Japan: Fujitsu Completes Blockchain-Powered Electricity Test with ENERES to Improve Demand Response

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Fujitsu, the Japanese IT firm recently completed a trial of a solution powered by blockchain tech that seeks to address issues with management of surplus power. The firm partnered with ENERES, a local power distributor to use the blockchain for better power-sharing. This is usually administered via the Demand Response process. The agreement between consumers and companies called DR tries to anticipate periods of peak demand to ensure surplus power reaches those that need it. According to Fujitsu, the current technology used in DR is quite inefficient. However, by using the blockchain, Fujitsu has been able to demonstrate that they can improve efficiency.

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