ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

US DOE Backs Blockchain Energy Project In Colorado




The US government will award a grant to a Colorado blockchain startup, Grid7 LLC.

On Monday, the US Department of Energy (DOE) announced that Grid7 LLC, a blockchain company based in Boulder, Colorado, will receive a nearly $1 million grant to further develop an energy project titled "E-Blockchain: A Scalable Platform for Secure Energy Transactions and Control." The grant is to be used over a two-year period. According to information submitted to the DOE's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, the Grid7 team hopes to use blockchain technology to tackle cybersecurity issues in power plant control systems, industrial control systems, and cyber-physical systems. The project will also include the development of a more decentralized energy system and the improvement of grid reliability.

Grid7's project is part of the second phase of the DOE's SBIR and STTR programs. Small businesses from the first phase, which focused on technical feasibility, go on to compete for phase two funding, which is used to develop prototypes or processes. During phase one, the Colorado startup was granted nearly $150,000.

The DOE says that small businesses are major players when it comes to innovation and job creation in the US economy. Blockchain startups can certainly fall into this realm.

The alternative energy market has seen its fair share of blockchain advancements. In January, the DOE announced its collaboration with blockchain provider BlockCypher to create a peer-to-peer energy trading system. In June, Silicon Valley Power, which is based in Santa Clara, California, unveiled its partnership with Australian blockchain company Power Ledger to simplify the process of tracking and earning California's Low Carbon Fuel Standard credits. And abroad, in April, the United Nations Development Programme revealed its blockchain-related pilot to test a solar investment system in Moldova.

Dani Putney

Dani is a full-time writer for ETHNews. He received his bachelor's degree in English writing from the University of Nevada, Reno, where he also studied journalism and queer theory. In his free time, he writes poetry, plays the piano, and fangirls over fictional characters. He lives with his partner, three dogs, and two cats in the middle of nowhere, Nevada.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Colorado, blockchain or other Ethereum application news.