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Investors - MARCH 17, 2020

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Germany uses energy web blockchain to store wind energy in batteries

by Andrea Zander

The Energy Web Foundation (EWF) announced that German energy storage systems provider, Royal Dutch Shell subsidiary, sonnen Group is using its energy web chain and EW Origin software suite for a virtual power plant (VPP) in the country.

If too much wind energy flows into the grid, the sonnenBatteries in that region will store the excess energy.

“With a flexibility market for renewable energies and the automatic exchange of supply and demand, we are realizing the next step towards a smart grid that can deal much more flexibly with fluctuations from renewable energy,” says Jean-Baptiste Cornefert, managing director of sonnen eServices. “Virtual power plants such as those from sonnen are the technical building block for this power grid that has been missing up to now and can help to ensure that less green energy is lost.”

In 2018, around 5.4 terawatt hours (5.4 billion kilowatt hours) of energy from renewable sources were lost in Germany alone, due to sh

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