Energy Web brandmark

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Energy, blockchain, and finance sector collaborations unlocked important new pathways to adoption at scale

Scaling Through Collaborations

We believe that open-source digital solutions, including blockchain, cannot scale in isolation. Our global ecosystem of members is just as important as our tech stack. And so are our partnerships with leading trade associations, standards bodies, and other organizations spanning the energy, blockchain, and finance sectors.
Doug Miller
Global Markets Lead, Energy Web

MARCH 2020

India Smart Grid Forum Becomes Energy Web Ambassador
In March, India Smart Grid Forum (ISGF) and its executive director, Reena Suri, became the first Energy Web Ambassador in India. The announcement came during India Smart Utility Week 2020. As an EW Ambassador, ISGF will play an active role in promoting EW’s ecosystem and solutions in the Indian market. ISGF and EW have already been collaborating since 2018. With this new agreement, we solidified our partnership with a defined set of objectives that aims to engage India’s largest energy players.
“As a public-private partnership, we bridge between the Indian government, utilities, regulators, academia, and technology providers across the country. We see blockchain and other decentralized technologies as key to India reaching its Paris commitments and broader clean energy goals, and we are proud to represent Energy Web as a technology leader in this arena.”

—Reena Suri, executive director ISGF

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MAY 2020

Demonstrating Feasibility of Collaborative Energy Transactions via Blockchain with NREL
A common vision for the future of the nation's energy grid involves homeowners selling unused power generated from rooftop solar panels to others in their communities, and working together to help ensure the reliability, resiliency, and security of the power grid everyone uses. Sounds great in theory. But how can the grid manage such complex energy transactions at scale? Several emerging solutions to this opportunity rely on blockchain technology. Researchers at the National Renewable Energy Laboratory (NREL) are evaluating the use of blockchain for transactive energy using hardware in the laboratory's Energy Systems Integration Facility (ESIF)—with help from Energy Web and U.S. utilities.

Photo by Dennis Schroeder, NREL
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MAY 2020

Collaborating with Vodafone Business to Bring IoT and Blockchain Tech to Renewable and Distributed Energy Assets
We teamed up with Vodafone Business, a global technology communications company and a leader in IoT with over 100 million connections worldwide, to help improve the integration of renewable and distributed energy assets within power grids using secure IoT connectivity and blockchain technology. The partnership will combine SIM-centric blockchain technology (SCB) with IoT connectivity from Vodafone Business to create secure IDs for energy assets. This means that renewable and distributed assets like wind turbines, batteries, heat pumps, and solar panels can be integrated with energy grids safely and efficiently.
“As the number of decentralised, new-generation, low-carbon devices grows, so does the need for them to be securely connected regardless of their location. This connection needs to be simple and secure, ensuring assets are easily able to be connected to, and managed by, energy and communication networks around the globe. At Vodafone Business IoT, we believe that technology and connectivity can be used to help protect the planet and improve people’s lives. We are proud to work together with Energy Web to make this a reality.”

—Erik Brenneis, IoT director, Vodafone Business

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AUGUST 2020

Strategic Partnership with SunSpec Alliance for 'Plug and Play' Systems
We jointly announced a strategic partnership with SunSpec—a trade alliance of roughly 100 solar and storage companies spanning Asia, Europe, and North America—to co-develop digital standards, protocols, solutions, and certifications that support ‘plug & play’ system interoperability for solar PV and battery energy storage technologies. Together we're enlisting energy market participants such as grid operators, renewable energy developers, and distributed energy resource (DER) providers for projects focused on digitalization and grid integration of DERs.
“Distributed solar+storage is a cornerstone of the evolving electricity system. As more markets move toward a digital smart grid, it is crucial to ensure that solar and storage assets are cybersecure, have verifiable identities, can participate in energy markets, and are ‘out of the box’ ready to perform as part of an integrated grid will be crucial. Our partnership with Energy Web is an exciting step in that direction.”

—Tom Tansy, chairman, SunSpec
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OCTOBER 2020

Electric Power Research Institute Joins Energy Web
In October, Electric Power Research Institute (EPRI) became the newest EW member, opening the door to work together on open blockchain platforms for integrating distributed resources. Our strategic collaboration includes: 1) Drawing upon EPRI’s research and information on digitalization standards to further development of the Energy Web Decentralized Operating System (EW-DOS); 2) Building test applications that run on EW-DOS in an EPRI-hosted test environment; and 3) Conducting research on the benefits of open, public digital infrastructure — including blockchain tech — to support a register of distributed resources and for integration of these resources with energy markets.
“Blockchain and other decentralized digital technologies hold tremendous potential for the energy industry and we look forward to working with the experts at EW. Our EW membership is a perfect complement to EPRI’s Utility Blockchain Interest Group, a utility forum for identifying promising applications for blockchain technology.”

—Mark McGranaghan, VP for Innovation, EPRI
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NOVEMBER 2020

Informing the Standard for Blockchain in Energy Working Group
IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. Energy Web became a member of the P2418.5 working group, focused on the standard for Blockchain in Energy. The standard provides an open, common, and interoperable reference framework model for distributed ledger technology (DLT) across three use cases: 1) Serve as a guideline for Blockchain DLT use cases in Electrical Power industry; 2) Create standards on reference architecture framework, including interoperability, terminology, functionality, and system interfaces for blockchain DLT applications in the energy sector by building an open protocol and technology agnostic layered framework; and 3) Evaluate and provide guidelines on scalability, performance, security, and interoperability.
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NOVEMBER 2020

Joining the InterWork Alliance
In November, we joined the InterWork Alliance (IWA), a platform-neutral, nonprofit organization dedicated to creating the standards frameworks needed to increase innovation across token-enabled ecosystems. In tandem, we also joined IWA’s Sustainability Business Working Group, an issue-aligned working group focused on carbon emissions and related themes. As a member of the IWA, EW will collaborate with the organization’s global member base to set the standards for building distributed applications, including appropriate frameworks for tokenizing items of value, writing contracts over those tokens, and privacy-preserving analytics of multi-party data.
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DECEMBER 2020

Endowing a PhD / doctoral studentship to advance blockchain research and commercialization
We partnered with the University of Nicosia (UNIC) to fund a PhD / doctoral studentship focused on interoperability, advancing blockchain research and implementation. The endowed studentship sits within the Distributed Ledgers Research Centre (DLRC) at UNIC’s Institute For the Future (IFF). Alongside the announcement, UNIC became the first Academic Member of Energy Web.
“We have proudly been at the forefront of blockchain research and preparing the next generation of the workforce in related fields to advance the technology. The energy sector presents one of the great global use cases for distributed ledger technology. We’re thrilled to partner with a leader like Energy Web to connect our doctoral candidates to the world’s largest energy blockchain ecosystem.”

—Dr. Klitos Christodoulou, Research Manager, UNIC's Institute For the Future
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