Eduardo Soto Sepúlveda
CEO | Phineal
3 JULY, 2018
This year for sure you have heard of blockchain and the wide variety of applications that this technology offers. Although the best known application are the crypto currencies, it is possible to use blockchain in almost any process that involves transactions of information through the Internet such as files, images, videos, emails, among others. It is for this reason that the blockchain applied to energy takes great relevance, since it allows to make more flexible and efficient the processes of generation and consumption, besides showing transparently this information to the users. The blockchain used in the area of energy, will be the inflection point for the change of the systems of transport and storage of this one, without the necessity of a “notary of the energy” with which the processes will be more economic, efficient and safe.
The system is already in operation in small, medium and large generation solar plants, with commercial scaling through the licensing model for different types of customers. The traceability of solar energy is currently being implemented in projects developed by the French company Total Solar, in its photovoltaic plants of the Alianza Francesa (100kW) and PV Salvador (70MW) schools. Another company where solar energy traceability is being carried out is the Chilean national copper company, CODELCO, incorporating traceability systems in the solar plants that provide the company (photovoltaic and solar thermal) for the production of cathodes in the plant to obtain the Gabriela Mistral Division .
Traceability of renewable energies in national production processes will play a fundamental role in the registration systems of the circular economy of products and services worldwide. End users will be able to know the entire value-added chain through this type of sources by means of certificates that are automatically generated through measurement, avoiding the manipulation of people and certifying companies as is currently done. The blockchain eliminates the barriers and the final users can consult at any time in the platform of Sello Sol when, where and who produced the energy of the products and services that are buying or transferring.
Intelligent transactions without intermediaries
The energy is measured by means of equipment certified by national regulations and is extracted through devices installed locally in the generation and consumption plants, establishing a communication M2M (Machine to Machine) where there is no human intervention in the process. In the future, intelligent measurements should incorporate processing units and block mining, in response to the trend towards new and better measurement mechanisms as is being proposed in the “Internet of Things” (IoT) with blockchain.
The blockchain and the birth of prosumers
Before continuing, it is necessary to define what a prosumer (derived from the English word “prosumer”) is with a simple example. Suppose a person has a photovoltaic system in their home that allows them to generate most of the energy they consume annually, include within this equation an electric car and an energy storage system. This user can manage his energy with the electricity grid, either buy or sell his energy to users who are linked to it (the natural advance of the distribution law should tend to this logically). If a measurement, supervision and control mechanism is incorporated through blockchain, with which the energy can be managed directly from your home without having to go through intermediaries (distributors) and where it will also allow you to sell energy to your neighbors through the electrical networks, the user can be defined as prosumer.
Blockchain visualization and traceability platform Sello Sol