EDF, SMUD to Test Blockchain-Based Electricity Market Software

Omega Grid, in partnership with Electricity de France (EDF) and the Sacramento Municipal Utility District (SMUD), will deploy its blockchain-based local electricity market software to coordinate electric vehicle (EV) charging with solar generation in Northern California. The project is backed in part by an American Public Power Associate (APPA) grant. This local energy market project will demonstrate the use of blockchain technology to coordinate EV charging with local solar generation and wholesale prices in a blockchain-based incentive program. The program will show how distribution utilities can use a blockchain-based local energy market to add millions of new solar panels, EVs, and batteries to their grids without expensive infrastructure upgrades.

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