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The Blockchain Energizer – Volume 32

Jul 27 2018

By: Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. 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

The Arizona Corporation Commission Opens the First Blockchain-focused Utility Regulatory Docket.
Energy Web Foundation and LO3 Energy Partner to Standardize Data on Tobalaba.

To view more information on theses topics in Volume 32 of the Blockchain Energizer, click here.

Blockchain Energizer – Volume 31

Jul 13 2018

By: Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen

IN THIS ISSUE

New Era Energy is Preparing to Launch a Blockchain-based Carbon Credit Market Pilot Program
WePower Unveils “Alpha” Version of its Clean Energy Financing and Trading Platform.

To view more information on theses topics in Volume 31 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 30

Jun 29 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

IN THIS ISSUE

Walmart Patent Application Envisions Blockchain-based Demand Response, Internet-of-Things Ecosystem.
Clean Energy Blockchain Network Partners with Silicon Valley Power to Advance California Low Carbon Fuel Standard Goals.
Hydro-Québec Temporarily Halting Service Requests from Cryptocurrency Miners.

To view more information on theses topics in Volume 30 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 29

Jun 07 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 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.

On June 7, your Blockchain Energizer author Buck Endemann participated on a “Leveraging Blockchain for Sustainable Energy” panel hosted by Women in Cleantech & Sustainability at Palo Alto City Hall. Co-panelists Lydia Krefta (Pacific Gas & Electric), Cassie Bowie (Energy Impact Partners), Lena Perkins (CPAU), Yvette Solorzano (Omega Grid) and Sara Prochasson (Enedis) discussed how Blockchain technology, paired with the right regulatory environment, could unlock value for utilities and end users and advance renewable energy goals around the world.

IN THIS ISSUE

Chelan County Public Utility District Extends Moratorium on New Electricity Requests from Cryptocurrency Miners.
Narada Asia Pacific Pte Ltd. Partners with Electrify to Track Distributed Electricity Production through Blockchain.
Catalonia Experimenting with Blockchain to Incentivize Localized Smart Metering.

To view more information on theses topics in Volume 29 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 28

May 24 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

Your Blockchain Energizer authors Buck Endemann and Ben Tejblum presented at EUCI’s “Blockchain Technology for the Energy Sector” conference on May 8-9 in Houston, Texas. The crowd included existing market participants (utilities, retail suppliers, and regulators) along with new participants looking to leverage blockchain technology to facilitate energy transactions and improve utility operations. During our time in Houston, we found that blockchain discussions are a great way to spur broader conversation on innovation and industry sector change. Recurring themes included how utilities could be incentivized to adopt new technologies (through performance-based regulation or other constructs) while ensuring that they continue to meet their obligation to provide reliable service to all customers. The impact of new and innovative business models on low-income households, under-represented communities, and the unknown impacts on data privacy were important topics, as well.

Looking ahead, several panelists proposed that Europe is the “canary in the coal mine” due to the proliferation of distributed energy technologies and strong commitments to renewable energy. Perhaps not coincidentally, that is where the most energy-related blockchain use cases have taken root, usually with the support of business, regulators, and other state actors. K&L Gates attorneys will continue to monitor these developments and keep you abreast, right here in the Blockchain Energizer.

Finally, we are pleased to partner again with EUCI on our “Blockchain Technology Fundamentals: Energy Industry Applications” webinar, to take place on June 5, 2018. Click the link to register!

IN THIS ISSUE

Centrica and LO3 Partner to Minimize Renewable Energy Curtailment.
PG&E has proposed a Demonstration Project Using Smart Contracts to Generate Low Carbon Fuel Standard Credits.
The United Nations and Sun Exchange Team up with ElectriCChain to Use Blockchain and Cryptocurrency to Provide Solar Power in Moldova.

To view more information on theses topics in Volume 28 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 27

May 07 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 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. To subscribe to the Blockchain Energizer newsletter, please click here.

Authors Buck Endemann and Ben Tejblum will be in attendance at EUCI’s, “Blockchain Technology for the Energy Sector” Conference in Houston, Texas, from May 8–9, 2018. They will be available to discuss the latest in blockchain.

IN THIS ISSUE

Energy Web Foundation Is Implementing a Different Consensus Protocol to Reduce Blockchain Electricity Demand.
Energy Storage Meets Blockchain: Sonnen Joins the NEMoGrid Project.
Softbank and TEPCO Announce a Blockchain Pilot Program to Reduce Carbon Emissions.
IOT Group to Re-open an Australian Power Plant to Provide Electricity for Blockchain Companies; Washington Counties Take Divergent Approaches to Cryptocurrency Mining.

To view more information on theses topics in Volume 27 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 26

Apr 17 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 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. To subscribe to the Blockchain Energizer newsletter, please click here.

IN THIS ISSUE

LO3 Energy and Direct Energy Business Are Launching “Exergy,” a B2B Transactive Energy Network.
Green Power Exchange Releases Updated White Paper for Blockchain-based P2P Energy Platform.
Arizona Governor Signs Legislation Allowing Corporations to Store and Transmit Data via Blockchain.
Chinese Petrochemical Company Utilizes Blockchain for Trial Gasoline Shipment.
Chile’s National Energy Commission Launches Trial Blockchain Data Initiative.
Chelan County Public Utility District Cuts Power to Three Unauthorized Cryptocurrency Miners.

To view more information on theses topics in Volume 26 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 25

Mar 30 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 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. To subscribe to the Blockchain Energizer newsletter, please click here.

IN THIS ISSUE

Cryptocurrency miners face mounting resistance to energy demands in the United States and Canada
LO3 Energy will launch a blockchain-based renewable energy trading platform in Southern Australia
International Energy Research Centre plans to develop a peer-to-peer energy trading platform
Elia, Belgium’s transmission system operator, to explore blockchain

To view more information on theses topics in Volume 25 of the Blockchain Energizer, click here.

Event: Blockchain Technology for the Energy Sector

Mar 27 2018

We invite you to join us for EUCI’s ‘Blockchain Technology for the Energy Sector’ workshop on May 8-9, 2018 live in Houston, Texas. Co-authors of the Blockchain Energizer, Buck Endemann and Ben Tejblum will discuss blockchain’s growing role in the energy sector and the current opportunities and regulatory barriers. Additional topics to be covered will include:

the fundamentals of blockchain technology and its core components
the opportunities and applications for blockchain technology within the energy industry
how blockchain could improve and/or replace existing systems and processes relevant to electric utilities
how blockchain could enable peer-to-peer “transactive” energy markets, and help lead the way in enabling a resilient, distributed energy grid of the future
evaluate sustainability aspects of blockchain — such as how blockchain could improve traceability for natural gas trading
the associated phenomenon of ‘bitcoin mining’

Use the discount code BLOCK18SPK when registering to receive 10% off!

Click here to learn more about the program and to register.

K&L Gates Blockchain Energizer – Volume 24

Mar 16 2018

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 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. To subscribe to the Blockchain Energizer newsletter, please click here.

IN THIS ISSUE

Chile’s National Energy Commission Adopting Blockchain to Improve Data Integrity of Energy Information
Electrify Raises $30 Million Through a Digital Token Sale; Will Expand into Southeast Asia
Pemex Announces Plans to Implement Blockchain for Its Supply Chain

To view more information on theses topics in Volume 24 of the Blockchain Energizer, click here.

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