IBM and TenneT , the Dutch national electricity transmission operator , have partnered to develop blockchain solutions for decentralised energy transmission in the Netherlands and Germany . The two companies are working on ways to transform the electricity grid as it becomes more volatile due to its reliance on renewable energy generation . Under its Digital Transformation initiative , TenneT is exploring the use of a blockchain network that uses Hyperledger Fabric to integrate capacity generated by household batteries and electric vehicles into the grid . It will test the concept on joint pilot projects with energy companies Vandebron , in the Netherlands , and sonnen eServices , in Germany .
IBM and TenneT, the Dutch national electricity transmission operator, have partnered to develop blockchain solutions for decentralised energy exchanges in the Netherlands and Germany. The two companies are working on ways to manage the electricity grid as it becomes more volatile due to increased reliance on renewable energy generation. Under its Digital Transformation Programme, TenneT is exploring the use of a blockchain network that uses Hyperledger Fabric to integrate capacity supplied by household batteries and electric vehicles into the grid. It will test the concept on two pilot projects with energy companies Vandebron, in the Netherlands, and sonnen eServices, in Germany.