December 17 (Renewables Now) - Acciona Energia, the renewables unit of Spain's Acciona SA (BME:ANA), plans to launch a new blockchain-based tool to allow customers to trace the renewable nature of its electricity generation worldwide.
The company's customers will thus be able to check in real time and from any location, with complete security and privacy, the origin of the clean electricity supplied to them.
Named GREENCHAIN, the new tool has been developed in partnership with software firm FlexiDAO, selected by Acciona in the second edition of its open innovation programme I’MNOVATION.
At its early stages, it allowed Acciona's Portuguese clients to trace the renewable generation from five wind and hydro facilities in Spain. The company has, under the STORECHAIN project, also made possible the traceability through blockchain of power from wind and solar capacities with battery storage in Navarra, Spain.
Acciona is now looking to introduce the new service in countries that do not have consolidated renewable energy certification systems, such as important markets in Latin America like Mexico and Chile.
"Tracing the renewable origin of energy is an ever-increasing demand, associated with the growth of the corporate contracting market for green energy, and blockchain technology can facilitate this service considerably to clients in any part of the world," said Belen Linares, head of innovation at Acciona Energia.