November 8, 2019
Another utility is jumping on the blockchain bandwagon.
Illinois electric utility ComEd is partnering with a California developer called Xage to test how its blockchain-based software might help the utility manage an increasingly complex distribution grid.
As customer-owned solar and storage becomes more common, electricity is more often flowing in multiple directions. Utilities are looking for better ways to securely track and verify how electrons are moving around on the system.
The information will be critical to ensure owners of distributed resources are fairly compensated and can exchange energy securely with other resources on the grid.
For the rest of the story visit: Tool to manage complex grid