The U.S. Department of Energy’s (DOE) Office of Science has awarded a $1.05 million grant to energy company ComEd, the University of Denver, Virginia Tech and a software specialist to create an "energy internet" that will enhance building energy management and benefits to occupants.

The award provides funding to commercialize a blockchain-based transactive energy platform developed by BEM Controls with funding from the DOE. The software incorporates time-based energy management and control of interior spaces in buildings to achieve greater energy efficiency, reliability and resiliency. ComEd will use its Grid of the Future Lab to demonstrate the functionality of the system, which will be developed over three years.

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ComEd   Blockchain   Innovation  

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