Blockchain Battery Grids Are Powering Up at Lightning Speed

[SRShanuka2020]

Blockchain Battery Grids Are Powering Up at Lightning Speed

Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union.

Ecologic technology news outlet, Green Tech Media, reported on May 29 that three major European Union’s electricity transmission system operators, or TSOs, joined Equigy’s platform. More precisely, TSO with operations in Germany and the Netherlands TenneT, Swiss TSO Swissgrid and Italian TSO Terna all joined the network.

According to company data website Owler, TenneT has an estimated annual revenue of $1 billion, while Terna $2.3 billion. Furthermore, Energinet — a Danish TSO with an estimated annual revenue of $8.6 million — Energinet is also currently joining the initiative.

Visit For More info: Here