Grid complexity is increasing exponentially. Is blockchain the answer?


Visions for the utility grid of tomorrow often include armies of smaller resources connected and helping balance supply and demand. For example, grid services that might be supplied by an electric vehicle.

As EV adoption picks up speed and utilities learn to incorporate them as grid management resources, the sheer volume of data moving around will grow exponentially. A home charging station might participate in demand response programs, provide services to the grid, and purchase energy from a nearby solar generator. Each of those tiny transactions has a cost, and it takes time to settle the ledger.

Regardless of the size of the grid — whether a microgrid with a few hundred users or a regional grid with millions of users — grid complexity is about to rise.

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