Overcoming Barriers to Citizen Participation in Energy Micro-Grid Transactions
Abstract:
A shift away from carbon-based fuels to renewable electricity is one of the primary mechanisms being deployed to reduce greenhouse gas (GHG) emissions, but this shift to renewable energy and zero-emissions causes major problems for the electricity grid. Research proposed by the Blockchain@UBC clean energy group will use blockchain technologies to demonstrate how consumers can trade excess stored energy in plug-in electric vehicles (EVs) for incentives to provide meaningful grid stabilization and peak demand smoothing. This research is in partnership with EV Cities, the winning team from the 2019 Summer Institute Blockathon.
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