Why blockchain can turn Distributed Energy Resources from a big threat to massive opportunity for utilities
- Sep 24, 2019 4:28 pm GMT
This item is part of the Special Issue - 2019-09 - Blockchain in Utilities, click here for more
Consumer-owned Distributed Energy Resources (DERs) are threatening to flip the energy industry on its head - but instead of being drowned by this wave of change, utilities can use blockchain to prosper.
Indeed, for the more progressive utilities of this world, this is not a fight for survival it’s the chance to establish a newer, better, and more consumer-centric business model ready for our energy future.
Technology is now at a point where we are starting to see more and more power coming from DERs such as home PV panels in local communities, rather than being sent down the lines from big far-away power stations.
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