Buildings must transition towards being viewed as active participants in the wider district-level energy panorama
€421,289Total Project Costs
2 yrProject Duration
Blockchain is a distributed ledger technology (DLT) and is seen as a disruptive technology with potential across many industries by enabling open and trusted exchanges over the Internet without using central servers or an independent trusted authority. The key advantage of blockchain are its security, immutability, availability and transparency, as well as the ability to automate processes that are currently time consuming, at reduced cost. DigiBlocks leverages blockchain technology and proposes to investigate its application to district scale energy services based on certification, traceability of energy assets, assessment of interventions, transparency of exchanges, creating new customer services and publishing district energy data. Digiblocks supports the transformation of the energy sector through digitisation and can support the fundamental shift in the energy landscape from a rigid centralised infrastructure towards decentralisation and decarbonisation, motivated in part by the increasing penetration of renewables and need for cities to move towards being positive energy districts. To support the transition to positive energy blocks, DigiBlocks is moving beyond building and blocks of buildings to district scale and will provide a suite of tools and services to address these challenges and provide an integrated innovative solution for district energy management, which considers the interaction and integration between the district buildings, the users/citizens and the wider energy system. The DigiBlocks platform, tools and pilots considered will illustrate blockchain's potential both to upset current business models in the energy sector and to redefine stakeholder positions.
Total Project Cost: €421,289
Funding Agency: SEAI
Year Funded: 2018
Lead Organisation: Cork Institute of Technology