Japan Fukushima is about to carry out block chain “smart grid” test

nnnAdventure: Japan’s energy company Eneres will use the block chain for transmission testing, in Fukushima’s 1,000 families to participate in the test. The aim is to explore new sustainable energy sources, build smart grids, and allocate, manage and monitor electricity through block-chain technology. To achieve more efficient energy deployment and use within the grid. And collects relevant data from the block chain for system analysis and upgrades.n
nnTranslation: Annie_Xun
nJapan’s energy company Eneres will showcase the potential of grid-based technology.n
nBlock chain power gridn
nOn Sept. 2, Nikkei Asia commented that energy company Eneres would use block-chain technology for power delivery testing. This is part of the Fukushima local government’s exploration of new sustainable energy sources. Its potential benefits are prominent, as Eneres president Masahiro Kobayashi said, “may bring new power services.” Earthquakes in 2011 caused three nuclear reactors to explode, so officials were keen to find energy alternatives.n
nElectricity “shared economy”n
nNearly 1,000 families in Fukushima and Nakamura Roundup will participate in the test, with the aim of seeking redundant power sharing. Solar and other power generation equipment will be used for the most demanding resources. So the output of excess electricity to the family will be the energy cycle, stable power grid.n
nEneres will work with Aizu’s software company, Aizu Laboratory, to monitor energy transactions using block chains. If successful, this test will show how the family uses the encrypted currency to trade electricity.n
nVirtual power stationn
nEneres intends to use the chain chain to bundle these families together to commercialize such transactions, in fact, to create “virtual power plants.” During the test, the “smart patch panel” monitors the energy supplier, which is 5cm high and wide low-power wiring board. The wiring board is distributed to the participating families and collects data on the use of electricity in each household. Eneres and Aizu can disconnect the power remotely when the power supply can not meet the demand. Block chain manages all data.n
nLO3 Energyn
nNew York-based energy technology company LO3 Energy has launched a similar energy market based on block chains. As with the Eneres project, the TransActive Grid aims to “real-time local power generation and usage measurements, as well as some other data, on transparent, auditable, undeniable, peer-to-peer, encrypted open energy platforms.”n
nAt the end of 2016 German multinational group Siemens began working with LO3 Energy, hoping to copy and improve the block chain in the micro-grid and smart city applications. “We are not letting public utility companies lose their jobs, but want their business models to be upgraded,” said Lawrence Orsini, founder of LO3, at the Massachusetts Polytechnic “Business of Blockchain” conference in April 2017.n

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