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LO3 Energy And EPEX SPOT Join Forces To Connect Local Microgrids To The Wholesale Market - The Companies Find Solutions For The Energy World Using Blockchain Technology

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LO3 Energy, an energy-tech company revolutionizing the future of energy through disruptive technologies, and the European Power Exchange EPEX SPOT have signed a Memorandum of Understanding (MoU) in Paris today. Both companies commit to sharing their complementary expertise to develop solutions connecting the local and the wholesale market using blockchain technology and involving clean energy. A first realization of this partnership will involve pilot projects in Europe. The LO3 technology will be deployed in community microgrids, and the two partners will connect these local peer-to-peer markets to the EPEX SPOT wholesale markets.

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