Grid+ Drives Green Energy.
Creates economic incentives through market-based energy pricing encouraging the adoption of distributed generation (solar panels), and distributed energy storage (batteries).
Increases Efficiency
Encourages the adoption of distributed energy resources (DERs) allowing more efficient utilization of existing grid infrastructure.
Respond to Demand The intelligent agent can help balance the load on the grid by controlling smart devices, such as a NEST thermostat or a Tesla charger and generate revenue.
Arbitrage Energy Your agent can leverage energy storage, such as the Tesla Powerwall, to purchase energy when it is cheap or free, and either use it or resell it when prices peak.
Efficiently Predict Usage Privately share information about your schedule with your agent so that it can purchase electricity in the most cost effective markets to meet your future demand.
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TransactiveGrid is formed to demonstrate tokenization and trading of energy between participants with atomic functionality. Prototype is tested on a microgrid in Brooklyn.
2
2016
Co-Tricity project is born to explore energy trading between residential and commercial customers. Prototype is developed with European partners.
3
2016-Present
ConsenSys engages with multiple Fortune 50 energy companies. Several engagements are still ongoing. A small network of Ethereum-aware smart-batteries is deployed in Europe, successfully trading energy with one another.
4
Q2 2017 - Q3 2017
Alex, Mark, and Karl branch off of Enterprise engagements to form Grid+. Software MVP is developed in parallel with hardware agent prototype. The Grid+ white paper is released.
5
Q3 2017
GRID tokens are sold. See white paper for more information.
6
Q4 2017-Q3 2018
First utility is established in targeted region (Q4 2017)
Agent production begins (Q1 2018)
Agents are shipped to first customers and service begins (Q2 2018)
Software reaches v1.0 (Q3 2018)
7
Q4 2018 - Q3 2019
Raiden hub opened and payment channels migrated (Q4 2018)
Hardware agents contain secure enclaves and production process scales (Q1 2019)
Agent opened to external data feeds, allowing crude AI (Q1 2019)
1-3 new utilities established and many more customers onboarded (Q2 2019 - Q3 2019)
Software reaches v2.0 (Q1 2019).
8
Q4 2019-Beyond
Hardware production fully scalable (Q4 2019 - Q2 2020)
Many more utilities established, including international expansion (Q4 2019 - Beyond)
AI optimized to facilitate much more intelligent energy decisions (Q1 2020 - Beyond).