showcasing of a blockchain-based decentralized energy marketplace prototype
With our background in the energy industry and as former employee
of the digital unit of e.on, Timo was invited to present the e.on futurelabs' Energy Pool project at
Day 2018 - a gathering of technology enthusiasts working on the future of energy. Since the very
blockchain showing up at the horizon of technology trends, e.on began evaluating and protoyping
especially in terms of decentralization and the efficient handling of renewable energy sources in
As an e.on employee, Timo worked on a feasability study of a blockchain-based decentralized energy
billing / distribution system
Contracts, together with
his colleagues Elisabeth and Manuel.
The prototype was set up on several Raspberry Pi IoT devices, which were used as a representation of
households and energy provider.
The decentralized virtual energy pool tracked the generation and feed-in of renewables in the local
grid. Based on demand and supply, an algorithm created a fair distribution of shares and payments
for each participant.