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Global Energy took part in launching the blockchain of the Volga Branch of Moscow Power Engineering Institute

Blockchain network was launched in the Volga Branch of Moscow Power Engineering Institute. This network is an add-in to the system of energy facilities reliability and safety forecasting system developed by Moscow Power Engineering Institute. The blockchain network, called Global Energy, will assure safe data exchange and improve the level of trust between the sector participants. Maksud Sultanov, the Director of the Volga Branch of Moscow Power Engineering Institute, Oleg Nikolayev, the Vice-Governor of Volgograd Region, Rae Kwon Chung, the Global Energy Prize International Award Committee Chair, as well as , the Global Energy Prize International Award Committee members William Byun (Singapore), Dmitri Bessarabov (South Africa) and Liye Xiao (China).

03.07.2024
in Events, News, Projects
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Global Energy took part in launching the blockchain of the Volga Branch of Moscow Power Engineering Institute
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“Blockchain technologies make it possible to automate the exchange of data on the use of generating capacity within a local or regional power system, which is especially important with the growing popularity of wind and solar energy. This is why such technologies will be widely used,” said Rae Kwon Chung, Nobel laureate, honorary doctor of MPEI, chairman of the Global Energy Prize International Committee.

The event was part of the visit of the Global Energy Prize International Award Committee members to the Volga Branch of Moscow Power Engineering Institute. During this visit, the guests saw the solar power plant of the institute and a series of modern research laboratories specializing in chemical, digital and information technologies, as well as in automated control systems for thermal and hydro power plants. At the end of the visit, as a token of partnership with the Volga Branch of Moscow Power Engineering Institute, planted fur-trees in the territory of the institute park.

Tags: EngineeringPower EngineeringPower plantsSolarSolar EnergyWind

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