Energy Blockchain

Power Ledger is building an energy blockchain platform to connect all of the players of the energy ecosystem together - prosumers, consumers, market operators, utilities, etc. They want to “enable interoperability between diverse market management/pricing mechanisms and units of electricity (kWh) by way of pre-purchased tokens.”  Here's my take on what they are up to. Business Model / Offering Power Ledger's offering is a blockchain-based platform that facilitates participation by “all” parties in the energy ecosystem, called the Platform. Utilities and other 3rd-party businesses that will facilitate trading on the platform are called Application Hosts. Examples of Application Hosts include energy retailers, property managers, and EV-charging businesses. Participants are the consumers or non-Application Hosts and the users. There will or can be an unlimited number of applications that run on the Power Ledger Platform. The first, and only one currently available, is FuseBox

Drift has gotten a lot of press recently. Who are they and what are they building? This is my take - leave me a comment to let me know what I missed or what you think. Overview Drift (formerly Wovn Energy) is a startup out of Seattle founded in 2015. Drift officially launched in New York City as an energy services company in May 2017. About 20% of residential customers in NY get their energy from an independent company, and with all of the REV-related work going on, it seems like it could be a good place to be for them. The founders are: Co-founder, CEO - Greg Robinson, UW Seattle ‘09 (physics). One other previous job at Quester Energy Systems (a startup he helped co-found in 2009 for solar tracking systems with “wovyn” technology) Co-founder, CTO - Ed McKenzie - Cornell U ‘02 (operations research). Former Google Maps SW engineer/test, Microsoft SW engineer/test, Questar Energy Systems. Currently, it looks like they have around 10 or so employees. Offering / Business Mode