The City of Groningen has an ambitious vision to be energy neutral by 2025, with all the energy used in the city originating from renewable sources.
This is a STELLAR project. Spectral was selected to implement the technical solution, to advise on the regulatory changes needed to scale the solution and to support the city in getting local communities on board.
Spectral’s technology development incorporates both hardware and software. Our new tamper-proof, small-scale device for writing energy data to the blockchain will be connected with the smart meter in each participating household. Accompanying software will enable the local market for energy transactions which will then be visualised for all participants. In the long term, as the project scales, these local markets will be connected with the wholesale and balancing markets, thereby facilitating a blockchain-enabled platform for a fully-integrated, decentralised energy market.