Contentful ID
662fd36a-2a7d-ce69-110b-98169c1954f0-draft
Company Values
Entity Description
Electron provides enterprise-level solutions that leverage private distributed ledger (blockchain) technology to create digital marketplaces for wholesale market integration and coordination.
Entity Name
Electron
Focus Areas
General - Organization
Entity Type
Company
Is LCRI Company?
No
Technology Areas
Technology Description
The core of Electron’s Ethereum blockchain-based market platform is the shared asset register, which manages identity and registration of distributed grid assets (and/or meters) and their key attributes, including asset type, ownership, contractual obligations, credit generation, and performance. It features data access permissioning, know-your-customer (root of trust), provenance (stream of trust), and data integrity. Participants on the platform are qualified market participants including utilities, grid operators, energy aggregators, virtual power plant operators, storage vendors, third-party energy service providers, and large C&I energy managers. Electron’s product is a platform that facilitates asset identity establishment and maintenance; it is not a dispatch control platform, nor is it intended to be used directly by customers.