Feb 2019
Electricity Transmission and Electricity Distribution
Feb 2019
Jun 2020
National Grid Electricity System Operator, SP Energy Networks and UK Power Networks
Adrian Sellar
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Network Innovation Allowance
ET - Network improvements and system operability
Asset Management and Control Systems
‘RecorDER’ is a collaboration between National Grid, UK Power Networks, SP Energy Networks and Electron to develop and demonstrate an asset register for Energy Resources. The project seeks to define, assess and pilot a blockchain-based asset register, enabling parties to use and reference a shared data set of generation and flexibility resources. The project aims to pilot a Minimum Viable Product (MVP) and, where possible, determine requirements for a full-scale deployment in future iterations of the project.
At the end of the project, we will understand:
  • Whether a shared asset register for flexibility assets will
        o Enhance whole-electricity-system visibility
        o Facilitate easier trading of assets across transmission and distribution
        o Enhance efficiency of data transfer
        o Improve data quality and accuracy
        o Enable more efficient and dynamic registration of assets
  • Whether a blockchain solution can
        o provide a flexible, innovative architecture for a shared asset register
        o provide a secured validated permissions architecture to manage asset data
  • What investment and effort will be required to roll out the register across GB