CARTIF PROJECTS

EnergyChain

Use Blockcahin to develop a system that will support the energy exchange between prosumers.

Description

The main goal of this project is to use Blockchain to develop a system that will support the energy exchange between prosumers.That way, the intervention of a central entity in charge of managing these energy exchanges will not be needed because the Smart Contracts deployed on the system to be developed will automatically check the feasibility of the energy exchanges. 

Objectives

  • Taking into account the relatively recently introduction of the possibility of exchanging energy between prosumers (at least  here in Spain), the main idea of this project is to develop a Blockchain system that will support these kind of activities without the intervention of any central entity.
  • This new business model is based on the distributed genration of energy, creating small renewable installations next to the places where the energy will be used. 

Actions

  • The central action is to develop a Blockchain system that will make possible the energy exchange between prosumers, removing any central entity in charge of “managing” these energy exchanges. 

Expected Results

  • The main result of EnergyChain is a platform based on Blockchain that will allow energy exchanges between prosumers using Smart Contracts to automatically check the feasibility of each energy exchange.

Partners

Subcontracting

Total Budget: 45.815,73€
Duration: 10/2020 – 07/2024

Responsible

Susana Mª Gutiérrez

Energy Division

susgut@cartif.es

Networking

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