ongoing

This project looks at the potential of blockchain technology in the energy sector

Project Insights

  • €99,201

    Total Project Costs
  • 1 yr

    Project Duration
  • 2017

    Year Funded

Project Description

This project looks to explore the potential of blockchain technology in the energy sector. The project team will develop and evaluate a proof-of-concept solution to evaluate the viability of using blockchain technology to support the promotion of renewable energy usage and the independent verification of energy transactions (usage, renewable penetration) between prosumers and consumers.

Project Details

Total Project Cost: €99,201

Funding Agency: SEAI

Year Funded: 2017

Lead Organisation: Cork Institute of Technology

Partner Organisation(s): N/A

Susan Rea

Lead Researcher

Expertise: Distributed ledger technology; Smart contracts; Energy communities; Internet of things (IOT);

Social: LinkedIn