The Brooklyn Microgrid - Blockchain-enabled community power

A local marketplace enabling communities to choose where their power comes from - is the microgrid the future for consumers? DNV discusses the Brooklyn Microgrid project with Belinda Kinkead, Director of LO3 Energy, Australia, and discovers how it will transform the way that we interact with our power supply. In this thought-provoking episode, DNV talks to Belinda about the creation of LO3’s Brooklyn Microgrid project. Belinda explains how it is both a virtual and a physical microgrid, and what this means for the community. She also shares the challenges that the project encountered, including regulatory and scalability issues; details of how the system operates technically; and the innovative way that blockchain has enabled customers to buy and sell energy. Finally, we discuss how this type of system could help those living in natural disaster zones. *This episode was recorded live at the Singapore International Energy Week 2017.