Kyocera Group has announced that it is planned to carry out the introduction test of VPP (Virtual Power Plant) utilizing block chain technology together with LO 3 Energy by Kyocera announcement.
LO 3 Energy in New York is a company that is promoting the use and development of block chains in the energy business. Recently, efforts on demonstration experiments using the block chain base with Marubeni have also been reported.
Marubeni and LO 3 Energy start demonstration experiment of power chain trading based on block chain – CRYPTO TIMES
VPP (Virtual Power Plant) is a virtual power plant which is translated and is a technology to combine the power demand control system of a small power plant into one power plant.
As a result, it is said that there is the merit that it can optimize the electricity supply and demand of a small scale power plant and reduce costs .
The block chain is responsible for efficiently fulfilling transaction authentication and recording when sharing power generated by photovoltaic power generation by each household to other homes through a micro grid, which is a small energy network.
Power sharing through microgrids thus reduces the dependence and burden on large-scale power plants to date.
The introduction test will be conducted on February 28, 2019, scheduled to be carried out in the environment where the photovoltaic power generation system and accumulator are assumed in Yokohama Nakayama Office based in Yokohama City, Kanagawa Prefecture, assuming multiple customers is.
Article Source: KYOCERA
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Author: shimada – Source Post: https://crypto-times.jp/kyocera-lo3energy-blockchain/
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