversation recorded at SolarWakeup Live! New York, Yann speaks with Lawrence Orsini, CEO of LO3 Energy, and Mathew Sachs from National Grid.
SolarWakeup View: Blockchain is a new and early concept to the solar market. The Brooklyn microgrid is a pilot project that uses the concept of blockchain within an existing power marketplace. Overproduction of solar generation is delivered in power market credits to willing buyers. It can be sketched out how a distributed ledger within the blockchain can be the de-regulated version of net metering, matching overproduction with other energy consumers without having to have people in the middle of it.