Readers could have seen your ad here when reading this story. Email retailenergyx@gmail.com
       Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation

Fujitsu Works With Energy Supplier To Blockchain-based Exchange System For Electricity Consumers

February 01,2019



Fujitsu Limited and Fujitsu Laboratories Ltd. announced that they have applied blockchain technology to develop a system for trading related to energy shortages and surpluses among electricity consumers, including factories and retail stores.

A simulation was conducted in concert with ENERES Co., Ltd. in Japan's energy market

"Fujitsu has now devised a system in which electricity consumers can efficiently exchange among themselves the electricity surpluses they have produced through their own electricity generation or power savings. The company then applied blockchain, and with the cooperation of ENERES Co., Ltd., the system was used in a simulation using the actual data of electricity consumption. The result was an approximately 40% improvement to the DR success rate," the company said

See this news release for more

Tags:
Innovation   Blockchain  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
Business-Development-Manager -- Retail Supplier -- Texas - Houston
Business-Development-Manager -- Agent, Broker, Consultant -- New Jersey
Energy-Sales-Broker -- Agent, Broker, Consultant -- Pennsylvania
Retail-Energy-Channel-Manager -- Retail Supplier -- New York
Chief-Operating-Officer -- Retail Supplier -- New York


More Stories on RetailEnergyX.com:
Monzo, U.K. Bank Offering Energy Supply Switching Via Its App, Expanding To U.S., Raises Funding
Forbes Takes Further Look At Rise Of German Retail Supplier Using Blockchain, Peer To Peer Sales
Retail Energy CEO Details How Investment From Mitsubishi Accelerating Supplier's Connected Home
ENGIE Signs Partnership With Fiat Chrysler For New E-Mobility Solutions
Start-up German Retail Supplier Using Blockchain, Peer To Peer Sales


comments powered by Disqus







Advertise here:
Email retailenergyx@gmail.com


Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service

Home


Developed by: Avidweb Technologies inc.