Research Project
PlatOne: Blockchain for the energy network
With blockchain technology we guarantee energy flexibility and safe monitoring of consumption by putting the user at the heart of the network
Where: italy
Where: italy
Challenge
The energy transition demands innovative tools. With the growing utilization of renewable energies, characterized by variable energy production along with increasingly unpredictable consumption patterns, there is a need for enhanced monitoring and network flexibility.
Approach
In response to this challenge, Engineering participates to the design and development of PLATform for Operation of distribution NEtworks - a project that aims to increase the flexibility of the energy network to cope with the variability of supply and demand for electricity. PlatOne will follow a "user centric" approach, placing users at the centre of the network and exploring their needs and expectations.
Digital Ecosystem
Solution
Digital Ecosystem
Platone will be coordinated by RWTH Aachen University in Germany and Engineering is leading the design and development of a technological solution based on Blockchain, which can optimise the energy network by adapting it to the ever-increasing penetration of energy from renewable sources and from electric heating, cooling and mobility systems. Engineering plays a significant role in creating the Blockchain-based platform. We will elaborate on the general requirements and architecture design, define platform specifications, address scalability, and develop innovative services such as Peer-to-Peer energy exchange between users. In full compliance with the regulatory framework, ensuring that a stratified set of platforms meets the needs of system operators, aggregators, and users. The project has received co-funding from the European Union's Horizon 2020 program - Contract No. 864300
Financing Framework
Results
Safe controls on consumption
Higher flexibility in energy management
Certified measures for all players
Technologies
Internet Of Things
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From the Internet of Things to the Internet of Me: the key to data connection.
Blockchain
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W"hat it is and how to leverage it for business.
To know more
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