The Federal Ministry for Economic Affairs and Energy is expecting more competition and increased security of supply by modifications in the gas market and the balancing power market. The power generation of renewables recorded a new high in the first half-year of 2017. While climate targets are under consideration, investments in and applications for Blockchain technology are taking shape. The strong prices for coal have especially pushed up the annual base load delivery for 2018.
Transmission system operator Tennet and storage supplier Sonnen aim to interconnect photovoltaic home storage systems and to apply them in a way that assists the power grid. In the pilot phase, flexibility consisting of 24 MW storage capacity will be used as battery-related redispatch in order to reduce the feed-in management (curtailment) of wind energy.
The technology giant and the Beijing-based Energy-Blockchain Labs want to use the new platform for allowing its users to manage their carbon assets. With the help of blockchain technology they want to improve efficiency in China’s national carbon market, which will be opened during 2017.