From January 31st to February 11th, FAPS project coordinator and blockchain developer Felix Funk visited Professor Gooi’s team at the School of Electrical and Electronic Engineering at Nanyang Technological University…
The stability of the underlying grid and the reduction of expansion costs are key motivations behind the development of local energy markets. Subsequently, the impact of the market proposed in…
In order to participate in a local energy market, individual households need to be able to monitor and control all their assets. This requires secure communication protocols between these assets,…
On Friday, July 23 2021, a full virtual project meeting with members from Singapore, Canada, and Germany was held. Professors Gooi and Nguyen from NTU Singapore and Professor Wang from…
We are happy to announce the publication of a new paper entitled “A Proof-of-Stake Public Blockchain-Based Pricing Scheme for Peer-to-Peer Energy Trading” by our Singaporean colleagues. The paper addresses various…
On May 27, BC2E member Felix Funk was interviewed by the InDeed project team about the system architecture of BC2E. InDeed, a project funded by the German Ministry of Economics…
The German team has begun work on a physical demonstrator in order to validate the core architecture of the local energy market. As outlined in the Vision section, each prosumer…
FAPS Researcher and BC2E team member Franz Teske contribution to the 2020 IEEE Electric Power and Energy Conference has been accepted and will be published. His paper focuses on the…
An often overlooked aspect of Blockchain based Local Energy Markets (LEM) is the requirement for user anonymity. Energy consumption (and generation) data is highly personal, and it allows inferring a…
While Local Energy Markets (LEMs) are widely predicted to become a foundation of future energy distribution systems, several variants are still being considered and evaluated. Reflecting the cross-discipline nature of…
