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"Solar Experiment Lets Neighbors Trade Energy Among Themselves"

"Brooklyn is known the world over for things small-batch and local, like designer clogs, craft bourbon and artisanal sauerkraut.

Now, it is trying to add electricity to the list.

In a promising experiment in an affluent swath of the borough, dozens of solar-panel arrays spread across rowhouse rooftops are wired into a growing network. Called the Brooklyn Microgrid, the project is signing up residents and businesses to a virtual trading platform that will allow solar-energy producers to sell excess-electricity credits from their systems to buyers in the group, who may live as close as next door.

The project is still in its early stages — it has just 50 participants thus far — but its implications could be far reaching. The idea is to create a kind of virtual, peer-to-peer energy trading system built on blockchain, the database technology that underlies cryptocurrencies like Bitcoin."

Diane Cardwell reports for the New York Times March 13, 2017.March 13, 2017.

Source: NY Times, 03/14/2017