Smart Energy & Utilities
Together with Engineering, the Italian trading company created a system to support transactions of energy produced from renewable sources. Combining business and sustainability
Provide 100% green energy for the benefit of the community and the environment
A blockchain-based banking system with a shared and immutable structure
Manage energy transactions carried out in compliance with CO2 emissions
Renewable energy, a growing market
The sustainable innovation of Enegan
Maurizio Castagna, Enegan’s Research & Development Manager, explains: “We have chosen to use only green energy for a specific purpose: saving the planet”.
A challenge that the company decided to face by relying on new technologies. Together with Engineering, the trader launched an Energy Bank. Thanks to the use of Blockchain technology, the Energy Bank platform enables those who produce solar energy (private or company) to manage both the production and the exchange phases in a safe and convenient way, making the place they live or work in more efficient, while respecting our ecosystem.
As Maurizio Castagna continues to explain: "We have created a new way of conceiving the electricity supply service: hence, our customers can consume energy through actions that bring benefits to the community and the environment”.
Benefits of Blockchain for energy trading
Thanks to this approach, Enegan can effectively account for the flows between those who produce and make available renewable energy and those who use it, by obtaining reliable information from the nodes that are part of the users' network and, at the same time, guaranteeing further payment-related services.
Improved quality of available data
Precise forecasting of energy needs
Optimal use of energy
AI & Advanced Analytics
Engineering Energy & Utilities Business Unit Research & Innovation