Internet of Things

Modernising electricity grids: from smart grids to blockchain - and The Faraday Grid

Modernising electricity grids: from smart grids to blockchain - and The Faraday Grid

A modern grid supplying modern electricity demands should be able to provide environmentally friendly energy securely and at an affordable price at once. There are a number of technology pathways being suggested to modernise the electricity grid, and adapt it to the new reality of distributed variable renewable generation. This article gives an overview of these technologies.

Resilience to cyber attack and the Faraday Grid solution

Resilience to cyber attack and the Faraday Grid solution

All actors in the electricity industry are responsible for security of supply. That is to say electricity provision to the end-users, within agreed levels of continuity and quality. For years, each part of the energy supply chain - from resource extraction to generation, transmission, distribution, markets, and increasingly end use - has relied on using digital systems. The digital connectivity of electricity grids and digital trading platforms for electricity are experiencing considerable innovation. This text considers grid resilience and risks to energy and cyber security in our society.