• selling neighbors excess energy
    Technology

    Light bulb moment: Neighbors selling neighbors excess energy on blockchain

    BlockCypher and the National Renewable Energy Laboratory have completed a trial program to see if blockchain can change the way households buy electricity

    It’s an idyllic vision for the future: houses across the land generate their own power through solar panels, and make a tidy profit by selling neighbors their excess energy. Then reality kicks in. Executing all of these transactions at scale would be nothing short of nightmarish. Enter blockchain.