ITEA 4 is the Eureka Cluster on software innovation
ITEA 4 is the Eureka Cluster on software innovation

BENTRADE

Blockchain Based Energy Trading Platform

Project description

Demand for electricity is set to grow and cost-effective solutions are emerging to optimize and effectively manage the transitioning electrical grid. BENTRADE aims to provide an innovative software platform with services and tools for rapid development and deployment of Demand-side Flexibility Management (DSFM) and energy trading solutions. The BENTRADE platform will help to overcome some of the key challenges in the energy sector—most notably intermittency, sectoral silos, balancing distribution-connected generation, managing consumer self-generation, aging grids, and coping with increasing system complexity.


Project publications