Short Description

  • A Microgrid Intelligent System for Energy jointly built on the Ethereum by Lo3 Energy, Siemens and Consensys Systems, tested in Brooklyn

Long Description

The Brooklyn Microgrid (BMG) is a living example of how our technologies can revolutionize the energy model within a community. BMG operates by augmenting the traditional energy grid, letting participants tap into community resources to generate, store, buy, and sell energy at the local level. This model makes clean, renewable energy more accessible, and keeps the community resilient to outages in emergencies, among many other economic and environmental benefits.

ABOUT
Brooklyn Microgrid is developing a community-powered microgrid here in Brooklyn. This means our participants can engage in a sustainable energy network and choose their preferred energy sources, locally.

A microgrid can operate independently from the larger grid during power outages; providing the neighborhood with a safe, resilient energy grid that can serve as a backup in case of emergencies.

OUR MISSION

Increase the amount of clean, renewable energy generated in Brooklyn by members of the community.

Develop a connected network of distributed energy resources which will improve electrical grid resiliency and efficiency.

Manage these distributed energy resources during power outages and emergencies to protect the community and local economy.

Create financial incentives and business models that encourage community investment in local renewable energy.

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Additional Details

  • Other links:https://motherboard.vice.com/en_us/article/d7y7n7/transactive-grid-ethereum-brooklyn-microgrid https://medium.com/thebeammagazine/can-the-brooklyn-microgrid-project-revolutionise-the-energy-market-ae2c13ec0341 https://www.slideshare.net/JohnLilic/transactive-grid https://www.nytimes.com/2017/03/13/business/energy-environment/brooklyn-solar-grid-energy-trading.html
  • Short Description:a Microgrid Intelligent System for Energy jointly built on the Ethereum by Lo3 Energy, Siemens and Consensys Systems, tested in Brooklyn
  • Blockchain Technology:Ethereum
  • Stage:pilot
  • Impact-first:Yes
  • Organization Type:start-up
  • Servicing area:New York, USA
  • Founders:Lawrence Orsini, Lo3's Founder; Scott Kessler; Director & Business Development
  • Creation Year:2015
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