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Electron (Chaddenwych Services Limited).

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Electron (Chaddenwych Services Limited). - Energy & Power showcase

Year Founded & Workforce

2015

10 Employees

Industry

Energy & Power

Services

Electron
E

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Electron (Chaddenwych Services Limited). Overview

Company Headquarter: London, U.K.

Founded: 2015

Workforce: 1 -10

Company Working: Electron is the trading name of Chaddenwych Services Limited, a blockchain energy systems operator based in London, . The company is a developer and operator of blockchain based platforms for gas and electricity supply in U.K. Electron’s blockchain platform provides trading venue for all demand-side response actions and the blockchain technology is used to design efficient, resilient flexible systems for energy sector. Electron believes that the changes driving the energy sector would require an innovative solution such as the blockchain technology to ensure a secure, robust and transparent platform. Electron is currently operating in the energy industry’s transition into smart grids and other market changes such as decarbonization, decentralization, digitization, and democratization.

Company Snapshot

10

Employees

2015

Founded

Key Developments

DateApproachDevelopment
September 2017Product launchThe UK Government granted Electron, a London based blockchain energy operator, £640,000 (USD 865,110) for demonstrating the implementation of blockchain in help balancing the electricity grid. The funding will be used to scale and integrate the blockchain technology where consumers will be able to pay for their energy use on supply and demand
July 2017Product launchOfgem, the U.K. regulatory agency for gas and electricity, announced that it has begun regulatory sandbox discussion with a consortium led by EDF Energy and includes Electron, PassivSystems, Repowering London and University College London. The consortium would trail a peer-to-peer local energy trading platform where residents can source their local renewable energy and can trade with their neighbors.

Product Offering

  • Electron (Chaddenwych Services Limited).
    • Electron

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