Use case · 2019
Energy Commons Protocol
A shared protocol so that energy services which don't talk to each other today can exchange certified data, without a central server.
The Energy Commons Protocol (ECP) uses distributed ledgers to break the data silos of the energy sector. It connects services that are still fragmented:
- peer-to-peer production and consumption by prosumers
- smart billing and settlement
- carbon credit tracking
With a shared pool of data, prosumers can take part in grid balancing. Near real-time consumption data makes smart billing possible and cuts intermediaries out of settlement. Carbon credits recorded on the ledger can't be resold or reused, and communities of prosumers can receive them.
Main features
- A standard data structure for energy production and consumption
- A protocol for exchanging certified data
- A decentralised ledger of the values exchanged
The goal: settlement data from local meters moves between providers, utilities, aggregators and DSOs or TSOs, even across borders, without replacing the systems they already run. Privacy is set layer by layer, and the data stays accurate.
Key points
Funded by the European Union's Horizon 2020 research and innovation programme through the LEDGER project, grant agreement No. 825268. May 2019.