Statkraft and ESFORIN Demonstrate Possibilities of Block Chain Technology

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On 24 January the German energy optimiser and service provider ESFORIN SE and Statkraft Markets sold one megawatt hour of electricity in the intraday market from Statkraft's EEG portfolio to a demand side management customer of ESFORIN SE - without any intermediate platform.

The one megawatt hour of renewable power was traded as part of the pilot phase of the Enerchain project. Enerchain makes it possible to conclude transactions "peer-to-peer" without the need for a marketplace operated by third parties. Under real market conditions, both Statkraft and ESFORIN demonstrated the possibilities of block chain technology in the volatile and short-term electricity market. “This is an innovative energy turnaround. We support grid stability, avoid unnecessary... ... More: Official Press Release Statkraft

Keywords:

Statkraft, blockchain, Germany, ESFORIN, electricity, Enerchain