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1
Microgrid Intelligence System for Energy built on Ethereum
Peer-to-Peer Energy Transaction and Control
2
Distributed
Energy
Resources
3
Microgrids
Martha
40-year homeowner in Park Slope, Brooklyn
1st solar panels on her block
Can Martha sell her solar surplus
to neighbors? Not currently.
Net Metering
Surplus spins her meter in reverse
4
President Street Microgrid Sandbox
Brooklyn
Potential
Neighbor
Consumers
Solar
Renewable
Producers
President St
Park Slope,
Brooklyn
Martha’s
5
Is our “green energy” really green?
RECs
(Renewable Energy Credits) and its inefficiencies
Microgrids
produce energy locally (less dissipation) and add resiliency to grid
Smart Meters
providing near-real-time data and granular information
6
7
Transacting Local Energy with Neighbors
NeighborMartha
8
Transacting Local Energy with Neighbors
NeighborMartha
Regular MeterSmart Meter
Produces Surplus Consumes Surplus
9
Transacting Local Energy with Neighbors
Regular MeterSmart Meter
Local
Transactive Microgrid
Produces Surplus Consumes Surplus
NeighborMartha
Regional
Renewable Provider
Smart Contracts to:
Tokenize Surplus Energy
Create P2P Market
10
Transacting Local Energy with Neighbors
Regular MeterSmart Meter
Regional
Renewable Provider
Local
Transactive Microgrid
Produces Surplus Consumes Surplus
Consumers can choose where to
buy renewables from:
Monthly bill:
10% from Regional
10% from Local Microgrid
NeighborMartha
11
Transacting Local Energy with Neighbors
Regular MeterSmart Meter
Regional
Renewable Provider
Local
Transactive Microgrid
Produces Surplus Consumes Surplus
Consumers can choose where to
buy renewables from:
NeighborMartha
Monthly bill:
10% from Regional
10% from Local Microgrid
Works on top of
existing
infrastructure.
Utilities can receive
transaction &
maintenance fees.
12
Regular MeterSmart Meter
Regional
Renewable Provider
Surplus energy physically flows from
house A to B to be compatible with
existing Regular Meters, but local
accounting at Smart Meter is different:
Smart Meter:
● Solar Surplus Energy Credits
● Energy Credits traded in a local
Microgrid Energy Market based
on smart contracts
Simple: Build on current infrastructure
Microgrid Energy
Market
© 2015
TransActive Grid 1.0 (MVP)
NeighborMartha
13
Ethereum
Bitcoin
Digital Currency
P2P Consensus
Distributed
Ledger
Turing-Complete
Programming
Language
Ethereum
Smart Contracts
Decentralized
Applications
(dApps)
+
value-awareness,
blockchain-awareness,
state-awareness
© 2015
14
Community Energy Market - Sharing Economy
© 2015
Tokenization P2P Markets
Tokenization of
energy consumption
and surplus energy
production makes a
market
Markets recognize
local investments,
impacts and the real
value of local
renewable energy
15
Community Energy Market - Sharing Economy
Rise of the Prosumer:
Producer-Consumer of
Energy.Neighbor-to-
neighbor, neighbor-to-
business
© 2015
Tokenization P2P Markets Prosumers
Tokenization of
energy consumption
and surplus energy
production makes a
market
Markets recognize
local investments,
impacts and the real
value of local
renewable energy
16
Community Energy Market - Sharing Economy
Community Microgrid
and Energy Services
Companies (ESCOs):
empower customers to
optimize energy costs
according to their
priorities, monetizing
system & social values
Tokenization of
energy consumption
and surplus energy
production makes a
market
Markets recognize
local investments,
impacts and the real
value of local
renewable energy
Rise of the Prosumer:
Producer-Consumer of
Energy.Neighbor-to-
neighbor, neighbor-to-
business
© 2015
Tokenization P2P Markets Prosumers Community ESCOs
17
Future Milestones
TransActive Grid 2.0 Smart Meter Proliferation
Transact and price energy with Microgrid neighbors directly
TransActive Grid 2.5 User Value-driven
Transact based on values
Price, green energy, clean signals, social good
Multi-factor tokens to encourage what you want to see in the market
Reputation system
Microgrid
Market
Value
© 2015
18
TransActive Grid 3.0
Blockchain-Based, Microgrid Intelligence System
● Transactive, distributed
consensus intelligence system
developed to control Microgrids
● Based on open source,
cryptographically-secure protocol
layer delivering military-grade
cybersecurity and real-time data
● Auditable, immutable, peer-to-
peer & secure
Smart Grid Control
Smart Grid Technology
19
Daily
Neighborhood Stats
Your Max Contribution
$4 daily
$4.50 average
Your Max
YOU
Neighbor 1
Neighbor 2
Neighbor 3
Neighbor 4
Local Average
Max
Contribution
$4.00
$4.50
$3.50
$5.50
$3.00
$4.50
Local Microgrid Volume*
Today’s Local Champ
* Increasing Your Max can increase your Volume tomorrow
Daily
Con Ed $1.25 $7.13
From per kWh total cost
Your Local Microgrid Offset 25%
Your Max Contribution
Your Total Usage 7.6 kWh
$4 daily
$4.50 average
Your Max
* price may change based on local demand
Your Usage Neighborhood Your Usage Neighborhood
1.9 kWh
1.9 kWh
UI Concepts
Local Microgrid $2.01* $3.82
How much do you want to
pay for local renewable
energy?
Neighborly competition,
incentivization
P2P market sets price
Set it and forget it
20
TransActive Grid - Team
Founder LO3 Energy with
more than 15 years
experience in all aspects of
utility energy efficiency
program management,
design, implementation and
marketing – as well as a
strong understanding of the
energy policy and regulatory
environment, Lawrence is
versed in the technology and
inner workings of the utility
industry.
Bill is a finance professional
with decades of experience
in investment banking,
structured finance, and
environmental markets.
Working as a derivatives
specialist in Asia, Bill used
his creativity and knowledge
of financial markets to spot
unique and innovative ways
to help his customers (large
government, state and
private counterparties)
identify and manage complex
financial risks.
Co-founder of Ethereum and
founder of ConsenSys. An
academic background in
Electrical Engineering and
Computer Science from
Princeton University and
research experience in the
field of Robotics Learning.
Former VP of Technology at
Goldman Sachs in the Private
Wealth Management
Division.
Received a Ph.D. from the
KTH Royal Institute of
Technology in Math with a
specialization in Algebraic
Geometry, Moduli Spaces.
Christian has worked as a
software engineer at
Bloomberg Financial and is
a smart contracts
developer and blockchain
strategist at ConsenSys. He
works on diverse projects
including financial
applications, wallets, and
identity & persona..
Lawrence Orsini William Collins Christian LundkvistJoseph Lubin
Dedicated to delivering
solutions that enable
companies across
industries and geographies
to benefit from simplified
technology landscapes,
integrated processes,
streamlined operations and
improved agility and
performance the Ethereum
blockchain ecosystem
delivers. Project Manager
at ConsenSys Enterprise
and Operations at LO3
Energy.
John Lilic
UX designer and UI
developer improving end-
user experience for
Ethereum and blockchain-
based applications at
ConsenSys. Eva has a
background in transit and
geospatial projects at open
source organizations. She
holds a Masters in Human
Computer Interaction from
Carnegie Mellon. At
ConsenSys she helps with
UX for various projects.
Eva Shon
Energy Domain Expert Energy Markets Expert Crypto-Financial EngineerConsenSys Founder Project Manager User Experience
© 2015
21
is a joint venture between

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TransActive Grid

  • 1. 1 Microgrid Intelligence System for Energy built on Ethereum Peer-to-Peer Energy Transaction and Control
  • 3. 3 Microgrids Martha 40-year homeowner in Park Slope, Brooklyn 1st solar panels on her block Can Martha sell her solar surplus to neighbors? Not currently. Net Metering Surplus spins her meter in reverse
  • 4. 4 President Street Microgrid Sandbox Brooklyn Potential Neighbor Consumers Solar Renewable Producers President St Park Slope, Brooklyn Martha’s
  • 5. 5 Is our “green energy” really green? RECs (Renewable Energy Credits) and its inefficiencies Microgrids produce energy locally (less dissipation) and add resiliency to grid Smart Meters providing near-real-time data and granular information
  • 6. 6
  • 7. 7 Transacting Local Energy with Neighbors NeighborMartha
  • 8. 8 Transacting Local Energy with Neighbors NeighborMartha Regular MeterSmart Meter Produces Surplus Consumes Surplus
  • 9. 9 Transacting Local Energy with Neighbors Regular MeterSmart Meter Local Transactive Microgrid Produces Surplus Consumes Surplus NeighborMartha Regional Renewable Provider Smart Contracts to: Tokenize Surplus Energy Create P2P Market
  • 10. 10 Transacting Local Energy with Neighbors Regular MeterSmart Meter Regional Renewable Provider Local Transactive Microgrid Produces Surplus Consumes Surplus Consumers can choose where to buy renewables from: Monthly bill: 10% from Regional 10% from Local Microgrid NeighborMartha
  • 11. 11 Transacting Local Energy with Neighbors Regular MeterSmart Meter Regional Renewable Provider Local Transactive Microgrid Produces Surplus Consumes Surplus Consumers can choose where to buy renewables from: NeighborMartha Monthly bill: 10% from Regional 10% from Local Microgrid Works on top of existing infrastructure. Utilities can receive transaction & maintenance fees.
  • 12. 12 Regular MeterSmart Meter Regional Renewable Provider Surplus energy physically flows from house A to B to be compatible with existing Regular Meters, but local accounting at Smart Meter is different: Smart Meter: ● Solar Surplus Energy Credits ● Energy Credits traded in a local Microgrid Energy Market based on smart contracts Simple: Build on current infrastructure Microgrid Energy Market © 2015 TransActive Grid 1.0 (MVP) NeighborMartha
  • 13. 13 Ethereum Bitcoin Digital Currency P2P Consensus Distributed Ledger Turing-Complete Programming Language Ethereum Smart Contracts Decentralized Applications (dApps) + value-awareness, blockchain-awareness, state-awareness © 2015
  • 14. 14 Community Energy Market - Sharing Economy © 2015 Tokenization P2P Markets Tokenization of energy consumption and surplus energy production makes a market Markets recognize local investments, impacts and the real value of local renewable energy
  • 15. 15 Community Energy Market - Sharing Economy Rise of the Prosumer: Producer-Consumer of Energy.Neighbor-to- neighbor, neighbor-to- business © 2015 Tokenization P2P Markets Prosumers Tokenization of energy consumption and surplus energy production makes a market Markets recognize local investments, impacts and the real value of local renewable energy
  • 16. 16 Community Energy Market - Sharing Economy Community Microgrid and Energy Services Companies (ESCOs): empower customers to optimize energy costs according to their priorities, monetizing system & social values Tokenization of energy consumption and surplus energy production makes a market Markets recognize local investments, impacts and the real value of local renewable energy Rise of the Prosumer: Producer-Consumer of Energy.Neighbor-to- neighbor, neighbor-to- business © 2015 Tokenization P2P Markets Prosumers Community ESCOs
  • 17. 17 Future Milestones TransActive Grid 2.0 Smart Meter Proliferation Transact and price energy with Microgrid neighbors directly TransActive Grid 2.5 User Value-driven Transact based on values Price, green energy, clean signals, social good Multi-factor tokens to encourage what you want to see in the market Reputation system Microgrid Market Value © 2015
  • 18. 18 TransActive Grid 3.0 Blockchain-Based, Microgrid Intelligence System ● Transactive, distributed consensus intelligence system developed to control Microgrids ● Based on open source, cryptographically-secure protocol layer delivering military-grade cybersecurity and real-time data ● Auditable, immutable, peer-to- peer & secure Smart Grid Control Smart Grid Technology
  • 19. 19 Daily Neighborhood Stats Your Max Contribution $4 daily $4.50 average Your Max YOU Neighbor 1 Neighbor 2 Neighbor 3 Neighbor 4 Local Average Max Contribution $4.00 $4.50 $3.50 $5.50 $3.00 $4.50 Local Microgrid Volume* Today’s Local Champ * Increasing Your Max can increase your Volume tomorrow Daily Con Ed $1.25 $7.13 From per kWh total cost Your Local Microgrid Offset 25% Your Max Contribution Your Total Usage 7.6 kWh $4 daily $4.50 average Your Max * price may change based on local demand Your Usage Neighborhood Your Usage Neighborhood 1.9 kWh 1.9 kWh UI Concepts Local Microgrid $2.01* $3.82 How much do you want to pay for local renewable energy? Neighborly competition, incentivization P2P market sets price Set it and forget it
  • 20. 20 TransActive Grid - Team Founder LO3 Energy with more than 15 years experience in all aspects of utility energy efficiency program management, design, implementation and marketing – as well as a strong understanding of the energy policy and regulatory environment, Lawrence is versed in the technology and inner workings of the utility industry. Bill is a finance professional with decades of experience in investment banking, structured finance, and environmental markets. Working as a derivatives specialist in Asia, Bill used his creativity and knowledge of financial markets to spot unique and innovative ways to help his customers (large government, state and private counterparties) identify and manage complex financial risks. Co-founder of Ethereum and founder of ConsenSys. An academic background in Electrical Engineering and Computer Science from Princeton University and research experience in the field of Robotics Learning. Former VP of Technology at Goldman Sachs in the Private Wealth Management Division. Received a Ph.D. from the KTH Royal Institute of Technology in Math with a specialization in Algebraic Geometry, Moduli Spaces. Christian has worked as a software engineer at Bloomberg Financial and is a smart contracts developer and blockchain strategist at ConsenSys. He works on diverse projects including financial applications, wallets, and identity & persona.. Lawrence Orsini William Collins Christian LundkvistJoseph Lubin Dedicated to delivering solutions that enable companies across industries and geographies to benefit from simplified technology landscapes, integrated processes, streamlined operations and improved agility and performance the Ethereum blockchain ecosystem delivers. Project Manager at ConsenSys Enterprise and Operations at LO3 Energy. John Lilic UX designer and UI developer improving end- user experience for Ethereum and blockchain- based applications at ConsenSys. Eva has a background in transit and geospatial projects at open source organizations. She holds a Masters in Human Computer Interaction from Carnegie Mellon. At ConsenSys she helps with UX for various projects. Eva Shon Energy Domain Expert Energy Markets Expert Crypto-Financial EngineerConsenSys Founder Project Manager User Experience © 2015
  • 21. 21 is a joint venture between