British households and businesses will soon be able to buy and sell their own energy directly within a local energy market under ambitious new ‘smart-grid’ plans to be unveiled this week.
Network operators such as SSE Networks, UK Power Networks and Scottish Power Networks believe smart technologies could help create mini regional energy markets across the country, in addition to the national transmission system.
Under the pan-industry plans, power from solar panels on properties or from electric vehicles could be sold back to the network, or even directly to neighbours using block-chain technology.
View all SMART GRID Bulletins click here
Enter your email-id to subscribe to theSMARTGRID Bulletins