Vermont Energy Utility Companions With Blockchain Agency for Native Photo voltaic Power Gross sales
Vermont energy utility Inexperienced Mountain Energy and LO3 collectively launched a pilot challenge that allows householders with photo voltaic panels to promote surplus energy to companies served by the utility, industry-focused publication Microgrid Data reported on Nov. 19.
500 MWh in trades per yr
The challenge is named Vermont Inexperienced and is ready to start in December, with the preliminary goal to cowl 50 companies and 150 households. The companions anticipate this system to end in round 500 MWh in trades per yr.
LO3 and Inexperienced Mountain Energy thus purpose to advance native power markets, with the platform establishing a “spine” for native energy transactions, which might additionally contain energy storage, electrical automobile chargers, and thermostatically-controlled masses or carbon offsets.
In a submitting to state regulators cited by Microgrid Data, Inexperienced Mountain…