Chapter 6

How Blockchains Will Industrialize a Renewable Grid

Paul R. Brody,    Principal & Global Innovation Leader, Blockchain Technology, Ernst & Young1, San Francisco, CA, United States

Abstract

Every big industrial revolution has required multiple supporting technologies to help it mature and scale. As it happened with railroads and the telegraph, and then utilities and mainframe computing, this will be repeated again as renewables transform the electric grid. As the global electric grid goes from dumb to smart and from centralized to decentralized, blockchain technology will enable a dramatically better way to track and manage everything from individual contributions to green energy credits.

Keywords

Blockchain; grid; smartgrid; distributed ...

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