Skip to main content

World’s first blockchain-managed energy transaction

by Futures Centre, Jun 20
1 minute read

In April 2016, President Street in Brooklyn witnessed a historic first: one resident sold the excess energy from his rooftop solar installation to a neighbour across the street, all paid for and recorded through blockchain. This was the world’s first small-scale power grid to use a consumer blockchain transaction. The houses aren’t connected directly to each other, of course, but rather to TransActive grid, a local microgrid, so the sale was a transaction of renewable energy ‘attributes’ only, rather than a transfer of electrons.

world's first blockchain fc 2

Details

by Futures Centre Spotted 1994 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.

>