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This New York Project Fuses Energy Microgrids With Blockchain Technology

A microgrid using TransActive Grid’s model could let you directly sell energy generated from your rooftop solar panels to your neighbor.

If in the future you find yourself selling your excess solar panel energy to your neighbor via secure blockchain, you’ll have one startup’s actions on President Street in Brooklyn to thank. That’s where experimental microgrid provider TransActive Grid has posted its first two TransActive Grid Element meters inside residential units so that residents can exchange energy via a nascent blockchain marketplace. They’ve already made it a reality: Early last month, two Brooklyn residents completed the first peer-to-peer energy exchange, swapping watts for U.S. dollars.

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