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Transactive Energy for the Electric Grid of the Future

So how can a decentralized electric system with high penetration of distributed energy resources (DERs) operate to provide reliable electric power at the lowest cost? Originally proposed by the U.S. Department of Energy’s Gridwise Architecture Council in 2015, a Transactive Energy Framework could be the answer.  Consider that we started with an electric grid that was a vertically integrated with central generation that fed power one way to all customers and was managed by the central utility. Even with deregulation separating generation and distribution functions, there is still a need to balance generation and load in some manner.  Here, a transactive energy (TE) market or TE, could provide “a system of economic and control mechanisms that allows the dynamic balance of supply and demand a...

NASSCOM’s collaboration with Blockchain Research Institute

In our effort to develop and nurture an ecosystem for emerging technologies, on February 22nd 2018, NASSCOM signed a memorandum of understanding (MOU) with the Blockchain Research Institute (BRI), to catalyse Blockchain capabilities in India. As per Thinkers50 2017, Don Tapscott, the founder of BRI is ranked as the #2 Most Influential Thinker in the world. There is no doubt that Blockchain technology will become ubiquitous in the next few years. Blockchain will revolutionize the way we will do business, and will cut across all sectors and functions. BRI conducts cutting-edge research on the impact of Blockchain on Businesses, Governments, and Society. This research is conducted by 40 of the world’s top Blockchain thinkers and practitioners. Do connect us with the right person in your organ...

NASSCOM-FICCI Workshop on ‘SCOMET updates: Implications for IT Industry

NASSCOM with the support from FICCI and Govt of India had recently organized a workshop on the SCOMET (Special Chemicals, Organisms, Materials, Equipment and Technologies)  guidelines to discuss its implications for the IT Sector in Bengaluru on July 28th 2017. The workshop was attended by representatives from industry and senior government officials from the Ministry of External Affairs, Department of Defence Production, Ministry of Defence and Directorate General of Foreign Trade, , Defence PSUs and experts from select Wassenaar member countries.   Presentations attached. Please download for reference.  

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