Blockchain continues to grow beyond digital currencies, disrupting other industries with its secure distributed ledger technology. Recent developments have been made in the fields of supply chain, healthcare, the Internet of Things (IoT), and more. Supply Chain The complex world of the global supply chain market presents a formidable challenge to manufacturers. Blockchain technology can […]
The growth of electric vehicles and the smart grid has lead to the creation of vehicle-to-grid (V2G) technology. Imagine using your electric vehicle to power your home during a storm-induced power outage. While your vehicle may not be able to power your entire house, there likely would be enough energy to charge your phone, power […]
Smart grid technology is enabling the effective management and distribution of renewable energy sources such as solar, wind, and hydrogen. The smart grid connects a variety of distributed energy resource assets to the power grid. By leveraging the Internet of Things (IoT) to collect data on the smart grid, utilities are able to quickly detect […]
Although fossil fuels continue to be a major energy source, many countries are focusing on replacing fossil fuels with renewable energy resources. In order to meet emissions targets, governments are putting greater effort into developing and implementing energy sources that are safe for the environment. A recent breakthrough has put society one step closer to […]
Today’s modern smart grid connects a variety of distributed energy resource assets to the power grid. This creates a diverse and disparate system, which both individuals and power companies can impact, with enormous benefits. Distributed energy collection assets (such as solar panels) are essential to increase the use of green energy, which helps the environment […]
The global water crisis is causing problems worldwide. The United Nations estimates that 2.1 billion people do not have access to safe drinking water in their homes. This is relevant because those with access to clean water have a higher chance of leaving poverty, resisting disease, and seeking an education. The water crisis has severe […]
The future promises dramatic transformations in the way people make and consume energy. Many experts are turning to microgrids— small-scale, self-sustaining power networks unburdened by ties to a centralized power plant— as key agents of this transformation. Microgrids provide everything from greater reliability and resilience to cleaner power and economic development. They’re designed to work […]
In late May, Honda Motor Company and General Motors announced a partnership to conduct a joint blockchain research project on electric vehicles (EVs) and smart grid interoperability. The goal is to determine whether EVs are capable of stabilizing the power supply in next-generation smart grids. Honda and GM plan to develop ways to facilitate data […]
Climate change is threatening to take a catastrophic toll on humans in the next century, and increasing renewable power sources has been identified as one way of staving off this global issue. After all, the energy sector is the largest single source of global emissions. Countries around the world, including the United Kingdom, Germany, and […]
