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Renewable CO2 Reduction Value Creation Model Business Utilizing Blockchain Technology
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  4. Renewable CO2 Reduction Value Creation Model Business Utilizing Blockchain Technology

Renewable CO2 Reduction Value Creation Model Business Utilizing Blockchain Technology

  • Overview
  • Project Information
  • UBIG sponsors Information

Overview

Project Summary

TEPCO among other Japanese technology and energy firms is launching a pilot project to allow consumers to trade renewable energy in an effort to reduce carbon dioxide emissions.

Project Team

  • Project Lead
    1. Tokyo Electric Power Company (TEPCO)
  • Utilities
    1. Tokyo Electric Power Company (TEPCO)
  • Research Partners
    1. Softbank
    2. Japan's Ministry of the Environment
    3. Institute for Global Environmental Strategies
    4. Cyber Soken Co
    5. Local Energy Co.
    6. DevelopmentWA
  • Vendors
    1. Electric Power Sharing Co.
  • Other Participants or Stakeholders
  • N/A
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Project Information

Project Information

  • Blockchain Platform
  • N/A
  • Consensus Protocol
  • N/A
  • Use Case/Application
    1. Peer to Peer Energy Trading
  • Project Type
    1. Live Pilot

Status

Beginning Date:
May 31, 2018
Ending Date:
TBD
Project Status:
Announced
Last Modified:
September 4, 2020

Additional Information

For Additional Information:
  1. https://www.coindesk.com/softbank-eyes-carbon-emissions-cuts-with-green-energy-blockchain-pilot
  2. https://www.klgates.com/Blockchain-Energizer--Volume-27-05-07-2018
  3. https://www.softbank.jp/corp/news/press/sbkk/2018/20180423_01/

UBIG sponsors Information: Learnings and Recommendations

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