PROJECT PROFILE
Energy Scenario Planning Simulation
Key Project Players and Roles
Project Details
Project Country:
Switzerland
Project Phase:
Pre-Pilot
Project Status:
Developing
Key Dates
Date Announced:
Jan. 1, 2019
Date Launched:
Jan. 1, 2019
Project End Date:
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Project Description
What does the project do and how does it work?
To optimize the distribution grids evolution, Hive Power offers a simulation tool to have a better understanding of present and future scenarios by utilizing blockchain to track user data.
Who is involved in the project and why?
The project is run by Hive Power and supported by The Future for Swiss Electrical Infrastructure Institute.
Where is the project located and what is the size of the region of impact?
Being piloted in Switzerland.
How far along is the project and are there relevant project milestones to consider?
The project seems to be in the development stage. After a failed ICO, Hive power pivoted to offer msimulation/modeling services to electrical utilities and producers.
What are the value propositions associated with this project?
-Comparison of demand side management strategies -Analysis of renewables and EVs integration -Management of self-consumption communities -Dynamic tariff schemes and consequent impact on energy profiles -Optimal battery sizing and siting
What is the problem statement that is being addressed with this project?
The blockchain will track user data on energy production, energy storage, and demand planning. This data will be utilized by the simulation to model strategies for demand response and optimization.
Industry Applications
Innovative Technologies Incorporated in the Project
UNDERLYING CONCEPTS
Concepts Utilized in Energy Scenario Planning Simulation
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IN THE NEWS
Articles about Energy Scenario Planning Simulation
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ADDITIONAL PROJECTS
Hive Power Project Associations
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