Chilean Energy commission (CNE) announced plans to publish energy generation, distribution and demand on an Ethereum based blockchain.
At first data of output capacity, average and marginal prices, fossil fuel costs, and registered residential generation, among others.
This is part of the ‘Energia Aberta’ (Open Energy) platform. Chilean energy authorities states that information is important for investment decision making, public policy and service to society. Such pioneer use of blockchain systems intends to keep information integrity.
Though not mentioned by chilean authorities, having residential energy output available in blockchain could spark the application of distributed energy, peer-to-peer energy market and smart contract. For instance, residents could help finance solar powered energy generation if they were able to sell excess generation to the grid. One of many proponents of such a system is SolarCity.