German Energy Agency Taps Decentralized Tech To Accelerate Energy Transitionbr>
Energy Web (EW) has been selected by Deutsche Energie-Agentur (DENA), Germany’s federal energy agency, to design and construct a digital registry for distributed energy resources (DER) across Germany in partnership with more than 20 industry players.
Energy Web is a global, member-driven nonprofit accelerating a low-carbon, customer-centric electricity system by unleashing the potential of blockchain and decentralized technologies. EW focuses on its open-source, decentralized, digital technology stack — the Energy Web Decentralized Operating System (EW-DOS) — to enable any device, owned by any customer, to participate in any energy market. Last year, EW launched the Energy Web Chain, the world’s first enterprise-grade, public, open-source blockchain platform tailored to the sector’s regulatory, operational, and market needs.
EW’s project in Germany will reportedly enable energy assets in the country, such as thermostats, solar PV systems, batteries, and electric vehicle charging stations to undertake automatic registration with a decentralized ledger of identities, allowing their utilization by the German grid for a range of services such as virtual power plants and frequency regulation.
According to EW, it will be leading the technical solution for the blockchain machine identity ledger (BMIL) project, one of the three major pilot projects of the Future Energy Lab, DENA’s umbrella for several nationwide digital innovation initiatives spanning blockchain and artificial intelligence (AI). The BMIL project partners include Parity Technologies, BOTLabs, Riddle & Code, and 50Hertz. The group has already kicked off and started to design and implement the technical solution.
The prototype solution will leverage the EW-DOS. The solution will be the world’s first energy blockchain project to leverage a multi-blockchain architecture. It will use the Energy Web stack alongside the Parity Substrate client and the KILT Protocol for digital identity.
“There are still a number of tasks ahead of us for the successful implementation of a decentralized and digital energy system,” said Philipp Richard, energy systems and digitization lead at DENA. “Digital identities are very important to ensure that the automatic exchange of information from millions of producers, storage systems, and consumers is secure and reliable. One promising solution is an identity ledger that is being tested on blockchain technology. It could provide great insight into constructing a digital market design.”
Jesse Morris, CCO of Energy Web, said that the project is an incredible development, not just for Germany but for the global energy sector.
“Now we have the power sector of the fourth-largest economy in the world taking decisive steps toward a digitalized, decentralized future,” Morris said.