Learn about the current status of the energy transition, the importance of energy flexibility and how blockchain can help overcome market and technological challenges.
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“Blockchain & Energy: hype or solution?” - Simone Accornero
1. Break the barriers of distributed flexibility
EIT Digital Alumni
Blockchain & Energy: hype or flexibility?
Simone Accornero
Barcelona, 30 April 2018
supported by
2. Our software provides cost-effective and
transparent control of data and electricity
from small-scale electric devices to help
Grid Operators balance the grid
3. The integration of new technologies into the current
electrical grid is challenging and costly
DISTRUBTED
GENERATION ASSETS
UNPREDICTABLE,
VOLATILE GENERATION
INCREASED
ELECTRIFICATION
5. Demand Response’s true potential is in the commercial
and residential segment
€
DEMAND RESPONSE
30%
70%
6. However DR doesn’t truly take off at commercial and
residential level due to different challenges
LACK OF USER
ENGAGEMENT
LACK OF
COORDINATION
HIGH BACK-END
OPERATIONAL
COSTS
432
POOR DATA
TRACEABILITY
1
7. Our competitive advantages are tailored to overcome
these barriers, leveraging on a distributed IT architecture
Real-time
cash & token
rewards
Data
transparency
allows
coordination
Reliable proof
of flexibility
activation per
user
Automation of
back-end
processes
8. FlexiDAO’s hierarchical, multi-agent software innovation
is based on 4 key pillars
DIGITAL
IDENTITY
EDGE
COMPUTING
DISTRIBUTED
STORAGE
DIGITAL ASSET
TRANSACTION
9. FlexiDAO can tackle all of these issues, but the current
regulatory framework limits blockchain’s disruption…
ACCOUNTABILITY
Aggregators need to
be central authorities
Legal uncertainty
around Blockchain
UNBUNDLING
NO CRYPTOCURRENCY
TAX LAWS
NO SMART CONTRACT
LAWS
10. …and doesn’t provide a competitive field for small-scale
independent aggregators
TENDER PERIOD
Unfair aggregation
competition
Uncertain future
market design
MINIMUM BID
NO UNIFIED MARKET
ACCESS
NO DSO INCENTIVES
11. Technological barriers exist but they are not the ones
that keep us awake at night
SCALABILITY
SPEED
ENERGY
EFFICIENCY
BLOCKCHAIN RISKS MITIGATION STRATEGY
12. We combine long-term vision with a short-term go-to-
market strategy to adapt to market and regulation
2018
2020
2030
2023
BLOCKCHAIN DISRUPTION
Fleets (B2B) Residential (B2C) DAOs
321
13. In the short term we improve data transparency &
reliability, enabling coordination among Grid Operators
• Disaggregated
flexibility proof-of-
delivery
• Privacy, reliability
and security
• Data
transparency
allows
coordination
Commercial
fleets (B2B)
1
14. The true value lies in the fair and transparent revenue
redistribution among small consumers
• Lower transaction costs for instant cash
rewards
• Token-based incentive scheme
• Flexibility smart contract between
aggregator and prosumer
Residential
(B2C)
2
15. Our long-term vision is fully decentralized
• Automation of
back-end
processes
• Increased
privacy, security
• …and scalability
DAO
3
16. Let’s join the Energy Revolution!
Simone Accornero
CEO
s.accornero@flexidao.com
+34 681 615 628