With global warming on the rise, the need for renewable energy has never been higher. In Canada, a local conservation authority is turning to blockchain technology to facilitate the management of this energy, partnering with blockchain technology firm Insolar on the initiative. The Toronto and Region Conservation Authority (TRCA) is spearheading the project. Through its Sustainable Technologies Evaluation Program (STEP), the authority will seek to leverage Insolar\u2019s blockchain solutions to protect the local communities even as they become more involved in energy production. In Ontario, a community of distributed energy resources (DERs) is growing, with the contribution of local energy producers to the grid rising by the day. The authorities have welcomed this group with open arms, viewing it as a crucial strategy to fill the growing gap in electricity supply. Insolar\u2019s Assured Ledger blockchain platform powers a trusted data exchange, a solution that Ontario believes will be \u201ckey for making DERs workable at scale.\u201d The project will especially welcome renewable DERs from sources such as wind and solar, in line with its goal of replacing 30% of its conventional power production with renewable sources in the next 15 years. Data exchange will be critical to the coordination of transactive energy system, the authority stated in its press release. Gil Admurski, the technical coordinator at STEP remarked, \u201cAn effective transactive energy system can maximize renewable energy use and solve the intermittency problem. It can connect and aggregate prosumer DERs, enterprise microgrids, and electric vehicles to the grid. Thus, the energy supply from renewables is managed optimally: it can be stored and redistributed when and where it is needed. This can stabilize grids, reduce peak demand, and make utilities future-ready without having to rebuild their infrastructure.\u201d The system could also bring in electric vehicles, a sector that\u2019s gaining traction as more people become conscious of their carbon footprint. These vehicles could \u201cact as batteries and feed the power back to the grid,\u201d Admurski explained. To ensure that the supply to the homes and other crucial sectors isn\u2019t interrupted, the owners of these vehicles can be incentivized to charge outside peak load times. Insolar\u2019s Lesley Czuma remarked, \u201cDLT has immense power to fight climate change and enable green electricity. It coordinates stakeholders, creates real-time data transparency, auditability, and trust\u2014all of which are essential for effective energy demand management.\u201d The use of blockchain in the renewable energy industry has been ongoing for years now. In Singapore, the national electricity company runs a blockchain-powered marketplace for renewable energy certificates. The Singapore Power Group said during launch that it believed that platform would improve efficiency and transparency. In Spain, leading renewable energy company Acciona Energy also runs a blockchain-powered system for tracing the electricity it produces. The system allows users to verify the source of the energy it produces.