US DOE Sets Aside $1.05mil to Blockchain Powered Energy Management Platform August 11, 2019 August 11, 2019 Energy firm ComEd , Virginia Tech , the University of Denver and BEM Controls have been granted $ 100 m by the US Department of Energy ( NE ) for a three - year initiative , aimed at developing a profitable , blockchain - based energy efficiency platform . The project is an extension of Boston Controls ’ ongoing partnership with the NE to improve buildings ' energy efficiency and will include the use of ComEd 's Grid of the Future Lab .
Energy firm ComEd , Virginia Tech , the University of Denver and BEM Controls have been granted $ 100 m by the US Department of Energy ( NE ) for a three - year initiative , aimed at developing a profitable , blockchain - based energy efficiency platform . The project is an extension of Boston Controls ’ ongoing partnership with the NE to improve buildings ' energy efficiency and will include the use of ComEd 's Grid of the Future Lab .