May 18, 2017 – Global Power Law & Policy

K&L Gates Blockchain Energizer – Volume 4

May 18 2017

By Molly Suda, Buck B. Endemann, and Ben Tejblum

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and healthcare to real estate and supply chain management. Reports estimate that over $1.4 billion was invested in blockchain startups in 2016 alone, and many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space.

IN THIS ISSUE

Energy Companies Come Together to Fund a Blockchain Initiative for Energy
Blockchain-Powered Distributed Energy Projects Launch in the Netherlands and Germany
Blockchain as the Key to Platform-Based Electric Grids?

To view more information on theses topics in Volume 4 of The Blockchain Energizer, click here.

Massachusetts Utility Takes Novel Approach to Increased Electric Vehicle Infrastructure

May 18 2017

By William M. Keyser, Molly Suda, Michael L. O’Neill

Offering a new approach on electric vehicles (EV) integration in the power grid, Massachusetts utility National Grid has proposed a “make ready” solution for EV charging stations in its service territory. In essence, the utility proposes to prepare the infrastructure to support the development of EV charging stations but does not propose to own the charging infrastructure itself. This approach may appease some of the opposition mounted in other states where utilities have sought to own both the infrastructure necessary to support EV charging stations and the charging stations themselves. National Grid’s proposal is pending before the Massachusetts Department of Public Utilities (DPU).

If the DPU approves National Grid’s EV charging proposal, National Grid may take important steps in developing the infrastructure necessary to support Massachusetts’ planned expansion of the Commonwealth’s EV fleet. And, if approved, this program allows the company to position itself as a leader in the race to integrate EVs into the electricity grid.

Archive:May 18, 2017