Centrica joins community energy blockchain trial in London. Centrica has announced it will be working with a machine learning start-up on the next phase of a community energy blockchain trial. The energy giant has joint Verv’s trial at a social housing community in Hackney, London, where solar panels have been installed on 13 blocks of flats and the blockchain-based energy trading platform was rolled out in 40 participating homes earlier this year. The next phase is trialling different billing methods to ensure customers receive clear and fair bills when taking part in a network where energy is coming from multiple sources. Experts from Centrica’s supply business, British Gas, will look at how customers would be billed if the owners of solar panels could sell their excess energy to their neighbours, using Verv’s artificial intelligence (AI) technology and blockchain. They will analyse how much energy is being consumed through British Gas and how much is coming from solar panels.
Energy Live News 16th Nov 2018 read more »
Smart grid specialist Verv has announced that energy giant Centrica has joined its latest community energy trial, which aims to test how blockchain-enabled peer-to-peer trading could help cut emissions and reduce customer energy bills. The company is undertaking a live trial at a social housing community in Hackney, London where solar panels have been installed on 13 blocks of flats to supply clean power to communal areas.
Business Green 16th Nov 2018 read more »