Energy

Russia’s National Energy Grid Operator Tests Blockchain for Retail Payments

Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. The system — initiated by Rosseti and developed by the Russian distributed ledger technology (DLT) startup Waves — aims to automate and make transactions between energy producers, suppliers and consumers more transparent, as a Dec. 10 blog …

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Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits

The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc (KEPCO) is extending its trial of a blockchain-enabled renewable energy trading platform developed by Australian tech firm Power Ledger. …

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Friendly Use Of Renewable Energy And Blockchain Technology

[Featured] Talks of climate and environmental change have been escalating throughout the past couple of years. Countries all around the world are taking measures to increase the usage of renewable energy sources. AVALO-Energy is a project which aims to combine future-oriented blockchain technology with smart, as well as environmentally-friendly usage of renewable energy. It focuses …

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Major European Firms Harness Blockchain To Track Renewable Energy

Two major companies from the Iberian peninsular have just announced the launch of a blockchain-powered system to verify the sustainability of electricity. Spain’s department store El Corte Inglés will use the system to prove the company’s commitment to reducing its carbon emissions.Supplying the clean energy to El Corte Inglés stores will be the firm’s long …

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Amazon Announces Three Renewable Energy Projects In Spain And The US

What just happened? Tech companies might have a pretty big collective carbon footprint, but some firms are at least attempting to reduce it. Amazon today announced three new renewable energy projects as part of its broader goal to become powered by 80 percent renewable energy before the start of 2024, and 100 percent renewable energy …

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Applications For Blockchain and Cryptocurrency In the Forestry Industry

Blockchain and cryptocurrency might be useful in the forestry industry, especially when it comes to sustainability. But will the trend take off? There are many industries in which blockchain tech can be applied, and one of the most overlooked might be the forestry sector. It accounts for a relatively small slice of global GDP―just 2%, …

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