The US Department of Energy (DOE) has awarded a $1.05 million grant to energy company ComEd, the University of Denver, Virginia Tech and software specialist BEM to create an energy internet that will enhance building energy management and benefits to occupants. 

BEM will function as the developer of the blockchain-based  transactive energy platform and will utilize their Controls Software which incorporates time-based energy management and control of interior spaces in buildings to achieve greater efficiency.  

ComEd will use its Grid of the Future Lab to demonstrate and test the functionality of the system over the course of three years. 

Source: ComEd

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