Description: The project “Blockchain4Prosumers – BC4P” connects two elements: on the one hand the blockchain technology and on the other hand the prosumer. The blockchain makes it possible to make locally generated energy available through trading platforms or directly to other consumers and users. One of the, probably, most media-effective potential applications of blockchain in the energy industry is the so-called Peer-2-Peer trade. This is an energy market where producers such as homeowners with rooftop solar systems and consumers (industrial, but also household customers) can meet and trade directly, without intermediaries in the form of stock exchanges, energy suppliers or energy traders. These are households that produce their own energy, the so-called prosumers. Consumers and producers at the same time. Blockchain also enables the automated and decentralized handling of e-car charging processes through Smart Contracts. The reason for this development is the increasingly small-scale transactions, such as the sale of electricity to an electric car from a supermarket, for example, or the large number of small energy producers using photovoltaics. Several hundred thousand in the Maas Rijn euroregion alone.
Location: The project operates in the Euregio Maas Rijn (BE, NL, DE)
Period: 2021-2023
Partners: Université de Liège (BE), Open Universiteit Nederland (NL), HowestUniversity of Applied Science and Arts (BE), Cluster CAP Construction, Climate-Cities SPRL, Zuyd Hogeschool, Fachhochschule Aachen, Mijnwater B.V. and Coöperatie TIORC U.A.
Users contribution description: Producers, as well as homeowners with solar panels, and consumers can match supply and demand directly, i.e. without intermediaries.
https://www.interregemr.eu/projecten/bc4p
