US Department Of Energy Awards $1.05M Grant To Create Blockchain-Based Transactive Energy Platform

Blockchain, Innovation, News | August 12, 2019 By:

Four organizations have received a $1.05 million grant from the US Department of Energy’s (DOE) Office of Science to commercialize a blockchain-based transactive energy platform.

According to a press release, energy company ComEd, the University of Denver, Virginia Tech and software specialist BEM Controls will use the funding to create an energy Internet that will enhance building energy management and benefits to occupants.