Energy

Energy

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Fujitsu Claims 40% Efficiency Boost for Blockchain Electricity Exchange

Japanese IT giant Fujitsu has developed a blockchain-based exchange system that it says produces a more stable energy supply at peak periods.

fujitsu

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US Department of Energy to Fund Blockchain Research Projects

The U.S. Department of Energy is offering funding of up to $4.8 million for fossil energy research, including blockchain applications.

US power plant

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Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live

A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.

(Shutterstock)

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Shell, BP Back Blockchain Platform to Modernize Commodities Trading

Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.

(Shutterstock)

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Ethereum Energy Project Now Powers 700 Households in 10 Cities

Little-known ethereum project Lition is live and quietly helping German citizens hunt down cheaper energy options.

(Shutterstock)

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Singapore Power Unveils Blockchain Market for Renewable Energy Trading

Singapore's energy utilities provider has launched a blockchain-powered marketplace for trading renewable energy certificates.

Credit: Shutterstock

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Nevada's Utilities Agency Eyes Blockchain for Energy Credit System

The Public Utilities Commission of Nevada is looking to implement blockchain for its energy credit tracking system.

Power

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Energy Giant Engie Backs 'Blockchain Studio' With $2.3 Million Funding

French energy firm Engie announced Friday that it will help commercial customers build blockchain platforms with its new "Blockchain Studio" spinoff.

Building Blocks, Team

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Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it's still seeking to rebrand around the tech.

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US Senate to Examine Energy Efficiency of Blockchain

The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.

The U.S. infrastructure bill's tax provisions could affect the price of ether.