Formal verification tools such as TLA+ allow errors to be uncovered through exhaustive exploration of reachable states, and are the gold standard for ensuring resilience in software systems. In particular, these methods can be used to identify error states emerging from precise interactions between multiple subsystems that would occur only after long periods of testing, operation, or stacked error conditions.

The U.S. bulk power system has an enormous number of actors: regulatory agencies (local, state, and federal), utilities (investor-owned, municipal, cooperatives, and power marketing administrations), operators (ISOs and RTOs), and customers.

The future decarbonized power grid will make increasing use of distributed energy resources (DERs) controlled using data collected at an extremely granular level compared to today’s coarse bulk power system models.

There are thousands of smart grid pilot projects all around the world, having begun largely in the early 2000s. With the introduction of blockchain, and with the grid becoming more unpredictable and decentralized, several use cases are becoming apparent for blockchain.