Use of blockchain based distributed consensus control
A system for the cryptographically-secure, autonomous control of devices comprising, connected to or remotely operating devices in an electrically powered network and the transaction of the benefits, costs or value created by or transacted through the devices in this electrically powered network.
1. A computer-implemented method comprising:
receiving, by a self-executing contract, settlement information of an energy transaction from at least two nodes in a network, the network comprising a plurality of nodes, a subset of the plurality of nodes maintaining at least a predetermined number of tokens, the subset comprising the at least two nodes, each node of the subset comprising at least one token as a requirement for participation on the network, the energy transaction comprising an exchange between the at least two nodes for one or more tokens, each token representing a value;
validating a current state of a public ledger;
generating fulfillment information based on the received settlement information; and
contributing to an updated state of the public ledger using the fulfillment information.
2. The computer-implemented method of claim 1 , wherein the self-executing contract is for at least one of buying, selling, or bartering based on the tokens.
3. The computer-implemented method of claim 1 , wherein the public ledger stores information representing renewable energy certificates.
4. The computer-implemented method of claim 1 , further comprising assigning a token value to infrastructure costs.
5. The computer-implemented method of claim 1 , wherein at least one token represents at least one of carbon offset/credits or impact, renewable energy certificates, energy efficiency credit or impact, flexibility or demand response credit or impact.
6. The computer-implemented method of claim 1 , wherein at least one token represents at least one of energy loss due to transmission, constraint in operation condition, or asset utilization.
7. A system comprising:
a network comprising a plurality of nodes, a subset of the plurality of nodes maintaining at least a predetermined number of tokens, the subset comprising at least two nodes of the plurality of nodes, each node of the subset comprising at least one token as a requirement for participation on the network, each token representing a value;
wherein a node of the plurality of nodes generates a self-executing contract, the self- executing contract configured to:
receive settlement information of an energy transaction from the at least two nodes in the network, the energy transaction comprising an exchange between the at least two nodes for one or more tokens;
validating a current state of a public ledger;
generating fulfillment information based on the received settlement information; and
contributing to an updated state of the public ledger using the fulfillment information.
8. The system of claim 7 , wherein the self-executing contract is for at least one of buying, selling, or bartering based on the tokens.
9. The system of claim 7 , wherein the public ledger stores information representing renewable energy certificates.
10. The system of claim 7 , which assigns a token value to infrastructure costs.
11. The system of claim 7 , wherein at least one token represents at least one of carbon offset/credits or impact, renewable energy certificates, energy efficiency credit or impact, flexibility or demand response credit or impact.
12. The system of claim 7 , wherein at least one token represents at least one of energy loss due to transmission, constraint in operation condition, or asset utilization.
13. A non-transitory computer storage medium encoded with computer program instructions that when executed by one or more computers cause the one or more computers to perform operations comprising:
receiving, by a self-executing contract, settlement information of an energy transaction from at least two nodes in a network, the network comprising a plurality of nodes, a subset of the plurality of nodes maintaining at least a predetermined number of tokens, the subset comprising the at least two nodes, each node of the subset comprising at least one token as a requirement for participation on the network, the energy transaction comprising an exchange between the at least two nodes for one or more tokens, each token representing a value;
validating a current state of a public ledger;
generating fulfillment information based on the received settlement information; and
contributing to an updated state of the public ledger using the fulfillment information.
14. The non-transitory computer storage medium of claim 13 , wherein the self-executing contract is for at least one of buying, selling, or bartering based on the tokens.
15. The non-transitory computer storage medium of claim 13 , wherein the public ledger stores information representing renewable energy certificates.
16. The non-transitory computer storage medium of claim 13 , wherein the operations further comprise assigning a token value to infrastructure costs.
17. The non-transitory computer storage medium of claim 13 , wherein at least one token represents at least one of carbon offset/credits or impact, renewable energy certificates, energy efficiency credit or impact, flexibility or demand response credit or impact.
18. The non-transitory computer storage medium of claim 13 , wherein at least one token represents at least one of energy loss due to transmission, constraint in operation condition, or asset utilization.
19. The computer-implemented method of claim 1 , wherein the value comprises information representing a quantity of energy.
20. The computer-implemented method of claim 19 , wherein the information representing the quantity of energy comprises information representing an energy production quantity or an energy consumption quantity.
21. The computer-implemented method of claim 19 , wherein the quantity of energy is associated with energy-related environmental products and/or monetization of the quantity of energy.
22. The computer-implemented method of claim 19 , wherein the quantity of energy is associated with a renewable energy certificate.
23. The computer-implemented method of claim 1 , wherein the self-executing contract is cryptographically secured.
24. The system of claim 7 , wherein the self-executing contract is cryptographically secured.
25. The computer-implemented method of claim 1 , wherein at least one node of the network is configured for at least one of energy production, energy consumption, energy storage, and energy curtailment.
26. The system of claim 7 , wherein at least one node of the network is configured for at least one of energy production, energy consumption, energy storage, and energy curtailment.
27. The non-transitory computer storage medium of claim 13 , wherein at least one node of the network is configured for at least one of energy production, energy consumption, energy storage, and energy curtailment.
28. The system of claim 7 , wherein the value comprises information representing a quantity of energy.
29. The system of claim 28 , wherein the information representing the quantity of energy comprises information representing an energy production quantity or an energy consumption quantity.
30. The system of claim 28 , wherein the quantity of energy is associated with energy-related environmental products and/or monetization of the quantity of energy.
31. The system of claim 28 , wherein the quantity of energy is associated with a renewable energy certificate.
32. The non-transitory computer storage medium of claim 13 , wherein the value comprises information representing a quantity of energy.
33. The system of claim 7 , wherein a third node is excluded from participation on the network based on the at least one token being absent at the third node.
34. The system of claim 7 , wherein the tokens represent multiple classes of tokens.
35. The system of claim 7 , wherein the exchange comprises an exchange for electrical energy.
36. The system of claim 7 , wherein each node of the network is associated with a reputation value based on historical transactions.