Blockchain-powered microgrid pilots renewables trading in Port of Rotterdam

Renewable Energy World: The new microgrid electricity trading platform was jointly developed by S&P Global Platts and Blocklab, the Port of Rotterdam’s blockchain subsidiary. In the two months of operation to date, it has brought both reduced electricity costs and increased renewables use.

The platform named Distro draws on both artificial intelligence and blockchain’s distributed ledger technology to enable commercial energy consumers in the port to actively trade renewable energy derived from solar and battery storage to manage their power consumption.

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