Date: Wednesday, October 18th 2017
Time: 15:00 – 17:00
Location: Energy Academy building, Nijenborgh 6, room 0029
Can Blockchain become the necessary solution to handling the growing demand for energyflexibility? The rising share of renewable energy in our energy mix increasingly requires more demand flexibility from the energy system in order for it to remain balanced. Moreover, our market is moving towards a new reality, in which prosumers increasingly meet their local energy demand. Prosumers can be part of the needed flexibility. Our current market model, however, dates from the pre-renewables era and does not create the incentives needed to stimulate residential prosumers to share their flexibility.
Blockchain, a breakthrough in digital technology, can provide the necessary solution. It is a special technology for peer-to-peer transaction platforms that uses decentralized storage to record all transaction data. Blockchains can operate as a public system (Bitcoin) or as a closed, private system, such as within a group of traders. The idea of using blockchain technology to facilitate trading within energy markets is growing more popular by the day.
This technology has the potential to spectacularly change energy supply as we know it. By initially introducing it to individual sectors, it can ultimately transform the entire energy market.
This lecture will provide you with an advanced level of understanding the structures of blockchain in energy markets. Do not miss this unique opportunity and register today – calling students from all study fields, to participate!
Gaston Hendriks is co-founder and CTO of Energy21, designing and developing solutions for the key players in the liberalized energy markets for almost 20 years. He has a personal curiosity in energy market model design and the translation of market processes into business processes. Experience with design and delivery of solutions, analytical consultancy, process consultancy, energy trade and renewable energy. Recently he is involved with the design of future energy market models that enable decentralized flexibility and smart energy applications.
Early 2011 he became enthusiast about blockchain and in 2013 he co-founded Quantoz, a blockchain technology company. Quantoz develops blockchain based solutions for finance and logistics. The combination of energy market experience and blockchain knowledge has also resulted in a combined Energy21 – Stedin initiative towards a possible community energy market model design.
Gaston has a Master of Science degree in Electrotechnical Engineering at the Technical University of Eindhoven.
It is defined as an Energy Learning Activity for students of the Hanze UAS and the University of Groningen. Students are invited to attend as many Energy Learning Activities as they want, at all stages of their education.
Energy Learning Activities are part of the Energy Academy Europe Certificate. If students follow 10 Energy Learning Activities and also complete 30 ECTS in energy courses at Hanze UAS or the University of Groningen, they are eligible for obtaining the EAE Certificate.