Blockchain’s Potential for Solar Powered EV Charging Stations

Event: Asia Clean Energy Forum 2019

Blockchain’s Potential for Solar Powered EV Charging Stations

18 June 2019
Author / Speaker: 
Lathika Chandra Mouli, Vertech Capital
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Electric Vehicles (EVs) are hailed as a silver bullet to reduce carbon emissions in smart cities. However, EV charging can destabilize the grid by spiking power demand. Evergo is a blockchain-based, plug-and-play backend system that addresses this challenge. It tracks energy trading and diversifies the energy mix for charging solutions. Evergo enables Machine-to-Machine communication between chargers, grid, and solar panels. It leverages on big data and analytics to provide smarter charging and load shifting. 

A pilot is being trialed in Thailand to test the blockchain’s ability to gather data that indicates the energy supply-demand match. Through this market-specific pilot, the presentation discussed best practices to overcome the ‘pilot trap’ for clean energy technologies. Using a ground-up assessment of Evergo’s use cases, the session highlighted the importance of public-private collaboration to achieve speed to market in the region.

Geographical Focus: 
Thailand
Australia
Subregional- Central and West Asia
Subregional- Southeast Asia
Type of Content: 
Learning Event

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