Michael Merz is founder / managing director of PONTON. He has demonstrated his expertise in several projects related to energy trading, grid operation, market platforms and post-deal processing. At PONTON, he has been involved in the development of clearing and settlement systems (SMSS, Equias eSM), transaction reporting services (Equias eRR), infrastructures for energy trading (Enerchain, etc.), and grid management (EDA, Gridchain). Michael has also contributed to innovation projects in energy trading such as NEW 4.0, ETIBLOGG and EDDIE. He is author of several books, the most recent is titled "Blockchain for B2B Integration".
To increasingly use renewable energies, PONTON has developed a platform for coordinating local flexibilities – the Energy Platform (in German: “Energieplattform”). Flexibility is traded here as the ability of producers or consumers of power to adjust their production or consumption to help mitigate grid congestions.
The Gridchain project has shown how to use an innovative balancing mechanism to mitigate congestions in local power grids.
ETIBLOGG supports local energy communities in their real-time trading of short-tern deliveries. This way, producers can sell their excess energy and buyers can use it based on a local price mechanism.
Grid-supportive flexibility is a solution to mitigate such congestions. In order to roll-out a standardized process for congestion management, Austrian DSOs conducted the project Active Distribution Grid Management in early 2020.
This book provides an overview of the various types of blockchain variants. Pros and cons of these technologies are weighed against real-life business requirements.
Michael explains how the tendermint Practical Byzantine Fault Tolerance (PBFT) consensus mechanism works that has been used for the Enerchain project.
PONTON GmbH
Dorotheenstr. 64
D-22301 Hamburg
Phone: +49 40 866 275 340
Fax: +49 40 866 275 155
Mail: info@ponton.de
