Catagory:Energy & Utilities

1
K&L Gates Blockchain Energizer – Volume 8
2
K&L GATES BLOCKCHAIN ENERGIZER – VOLUME 6
3
Energy Department Seeks Input on Regulatory Reform
4
K&L Gates Blockchain Energizer – Volume 5
5
K&L Gates Blockchain Energizer – Volume 4
6
Massachusetts Utility Takes Novel Approach to Increased Electric Vehicle Infrastructure
7
K&L Gates Blockchain Energizer – Volume 3
8
K&L Gates Blockchain Energizer – Volume 2
9
Trade Group Complains that PJM’s Frequency Regulation System Unduly Discriminates Against Energy Storage Resources
10
K&L Gates Blockchain Energizer Vol. 1

K&L Gates Blockchain Energizer – Volume 8

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

  • Investment in Energy Blockchain Applications is Heating Up
  • New Forms of Consensus Being Developed to Meet the Needs of Business Blockchains
  • Blockchain Being Deployed to Optimize Shipping Container Management

To view more information on theses topics in Volume 8 of the Blockchain Energizer, click here.

 

K&L GATES BLOCKCHAIN ENERGIZER – VOLUME 6

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

  • Blockchain-Based Energy Trading Pilot Project Looks to Expand
  • Over 20 Energy Trading Frims Will Participate in Peer-to-Peer Energy Trading Market

To view more information on these topics in Volume 6 of The Blockchain Energizer, click here.

Energy Department Seeks Input on Regulatory Reform

By Tim L. Peckinpaugh, David L. Wochner, David L. Benson and Kathleen L. Nicholas

On May 30, the Department of Energy (“DOE”) published a request for information (“RFI”) soliciting guidance on potential regulations that should be modified or repealed to reduce burdens and costs. This is part of a government-wide initiative to overhaul the federal government’s regulatory regime, set in motion with an executive order signed by President Trump just after his inauguration. This RFI also comes after President Trump signed an executive order, “Promoting Energy Independence and Economic Growth,” which seeks to review all regulatory actions that hamper the domestic production of fossil fuels and nuclear energy.

To read the full alert on K&L Gates HUB, click here.

K&L Gates Blockchain Energizer – Volume 5

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

  • Canada’s TMX Natural Gas Exchange to Test Blockchain
  • Banks and Traders Begin to Consider the Implications of a Shift to Blockchain-Powered Networks
  • CFTC Launches FinTech Initiative

To view more information on theses topics in Volume 5 of The Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 4

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

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.

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K&L Gates Blockchain Energizer – Volume 3

A bi-weekly update on applications of blockchain technology in the energy industry

By Molly Suda, Buck B. Endemann, and Benjamin L. 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

  • Blockchain-Powered Crowdfunding Brings Solar Energy to Africa
  • Illinois Considering Blockchain Technology to Streamline Government Programs
  • Arizona Paves the Way for Smart Contracts

To view more information on theses topics in Volume 3 of The Blockchain Energizer, click here.

 

K&L Gates Blockchain Energizer – Volume 2

By Molly Suda, Buck B. Endemann, and Benjamin L. Tejblum

A bi-weekly update on applications of blockchain technology in the energy industry

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

  • Blockchain Technology – A Possible Solution to China’s Air Pollution Problems?
  • Blockchain Technology Deployed to Optimize Crude Oil Trading
  • Blockchain Technology Gaining Ground in the Energy Industry

To view more information on theses topics in Volume 2 of The Blockchain Energizer, click here.

Trade Group Complains that PJM’s Frequency Regulation System Unduly Discriminates Against Energy Storage Resources

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

The Energy Storage Association (ESA) filed a complaint with the Federal Energy Regulatory Commission (FERC or Commission) alleging that PJM Interconnection, L.L.C. (PJM) has adjusted its system operations to unduly discriminate against certain market participants.  ESA argues that PJM changed the rules of its frequency regulation market, without prior FERC approval, and that those rule changes unduly discriminate against limited energy resource participants, such as energy storage providers.

FERC has set May 15, 2017, as the deadline for parties to comment, intervene, or protest ESA’s complaint.  Commenting and/or intervention are important procedural tools that allow interested parties to protect and advocate for their interests.  Given the potentially broad impact of this complaint on PJM’s energy and frequency regulation market design, numerous entities may seek to participate in this proceeding.  K&L Gates will continue to follow this proceeding closely.

To read the full alert on K&L Gates HUB, click here.

K&L Gates Blockchain Energizer Vol. 1

A bi-weekly update on applications of blockchain technology in the energy industry

By Molly Suda, Buck B. Endemann, and Benjamin L. 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 discussions, 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.

Our inaugural edition features:

  • The Brooklyn Microgrid – Powered by Blockchain
  • Share & Charge – A Blockchain-based Electric Vehicle Charging Marketplace
  • ING and Societe Generale Contemplate Blockchain-powered LNG Trading

To view more information on theses topics in our first edition of The Blockchain Energizer, click here.

To subscribe to subsequent bi-weekly alerts, please contact Alé Simmons.

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