Exergy token
A method for the management of energy data includes methods, systems and computer program products. One of the methods includes receiving, by a self-executing contract, settlement information from at least two nodes in a network, the network comprising a plurality of nodes, each node in the plurality of nodes may maintain at least a predetermined number of tokens, each token representing a value. The method includes validating a current state of a public ledger. The method includes generating fulfillment information based on the received settlement information. The method also includes contributing to an updated state of the public ledger using the fulfillment information; wherein each token is associated with a payload describing the production, consumption, management, storage or transmission of electricity.
1. A computer-implemented method for managing electrical energy transactions over a network, the method comprising:
receiving, by a processor located at a source node of the network, wherein the network comprises at least the source node and a destination node, an indication that the source node has generated a quantity of energy, wherein the source node generates electrical energy and the destination node consumes electrical energy or stores electrical energy, wherein the indication comprises an identifier of the source node and the quantity of generated energy;
based on the received indication, generating, by the processor, a token representing the quantity of generated energy and representing an energy characteristic of the quantity of generated energy;
receiving from the destination node, by the processor, a request to transmit a quantity of requested energy to the destination node;
identifying, by the processor, a location of the destination node and a distance between the source node and the destination node;
recording, by the processor, to a public ledger of a blockchain, information of a transaction between the source node and the destination node associated with the quantity of requested energy and information relating to the generated token; and
initiating transmission of, at the source node, the quantity of requested energy from the source node to the destination node based on the generated token and the received request.
2. The computer-implemented method of claim 1 , further comprising estimating, using a loss calculation, an energy loss that the quantity of requested energy is estimated to experience along an electrical routing path from the source node to the destination node by estimating losses associated with voltage conversion losses experienced along the electrical routing path.
3. The computer-implemented method of claim 2 , wherein estimating the energy loss comprises estimating energy loss associated with one or more electrical transformers of the electrical routing path.
4. The computer-implemented method of claim 1 , wherein the energy characteristic represents the energy generation.
5. The computer-implemented method of claim 1 , wherein the energy characteristic of the token comprises information of a time related to the generation of the quantity of generated energy.
6. The computer-implemented method of claim 1 , further comprising prioritizing the transaction of the source node to the destination node over requests for the quantity of requested energy from other nodes of the network.
7. The computer-implemented method of claim 1 , wherein the energy characteristic of the token comprises information of a physical process related to the generation of the quantity of generated energy.
8. A system for managing electrical energy transactions over a network, the system comprising:
a processor located at a source node of the network, wherein the network comprises at least the source node and a destination node; and
a non-transitory computer-readable medium storing instructions thereon which, when executed by the processor, causes the processor to perform operations comprising:
receiving an indication that the source node has generated a quantity of energy, wherein the source node generates electrical energy and the destination node consumes electrical energy or stores electrical energy, wherein the indication comprises an identifier of the source node and the quantity of generated energy;
based on the received indication, generating a token representing the quantity of generated energy and representing an energy characteristic of the quantity of generated energy;
receiving from the destination node, a request to transmit a quantity of requested energy to the destination node;
identifying a location of the destination node and a distance between the source node and the destination node;
recording to a public ledger of a blockchain, information of a transaction between the source node and the destination node associated with the quantity of requested energy and information relating to the generated token; and
initiating transmission of the quantity of requested energy from the source node to the destination node based on the generated token and the received request.
9. The system of claim 8 , further comprising estimating, using a loss calculation, an energy loss that the quantity of requested energy is estimated to experience along an electrical routing path from the source node to the destination node by estimating energy loss associated with voltage conversion losses experienced along the electrical routing path.
10. The system of claim 9 , wherein estimating the energy loss comprises estimating energy loss associated with one or more electrical transformers of the electrical routing path.
11. The system of claim 8 , wherein the energy characteristic represents energy generation.
12. The system of claim 8 , further comprising prioritizing the transaction of the source node to the destination node over requests for the quantity of requested energy from other nodes of the network.
13. The system of claim 8 , wherein the indication from the source node comprises information of a physical process that generated the generated energy.
14. A non-transitory computer-readable medium storing instructions that, when executed by a processor located at a source node of a network manage electrical energy transactions over the network, wherein the network comprises at least the source node and a destination node, cause the processor to perform operations comprising:
receiving an indication that the source node has generated a quantity of energy, wherein the source node generates electrical energy and the destination node consumes electrical energy or stores electrical energy, wherein the indication comprises an identifier of the source node and the quantity of generated energy;
based on the received indication, generating a token representing the quantity of generated energy and representing an energy characteristic of the quantity of generated energy;
receiving from the destination node, a request to transmit a quantity of requested energy to the destination node;
identifying a location of the destination node and a distance between the source node and the destination node;
recording to a public ledger of a blockchain, information of a transaction between the source node and the destination node associated of the quantity of requested energy and information relating to the generated token; and
initiating transmission of the quantity of requested energy from the source node to the destination node based on the generated token and the received request.
15. The non-transitory computer-readable medium of claim 14 , further comprising estimating, using a loss calculation, an energy loss that the quantity of requested energy is estimated to experience along an electrical routing path from the source node to the destination node by estimating energy loss associated with voltage conversion losses experienced along the electrical routing path.
16. The non-transitory computer-readable medium of claim 15 , wherein estimating the energy loss comprises estimating energy loss associated with one or more electrical transformers of the electrical routing path.
17. The non-transitory computer-readable medium of claim 14 , wherein the energy characteristic represents energy generation.
18. The non-transitory computer-readable medium of claim 14 , comprising prioritizing the transaction of the source node to the destination node over requests for the quantity of requested energy from other nodes of the network.
19. The non-transitory computer-readable medium of claim 14 , wherein the indication from the source node comprises information of a physical process that generated the generated energy.
20. The non-transitory computer-readable medium of claim 14 , wherein the token comprises information relating to the source node.