IBM continues to drive the development of blockchain technology applied to multiple industrial fields. This time, it was known that the energy storage company Sonnen and the TenneT transmitter will integrate blockchain to the distribution networks and electrical and solar energy storage in Germany.
It is then an emerging and unique project of its kind. TenneT is a company established in the Netherlands and manages a network of wiring and electrical installations of high voltage interconnected with the neighboring countries, being the German subsidiary Tennet TSO the fourth company in importance of its type.
According to a press release, TenneT is exploring the possibilities of the blockchain of Hyperledger Fabric as part of a digital transformation program to optimize energy storage and transmission, integrating domestic power plants and electric cars into its programme.
The first pilot test to be carried out states that, for example, those who own an electric vehicle, can have the capacity of their batteries to maintain the balance of the energy distribution network of TenneT. Continuing the explanation of the test, the company Vandebron is included, who will work with the owners of electric cars so they can dispose of their batteries, without affecting or compromising the availability of their vehicles. "Blockchain allows each car to participate by registering its availability and responding to TenneT's requests" the statement said.
For its part, Tennet TSO board member Urban Keussen told Reuters that declining use of fossil fuels and nuclear energy, coupled with the growth of wind and solar energy, represents a challenge important. For its part, the pilot test of Sonnen, a German company of renewable energy and significant growth, aims to solve the problem of distribution of wind energy with blockchain. As an example of the fact that it is very difficult to transport the energy generated in northern Germany to the center of the country, it is indicated that residential batteries will be installed to store this energy and reduce these limitations. Through blockchain, the operator can unlock this energy in times where the supply decreases, so that a general balance of the network can be maintained and optimize the energy supply for all users. This could possibly be done with a smart contract like those provided by the Ethereum network, a client used by IBM Hyperledger Fabric.