Port of Rotterdam testing blockchain and AI for renewables trading

Tierr@_de_N@die: Combining blockchain technologies with AI, Rotterdam port has shown during two months how to optimize power consumption of green and cheap energy

Each market participant is allocated an AI energy-trading agent that learns their behavior, choices and needs and provides them with energy at the optimal price. Buyers and sellers can access localized, dynamic prices for energy, and the system is designed to deter excessive power consumption when generation is low by offering lower prices when the supply is abundant. Blocklab said this builds upon «proven practices in commodities and financial market[s],» optimized through AI to automatically balance supply and demand.

Source (cointelegraph.com): Port of Rotterdam testing blockchain and AI for renewables trading